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informal mechanisms detracted from institutional growth. In China, reforms addressed problems that institutions usually do, but …
Persistent link: https://www.econbiz.de/10005823498
Prepared for the Handbook Of New Institutional Economics, this chapter focuses on how the NIE has been used to understand transition and how the experience of transition can help inform the NIE. It first shows that the NIE, as an analytical tool, hardly played any role at all in early...
Persistent link: https://www.econbiz.de/10005823503
We present a new composite leading indicator of economic activity in mainland China, estimated using a dynamic factor …
Persistent link: https://www.econbiz.de/10005823523
We present a new composite leading indicator of economic activity in mainland China, estimated using a dynamic factor …
Persistent link: https://www.econbiz.de/10005823531
This paper uses multivariate GARCH techniques to study volatility spillovers between the Chinese non-deliverable forward market and seven of its Asia-Pacific counterparts over the period January 1998 to March 2005. To account for the time-variability of conditional correlation, a dynamic...
Persistent link: https://www.econbiz.de/10005823534
On 21 July 2005 China adopted an undisclosed basket exchange rate regime. We formally assess and envisage the gradual …
Persistent link: https://www.econbiz.de/10005823536
Chin Hee Hahn and Sukha Shin (2007) have developed new decompositions of Korean economic growth from 1990 to 2004. They find that Korea’s declining GDP growth has been accompanied by a sharp decline in capital deepening and an increase in total factor productivity. By contrast, Jorgenson and...
Persistent link: https://www.econbiz.de/10005824175
In this paper, we make use of a unique world electronics production data set to assess China’s upgrading trajectory in … the global electronics industry. Contrary to existing studies, we find no evidence that China’s electronics production … activities are more sophisticated than one would expect from its level of development. We also find little evidence that China is …
Persistent link: https://www.econbiz.de/10005824208
economy in the Pacific Basin. Our particular attention is paid to two emerging countries; China and Mexico. In what we call … continent countries and four European countries. Our empirical results suggest that the exports of China and Mexico are directly … competing with those of Japan in US markets while the exports of China and Mexico to the US also appears to be promoted partly …
Persistent link: https://www.econbiz.de/10005824775
Persistent link: https://www.econbiz.de/10005826702