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Critical technologies including artificial intelligence, semiconductors and quantum computing are attracting attention because of their indispensable nature and their role in national security strategies. We compare China, the United States and the European Union in these technologies and their...
Persistent link: https://www.econbiz.de/10015406642
To date there has been few systematic and comparative empirical analyses of the nature of economic development in Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of structural change between 1980 and 2010, focusing on the...
Persistent link: https://www.econbiz.de/10009786965
This study creatively investigates the strategic and substantive innovation transformation of basic research results … strategic and substantive innovation, and the level of intellectual property protection has a significant regulatory role …. Improved intellectual property protection will weaken the strategic innovation transformation of basic research results and …
Persistent link: https://www.econbiz.de/10014506773
China and India have successfully integrated into the world economy. Once specialised in textiles, they have developed new export-oriented sectors linked to the information and communication technology (ICT), taking advantage of the globalisation process which has enlarged access to new...
Persistent link: https://www.econbiz.de/10005002390
The development over time of market integration between Chinese provinces is analyzed by estimating threshold vector error correction models for rolling windows during 1998-2003. Transaction costs clearly decrease during this period characterized by liberalization of external trade and domestic...
Persistent link: https://www.econbiz.de/10011525791
This study attempts to investigate the evolution of dynamic linkages and volatility spillover between the five countries of the Association of Southeast Asian Nations (ASEAN-5) stock markets and China's economic activities. By using the movements and structural breaks of the time-varying...
Persistent link: https://www.econbiz.de/10011515815
This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of industrialization. Our empirical strategy focuses on the dynamics of price convergence and accounts for general equilibrium effects arising from common shocks and network...
Persistent link: https://www.econbiz.de/10011375678
China is a fascinating country in Asia, the second-largest economy in the world, with incredible economic growth and development in the last two decades. In addition, China has dramatically enjoyed a disciplined and successful financial integration with the region and the world in the same...
Persistent link: https://www.econbiz.de/10012296075
We illustrate that a statistical model can be used to gauge the degree of market integration. The model is applied to the case of China, which is undergoing transition from a central planning to a market economy and there is a growing interest as to the evolution of its market integration
Persistent link: https://www.econbiz.de/10014084656
This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of industrialization. Our empirical strategy focuses on the dynamics of price convergence and accounts for general equilibrium effects arising from common shocks and network...
Persistent link: https://www.econbiz.de/10013011330