Showing 1 - 10 of 42
This paper studies the value of external commitment to policy reforms in the case of WTO/GATT accessions. The … the acceding countries, as reflected in protracted negotiations. We study the growth and investment consequences of WTO …
Persistent link: https://www.econbiz.de/10005579929
This paper examines two related issues: (a) the implicit methodology used by the U.S. Treasury in determining whether China and its other trading partners manipulate their exchange rates, and (b) the nature of the Chinese exchange rate regime since July 2005. On the first issue, we investigate...
Persistent link: https://www.econbiz.de/10005114394
The practice of sourcing service inputs from overseas suppliers has been growing in response to new technologies that have made it possible to trade in some business and computing services that were previously considered non-tradable. This paper estimates the effects of offshoring on...
Persistent link: https://www.econbiz.de/10005829892
content in its manufactured exports was about 50% before China's WTO membership, and has risen to nearly 60% since then. There …
Persistent link: https://www.econbiz.de/10010599681
We provide systematic evidence that intermediaries play an important role in facilitating trade using a firm-level the census of China's exports. Intermediaries account for around 20% of China's exports in 2005. This implies that many firms engage in trade without directly exporting products. We...
Persistent link: https://www.econbiz.de/10008610962
If trade barriers are managed by inefficient institutions, trade liberalization can lead to greater-than-expected gains. We examine Chinese textile and clothing exports before and after the elimination of externally imposed export quotas. We find that the surge in export value and decline in...
Persistent link: https://www.econbiz.de/10009325513
This paper presents a new conceptual framework to measure sources of value-added trade by country in global production networks. With a parsimonious decomposition of gross exports that eliminates "double counting", it integrates all previous measures of vertical specialization and value-added...
Persistent link: https://www.econbiz.de/10009350584
This paper provides both a conceptual framework for decomposing a country's gross exports into value-added components by source and a new bilateral database on value-added trade. Our parsimonious framework integrates all previous measures of vertical specialization and value-added trade in the...
Persistent link: https://www.econbiz.de/10008674232
Trade globalization may affect corporate transparency via multiple channels, with potentially opposite signs. We aim to … empirically disentangle these channels by tracking evolution of corporate transparency for 4061 listed firms in tradable sectors … opportunities engendered by foreign trade reforms are disproportionately associated with better corporate transparency in industries …
Persistent link: https://www.econbiz.de/10011117667
If trade barriers are managed by inefficient institutions, trade liberalization can lead to greater-than-expected gains. We examine Chinese textile and clothing exports before and after the removal of externally imposed quotas. Both the surge in export volumes and the decline in prices after the...
Persistent link: https://www.econbiz.de/10011083645