Showing 1 - 10 of 15
We study the multifaceted effects and persistence of trade policy shocks on financial markets in a structural vector autoregression. The model is identified via event day heteroskedasticity. We find that restrictive US trade policy shocks affect US and international stock prices heterogeneously,...
Persistent link: https://www.econbiz.de/10012424229
This study analyzes empirically the effects of import competition on firm productivity (TFPQ) using administrative firm-level panel data from German manufacturing. We find that only import competition from high-income countries is associated with positive incentives for firms to invest in...
Persistent link: https://www.econbiz.de/10012426234
This work investigates effects of conventional monetary policy and central bank information shocks from monetary policy announcements on the U.S. economy. We identify the surprises caused by changes in target rate and central bank’s private information embedded in high frequency exchange rate...
Persistent link: https://www.econbiz.de/10012304714
Recently, various environmental problems have been generated with the rapid economic development in China. That …'s because China currently over-emphasized economic development beyond environmental issues; therefore, now it is important to … consideration of policy, regional and timing choice in Jiaxing City, China. …
Persistent link: https://www.econbiz.de/10011544746
China as a case study, this paper provides a systematic framework for the analysis of waste water reuse potential under …
Persistent link: https://www.econbiz.de/10011544762
The paper proposes a model to investigate the influences of agglomeration on heterogeneous firms' exporting behaviors. In the model, firms are heterogeneous in productivity. Selection effect and agglomeration economies caused by agglomeration increase firms' productivity and decreases industrial...
Persistent link: https://www.econbiz.de/10011508161
The issue of the possible adverse effects of a reduction in pollution on the economy is a very real one for China … exacerbate the already large and persistent inter-regional disparities in China. Policy choices will therefore be complicated and …
Persistent link: https://www.econbiz.de/10011508532
Over the past two decades China has achieved eye-catching development in the provision of telephone and Internet … empirical examination of China's universal service practices and characterization of what has appeared to be the Chinese model …. In so doing, China's universal service development is demarcated into discernible stages which are then matched with …
Persistent link: https://www.econbiz.de/10012004792
The transformation of China into a knowledge based economy is currently one of the most intensively debated research … knowledge spillovers on manufacturing total factor productivity (TFP) in China - at the level of Chinese regions - through the … question whether TFP in China is increasingly based on knowledge production and diffusion. Relying on the regional KCM as …
Persistent link: https://www.econbiz.de/10011581772
For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with possible adverse effects to the real economy. For example, the stock of loans increased by more than 50 percent since the end of...
Persistent link: https://www.econbiz.de/10011550681