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than below one. We use time series data on labor's share in GDP to estimate a substitution elasticity for China, finding … role of factor substitution in future Chinese growth. We argue that high growth in China can be supported in such a …
Persistent link: https://www.econbiz.de/10013110413
country, single period numerical general equilibrium model which captures China and her major trading partners and examine the … outcomes of trade policy bargaining solutions (bargaining over tariffs and financial transfers) over time as China grows more … parameterizations. This yields a measure of both absolute and relative gain to China from bargaining. We calibrate our model to base …
Persistent link: https://www.econbiz.de/10013110936
We discuss monetary thought in ancient China from the perspective of Western monetary theory. It sets out the structure … of economic activity in the various dynasties of ancient China and emphasizes the differences in monetary structure from … Europe (and later North America). Imperial China was a politically integrated structure with regional segmentation of …
Persistent link: https://www.econbiz.de/10013142088
Because of large and rapid growing export volumes and its formal status as a non-market economy; China has been the … are against China; India, in turn, is the largest source of initiation against China by number of actions. Here we explore … empirically. We use industrial panel data on all Chinese firms in the industry, foreign firms operating within China and state …
Persistent link: https://www.econbiz.de/10013094234
of US–China bilateral retaliation on trade flows and welfare. One is a conventional Armington trade model with five … regions, the US, China, EU, Japan and the Rest of the World, and calibrated to a global 2009 micro consistent data set. The … other is a modified version of this model with monetary non-neutrals and including China's trade surplus as an endogenous …
Persistent link: https://www.econbiz.de/10010588241
In this paper we focus on the rapidly deepening bilateral India-China economic relationship. Each is deeply integrating … into the global economy through trade and FDI inflows, China is seen as primarily manufacturing-lead growth with India as … China, and the two have to be considered a joint global presence. India and China are thus viewed in the literature in …
Persistent link: https://www.econbiz.de/10008671685
We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply … international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil … rates suggest that China will become the dominant trade partner for Brazil surprisingly soon. …
Persistent link: https://www.econbiz.de/10008833874