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Contradicting the conventional wisdom of constant factor shares, the portion of national income accruing to labor has been trending downward in the last three decades. This decline must have contributed to rising inequality as labor income is more evenly distributed than capital income. This...
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Urban road infrastructure is crucial in determining air pollution. Yet, little is known about the roles played by road … particulate matter (PM10) using city-level data from the People's Republic of China (PRC). Our robust modeling results show that …
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China has been running a large trade surplus with the rest of the world, particularly with the USA and EU. This has …, mostly focus on real exchange rate and income as determinants of China's trade imbalances. Little attention has been given to … literature by adding FDI to China's trade balance model. Fitting aggregate annual data from 1979 to 2007 to SURE (Seemingly …
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