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Persistent link: https://www.econbiz.de/10008351365
We here consider how Chinese firms adjust to higher minimum wages and how these affect aggregate productivity, exploiting the 2004 minimum-wage reform in China. We find that higher city-level minimum wages reduced the survival probability of firms which were the most exposed to the reform. For...
Persistent link: https://www.econbiz.de/10011246327
Since the global crisis, China's foreign trade is no longer driven by its involvement in the global supply chains (i.e. by processing trade) but its dynamics stems from China’s own domestic demand and supply. For foreign funded enterprises, China is less and less a production base for export...
Persistent link: https://www.econbiz.de/10011235040
This paper studies the degree of integration of China's domestic market and investigates the determinants of inter-provincial trade barriers under the rubric endogenoustrade policy theory. I rely on industry-level trade flows extracted from provincial input-output tables to develop a model that...
Persistent link: https://www.econbiz.de/10011256448
China's export performance over the past fifteen years has been phenomenal. Is this performance going to last? Wages are rising rapidly but a population in excess of one billion represents a large reservoir of labor. Firms in export-intensive provinces may draw on this reservoir to increase...
Persistent link: https://www.econbiz.de/10008872456
[fre] L'évolution de l'intégration interne et internationale des provinces chinoises. . Dans cet article, nous appliquons la méthode des « effets frontière » pour étudier l'évolution de la Chine à la fois en matière d'ouverture économique internationale et d'intégration du marché...
Persistent link: https://www.econbiz.de/10008618056
In this paper, we assess the success of the ongoing financial system reforms in China by investigating the extent to which firms are financially constrained. We focus on the role played by Foreign Direct Investment (FDI) in funding the Chinese corporate sector, and analyze whether incoming...
Persistent link: https://www.econbiz.de/10009321702
We investigate whether previous findings of only limited effects of investing abroad on the performance of parent firms can be explained by the aggregation of heterogeneous effects depending on the motive for foreign direct investment (FDI), sector, and location. Our results suggest, in line...
Persistent link: https://www.econbiz.de/10009321879
<heading format="display" id="h1" implicit="yes" level="1">Abstract</heading> (1241) Laura Hering and Sandra Poncet Copyright 2010 Blackwell Publishing Ltd.
Persistent link: https://www.econbiz.de/10008681806
We consider the effect of export sophistication on economic performance using regional variations within a single country (China) over the period 1997-2009. We confirm Hausmann, Hwang and Rodrik (2007)'s prediction that regions that specialize in more sophisticated goods subsequently grow...
Persistent link: https://www.econbiz.de/10010795566