Several studies have highlighted that African manufacturing wages are higher than comparator countries at similar levels of development, which contributes to the continent's lower levels of manufacturing competitiveness. This paper derives unit labor costs - average wages relative to...

Several studies have highlighted that African manufacturing wages are higher than comparator countries at similar levels of development, which contributes to the continent’s lower levels of manufacturing competitiveness. This paper derives unit labor costs - average wages relative to...

This report examines the place of China’s automobile industry in the global market and analyzes the recent, rapid increase in Chinese automobile exports. In addition, the implications carried by the rise of Chinese auto exports for the Korean automobile industry are identified and analyzed

Firms, especially Chinese manufacturing firms, invest significant resources in innovation activities to sustain their position in the intensifying competitive environment. However, innovation efficiency has led to growing concerns due to the rapid increase in R&D expenditures. The purpose of...

Using data collected by the World Bank, we empirically investigate the relationship between Chinese manufacturers' supply chain attributes, raw material and finished goods inventory turnover, and return on sales. Our findings indicate that location proximity, relationship continuity, and the...

The purpose of this paper is first to examine the historical and current development of the private sector in the PRC, and then to try to identify its characteristics, bottlenecks to further development and their policy implications. We then explore a simplified mathematical model, illustrating...

In this paper, the competition impact (the volumes of imports of manufactured goods by African countries and their relative prices captured by real exchange rates) that China exerts on Africa's manufacturing added value is empirically analyzed. Using panel data on 44 African countries covering...

The import competition literature suggests that Chinese industrial policies and technological trends have altered the nature of competition with China so that it does not take place on a level playing field anymore. Empirical evidence about firms' reactions in developed economies to competition...

Since 1997 the Hong Kong (HK) government has markedly changed its role from being a mere institution provider to being an active innovation promoter. As such, it has actively implemented innovation policies that focus especially on creating new funding opportunities and establishing several R&D...