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A trade war between the United States and China resulted in an increase in trade tariffs on imported goods entering each of these countries. Southeast Asian countries that have trade relations with the two countries, especially in terms of non-oil and gas exports of 25% to 35%, will be affected...
Persistent link: https://www.econbiz.de/10012800284
To analyze the variation of spatial spillover effects over time as well as control unobserved individual-specific features, we extend the fixed effects spatial panel data model by introducing time-varying spatial dependence. For estimation, we propose a two-stage least squares method and the...
Persistent link: https://www.econbiz.de/10012889386
While institutions are said to be poor in China in cross-country comparison, recent research indicates that at the provincial level, institutional quality plays in fact an important role for the economic success of a province in China. Our paper aims to add further arguments to this discussion...
Persistent link: https://www.econbiz.de/10014091300
For more than three decades, China has managed to combine rapid economic growth with a heavily regulated financial sector. The discrepancy between economic and financial development has raised the question of whether China might be an exception to the so-called finance-growth nexus. This study...
Persistent link: https://www.econbiz.de/10011096120
Persistent link: https://www.econbiz.de/10011823436
The paper describes the general approach to project various tax revenues in future years under the current tax law and proposed changes in the law. It also presents a short term monthly model for monitoring tax revenues. The model is applied to the case of China.
Persistent link: https://www.econbiz.de/10004976737
The purpose of this work is to evaluate the redistributive role of government social security transfers on inequality in China. We attempt to answer two questions. First, does inequality of after-transfer income narrow, compared to that of before-transfer income? Second, given the scale and...
Persistent link: https://www.econbiz.de/10011878846
Using the data from the China Household Income Project (CHIP) in 2002, 2007, and 2013, this chapter examines the effects of a series of social policy reforms on the economic distance between the rich and poor in each of the urban, rural, and migrant household sectors. We find that over the years...
Persistent link: https://www.econbiz.de/10011878847
How do modern fiscal states arise? Perhaps the most dominant explanation, based on the European experience, is that democratic institutions that limited the extractive power of states-exemplified by the 1688 Glorious Revolution in England-paved the way for the rise of fiscal capacity and...
Persistent link: https://www.econbiz.de/10013204780
Coordination of macro-economic development and employment is an essential issue for China's social development, which largely depends on economic expansion, as well as integration into the global market to create jobs. Through the literature review and empirical test, this paper analyses the...
Persistent link: https://www.econbiz.de/10010280727