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The growth of Chinese exports in market share over the past two decades is a singular event in the history of world trade. Using data from 1995-2010, we document this growth in a variety of ways. We show that the expanded trade is pervasive. Virtually every country in the world has seen China...
Persistent link: https://www.econbiz.de/10014153300
The growth of Chinese exports both in volume and in market share over the past two decades is a singular event in the history of world trade. Using data from 1995-2005, we document this growth in a variety of ways. First, we show that the expanded trade is pervasive. Virtually every country in...
Persistent link: https://www.econbiz.de/10013127543
This paper examines how production techniques differ across countries, factors, and industries and considers its implications for previous empirical evidence on the Vanek prediction. I find that production techniques differ substantially across countries and factors, but differ much less across...
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Over the 1990s when Japan's city banks suffered from nonperforming loans, the number of small manufacturing establishments substantially declined. We use a heterogeneous firm model and examine how a banking crisis intensifies the exit of small firms. Our model predicts that a banking crisis has...
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During 1995-2007, China enacted reforms fostering competition including acceding to the World Trade Organization (WTO) and encouraging entry of non-state firms. While there is evidence that firms reduced markups, there is competing evidence that incumbent firms gained rents. We estimate the...
Persistent link: https://www.econbiz.de/10013296253