Following a hedonic framework, this paper constructs various transaction-based commercial property price indicators for the Netherlands. Using quarterly data from the Investment Property Databank (IPD), the analysis covers a total of 10,000 listed properties over the period 2001-2011. The study...

Since the introduction of its “open door” policy in the late 1970s, China has been attracting a growing share of FDI inflows and its international trade integration has advanced considerably. In this study, we take a closer look at the regional growth impact of the Chinese...

Purpose – The purpose of this study is to investigate the driving forces of China's recent rapid economic growth and its sustainability in the future. Design/methodology/approach – A stochastic production frontier approach is employed in order to investigate regional productivity...

This study investigates the degree and speed of the exchange rate pass through (ERPT) into extra-euro area import prices for the euro area aggregate and the five largest countries. Based on quarterly frequency data, the analysis covers the period 1996Q1-2015Q2. Two alternative measures of the...

China’s recent emergence as a major global partner has been one of the most remarkable facts of the past decades. Over the last 30 years of reform, Chinese economy exhibited unprecedented sustainable economic growth and the country has gradually transformed its structure from a self-reliant,...

This paper explores the impact of trade openness on the economic growth of Brazilian states according to their initial income level. This empirical study covers 26 Brazilian states over the period 1989-2002. Growth rates of Brazilian states are modeled as dependent on international trade flows...