Showing 1 - 9 of 9
This paper examines the impact of sectorial reforms on current account imbalances, with a special focus on the People's Republic of China (PRC). In particular, we investigate to what extent reforms pertaining to the financial sector, social protection, and healthcare may contribute to a...
Persistent link: https://www.econbiz.de/10010397354
This paper examines the impact of sectorial reforms on current account imbalances, with a special focus on the People's Republic of China (PRC). In particular, we investigate to what extent reforms pertaining to the financial sector, social protection, and healthcare may contribute to a...
Persistent link: https://www.econbiz.de/10013098393
This study investigates the determinants of currency choice for trade invoicing in a cross-country context while focusing on the link between capital account liberalization and its impact on the use of the renminbi (RMB). The authors find that while countries with more developed financial...
Persistent link: https://www.econbiz.de/10013055740
We investigate why and how the financial conditions of developing and emerging market countries (peripheral countries) can be affected by the movements in the center economies - the U.S., Japan, the Eurozone, and China. We apply a two-step approach. First, we estimate the sensitivity of...
Persistent link: https://www.econbiz.de/10013023347
We investigate why and how the financial conditions of developing and emerging market countries (peripheral countries) can be affected by the movements in the center economies - the U.S., Japan, the Eurozone, and China. We apply a two-step approach. First, we estimate the sensitivity of...
Persistent link: https://www.econbiz.de/10012457538
We apply a trilateral trade approach to examine how Japanese exports and investment to China, or seven other Asian economies, affect Chinese, or the seven Asian economies', exports to the US market. The results suggest that while Chinese and Japanese exports are directly competitive in US...
Persistent link: https://www.econbiz.de/10013127052
In this study, we investigate the dynamics of the trilateral trade relationship among the U.S., Japan and an emerging economy in the Pacific Basin. Our particular attention is paid to two emerging countries; China and Mexico. In what we call the “triangular trade approach,” we explore how...
Persistent link: https://www.econbiz.de/10005824775
Political conflicts among trading partners have changed their forms with ever-increasing flows of foreign direct investment. A decrease in the exports of Japan might merely be a reflection of a global production shift by Japanese multinational corporations. We investigate the effect of Japanese...
Persistent link: https://www.econbiz.de/10005766943
Persistent link: https://www.econbiz.de/10003878878