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To empirically investigate whether the Belt and Road Initiative (BRI) acts as a catalyst to the forming of a regional RMB bloc, we explore the co-movements between the RMB and the currencies of BRI countries from July 21, 2005 to December 31, 2018 using a modified Frankel-Wei model. We find that...
Persistent link: https://www.econbiz.de/10013222149
American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …
Persistent link: https://www.econbiz.de/10009666491
American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …
Persistent link: https://www.econbiz.de/10009683383
American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …
Persistent link: https://www.econbiz.de/10013097751
American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …
Persistent link: https://www.econbiz.de/10013089557
markets between China and BRI countries. The validity of purchasing power parity (PPP) implies well-integrated goods markets … financial markets. Our study aims to examine the validity of the PPP and the extent of goods market integration between China … African BRI countries have experienced goods market integration with China during the second-half period only. This indicates …
Persistent link: https://www.econbiz.de/10015063908
vehicle currency. Even though the literature about China is relatively large, no study has scrutinized the asymmetric impacts … of vehicle currency and real effective exchange rate on China’s total trade balance with the entire EU. This research gap … is especially notable in the circumstances that the EU has surpassed the USA to become China’s largest trading partner …
Persistent link: https://www.econbiz.de/10013463127
large negative shock in China, Germany and United States on the growth of other economies. We use a univariate Global … the globe whereas Germany and China play an important regional role. …
Persistent link: https://www.econbiz.de/10012287453
This research analyzes the need for deep regional cooperation between the South-Mediterranean countries in order to minimize the negative effects form the “Hub and Spokes” nature of the Euro-Mediterranean Partnership. Such a deep cooperation requires coordinating the interdependent exchange...
Persistent link: https://www.econbiz.de/10013156627
We estimate the effect of RTAs on bilateral exports by means of a gravity model analyzing its sensitivity to different specifications and methods. RTAs generate a sizable positive effect. However, shifting to country-pair and time-varying fixed effects systematically reduces coefficients....
Persistent link: https://www.econbiz.de/10012406025