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Our work contributes to the literature relating output structure and economic development by showing that growth gains from upgrading are not unconditional. Relying on data from a panel of Chinese cities, we show that the level of capabilities available to domestic _rms operating in ordinary...
Persistent link: https://www.econbiz.de/10010898392
country (China) over the period 1997-2009. We confirm Hausmann, Hwang and Rodrik (2007)'s prediction that regions that … contributors to the global upgrading of China's exports. This finding suggests that the contribution of assembly trade and foreign …
Persistent link: https://www.econbiz.de/10010775815
China is a big country in terms of biotech achievements. It is also a rare country demonstrating crop …
Persistent link: https://www.econbiz.de/10008793327
This article investigates the impact that the appreciation and the stability of the real exchange rate in China between … 1993 and 2001 have exerted on productivity growth. We give theoretical arguments explaining the impact of the real exchange … rate on productivity via its effects either on efficiency growth or on technical progress. Then for the twenty-nine Chinese …
Persistent link: https://www.econbiz.de/10008805933
Within a standard framework à la Arrow-Debreu, we investigate the dynamics emerging from the interactions of heterogeneous households and firms that are adaptive price setters and financially constrained. We show that depending on the stringency of the financial constraints the model can settle...
Persistent link: https://www.econbiz.de/10011025895
Larger firms are more likely to use tax haven operations to exploit international tax differences. We study a tax game between a large country and a tax haven modeling heterogenous monopolistic firms, which can shift profits abroad. We shows that a higher degree of firm heterogeneity (a...
Persistent link: https://www.econbiz.de/10008792939
We propose a general model of monopolistic competition and derive a complete characterization of the market equilibrium using the concept of Relative Love for Variety. When the RLV increases with individual consumption, the market generates pro-competitive effects. When it decreases, the market...
Persistent link: https://www.econbiz.de/10008839537
This paper examines how market-access strategies, via exports and FDI, respond to changes in the level of integration. Empirical evidence shows that both firm exports and multinational activity are affected by trade-liberalization episodes. We account for the strong positive correlation between...
Persistent link: https://www.econbiz.de/10010899561
The agreement recently signed between Morocco and the United States foresees several modalities in dismantling tariffs. Our simulations show that the various modalities of trade liberalization may have different impacts on the welfare, the rate of growth and the sectoral trade balance of these...
Persistent link: https://www.econbiz.de/10008789047
The agreement recently signed between Morocco and the United States foresees several modalities in dismantling tariffs. Our simulations show that the various modalities of trade liberalization may have different impacts on the welfare, the rate of growth and the sectoral trade balance of these...
Persistent link: https://www.econbiz.de/10008790791