Showing 1 - 10 of 61
It is striking that by far the lion's share of empirical studies on the impact of outsourcing on firms considers industrialized countries. However, outsourcing by firms from emerging economies is far from negligible and growing. This paper investigates the link between outsourcing and innovation...
Persistent link: https://www.econbiz.de/10011084498
We study the determinants of stock market development and the growing migration of capital raising, listing and trading activity to international exchanges. Economies with higher income per capita, sounder macro policies, more efficient legal systems with better shareholder protection, and more...
Persistent link: https://www.econbiz.de/10005666902
The paper provides a simple theory and empirical evidence on the asymmetric effect of credit markets on output decline and output growth. When credit markets are underdeveloped and enterprise activity is financed outside the banking sector, exogenous shocks may induce a break-up of both credit...
Persistent link: https://www.econbiz.de/10005789097
This paper constructs a new measure of currency mismatch in the banking sector that controls for bank lending to unhedged borrowers. This measure explicitly takes into account the indirect exchange rate risk that banks undertake when they lend to borrowers that will not be able to repay in the...
Persistent link: https://www.econbiz.de/10008854496
worked in product and labour markets in China’s economic reform in practice. …
Persistent link: https://www.econbiz.de/10005504255
This Paper studies growth and inequality in China and India – two economies that account for a third of the world … countries. For personal income inequalities in a China-India universe, the forces assuming first-order importance are …
Persistent link: https://www.econbiz.de/10005498030
Performance-based promotion schemes in administrative hierarchies have limitations. Chinese provincial leaders, despite facing strong career concerns, make different policy decisions depending on their career backgrounds. Provincial party secretaries who rose from low to high positions within...
Persistent link: https://www.econbiz.de/10011165652
We use available methods for testing macro models to evaluate a model of China over the period from Deng Xiaoping …
Persistent link: https://www.econbiz.de/10011083573
If trade barriers are managed by inefficient institutions, trade liberalization can lead to greater-than-expected gains. We examine Chinese textile and clothing exports before and after the removal of externally imposed quotas. Both the surge in export volumes and the decline in prices after the...
Persistent link: https://www.econbiz.de/10011083645
In 2009, the United States imposed additional tariffs for a three-year period on imports of automotive tires from China … under a special-safeguard provision included in China’s Protocol of Accession to the WTO. China challenged the measure in … in which an accession protocol was used successfully as a defense; and the first that China lost as a complaining party …
Persistent link: https://www.econbiz.de/10011083656