Showing 191 - 200 of 210
Persistent link: https://www.econbiz.de/10015071117
Since China joined the World Trade Organisation in 2001, the Chinese economy has grown rapidly, especially the tradable goods sector. However, the Chinese real exchange rate did not exhibit a persistent and stable appreciation until 2005. This is a puzzling fact that is inconsistent with...
Persistent link: https://www.econbiz.de/10013213791
Persistent link: https://www.econbiz.de/10013167834
While it is tempting to think of Free Trade Areas (FTAs) as liberalizing, they need not be. One reason for this is a relatively less studied feature of FTAs, namely Rules of Origin (ROOs) which determine when products are eligible for preferential treatment. We develop a model to study the...
Persistent link: https://www.econbiz.de/10014207150
Chapter 1. Introduction -- Chapter 2. Dialogue with Ray DALIO—Development and Cooperation in the New World Order -- Chapter 3. Outlook on the World Economy, Finance and Global Order -- Chapter 4. China Economy and Policy Outlook -- Chapter 5. Innovation, Finance, and Tech Competition --...
Persistent link: https://www.econbiz.de/10013504725
Introduction -- Chapter 1 Keynote speech & Dialogue: Global Financial Turbulence and Changes in the World Order -- Chapter 2 Roundtable Ⅰ: China Economic Outlook -- Chapter 3 Global Financial Turbulence and China's Financial Market -- Chapter 4 Global Financial Turbulence and China's Economic...
Persistent link: https://www.econbiz.de/10014483943
International capital flows from rich to poor countries can be regarded as either too low (the Lucas paradox in a one-sector model) or too high (when compared with the logic of factor price equalization in a two-sector model). To resolve the paradoxes, we introduce a non-neoclassical model which...
Persistent link: https://www.econbiz.de/10014401976
Both horizontal and vertical innovations are studied in this paper, using monopolistic and oligopolistic competition models with multiproduct firms. We consider a two-stage game. In the first stage, all firms simultaneously choose their own number of products. In the second stage, firms make...
Persistent link: https://www.econbiz.de/10014145399
Using a dynamic general equilibrium model with many goods and many factors, this paper studies the adjustment process in a transition from one equilibrium to another. Applying a search process, an adjustment technique is developed to link the product and factor markets. Then an optimal control...
Persistent link: https://www.econbiz.de/10014145403
Harberger (1971) proposes that the consumer surplus should be used to measure the individual utility and the social welfare. "Since Harberger's paper, the limitation and pitfall of consumer's surplus have been demonstrated systematically and definitively by Chipman and Moore among many others"...
Persistent link: https://www.econbiz.de/10014145468