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in China. A short-lived alliance between the U.S.S.R. and China led to the construction of 150 "Million-Rouble plants" in …
Persistent link: https://www.econbiz.de/10013477236
other pacific countries are included, China is notable for its exclusion from the process thus far. This paper uses … numerical simulation methods to assess the potential effects of a TPP agreement on China and the other participating countries …. Simulation results reveal that China will be hurt by TPP initiatives, but the negative effects are relatively small given the …
Persistent link: https://www.econbiz.de/10012460569
In this chapter we draw from existing literature and a range of statistics to describe economic, entrepreneurial and innovative activities in the transportation and warehousing sector of the U.S. economy. We suggest multiple avenues for future work, and argue for more research on the role of...
Persistent link: https://www.econbiz.de/10012481866
This is a comprehensive study of measurement and substantive issues that arise in determining the rate of multi factor productivity (MFP) growth in the transportation industry over the postwar period, 1948-87. Official data on output and employment are provided by two government agencies and...
Persistent link: https://www.econbiz.de/10012475182
In China, local governments have actively contributed to the growth of new firms. In Russia, local governments have … present in China, but not in Russia. Transition in China has taken place under the tight control of the communist party. As a … behavior of local governments in Russia. First, capture by old firms, leading local governments to protect them from …
Persistent link: https://www.econbiz.de/10012471154
real consumption for a select group of nations in Europe and some large countries like China and Russia, but lower in most …
Persistent link: https://www.econbiz.de/10012510589
Using both the onset of the US-China trade war in 2018 and the most recent Russia-Ukraine war and associated trade …
Persistent link: https://www.econbiz.de/10014576650
Motivated by the historically tense geopolitical situation in Southeast Asia, we simulate the potential closure of key maritime waterways in the region to predict the impact on trade and welfare. We generate initial (unobstructed) and counterfactual (rerouted) least-cost maritime paths between...
Persistent link: https://www.econbiz.de/10012482267
We assess the role of economic and security considerations in the currency composition of international reserves. We contrast the "Mercury hypothesis" that currency choice is governed by pecuniary factors familiar to the literature, such as economic size and credibility of major reserve currency...
Persistent link: https://www.econbiz.de/10012453568
After decades of rising global economic integration, the world economy is now fragmenting. To measure this phenomenon, we introduce an index of geopolitical fragmentation derived from various empirical indicators. This index is developed using a flexible dynamic factor model with time-varying...
Persistent link: https://www.econbiz.de/10014576667