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China's Growing Economic Activity in Africa

Besada, Hany - 2008

Trade between the whole of Africa and China (imports and exports summed) grew from $10.6 billion to $73.3 billion … between 2000 and 2007, and between Sub-Saharan Africa and China from $7 billion to $59 billion over the same period. China is … now Africa's third largest trading partner behind the EU and the US. The Chinese FDI stock in Africa has grown from $49 …

Persistent link: https://www.econbiz.de/10012771826

Indirect Rule and State Weakness in Africa : Sierra Leone in Comparative Perspective

Acemoglu, Daron; Chaves, Isaias N.; Osafo-Kwaako, Philip; … - 2014

unwilling to provide basic public goods such as law enforcement, order, education and infrastructure. In Africa this is often … Leone. We also present a hypothesis as to why the extent to which indirect rule has persisted varies greatly within Africa …

Persistent link: https://www.econbiz.de/10013054513

Institutions Rule : The Primacy of Institutions Over Geography and Integration in Economic Development

Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - 2021

We estimate the respective contributions of institutions, geography, and trade in determining income levels around the world, using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions trumps' everything else. Once institutions are...

Persistent link: https://www.econbiz.de/10013224849

The Link between Fundamentals and Proximate Factors in Development

Keller, Wolfgang - 2013

The paper introduces a framework for studying the hierarchy of growth factors, from deep to more immediate. The specific setting we examine is 18th and 19th century Germany, when institutional changes introduced by reforms and transportation improvements converged to create city growth. We...

Persistent link: https://www.econbiz.de/10013086487

The Economics of China : Successes and Challenges

Fan, Shenggen - 2013

This paper is the first chapter in the Oxford Companion to the Economics of China (Oxford University Press, forthcoming). Rather than trying to summarize other contributors' views, we provide our own perspectives on the Economics of China--the past experience and the future prospects. Our...

Persistent link: https://www.econbiz.de/10013072868

Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, it and Productivity

Bloom, Nicholas - 2015

We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million firms over 1996-2007 across twelve European countries. We correct for endogeneity using the removal of product-specific quotas following China's entry into the World Trade...

Persistent link: https://www.econbiz.de/10013038317

The Aftermath of the 1992 Erm Breakup : Was There a Macroeconomic Free Lunch?

Gordon, Robert J. - 2021

This paper examines the macroeconomic aftermath of the 1992 breakdown of the European Exchange Rate Mechanism (ERM). The economic performance of six leaver' nations is compared with five stayer' nations that maintained a roughly fixed parity with the Deutsche Mark. Recent writing about...

Persistent link: https://www.econbiz.de/10013219692

Patterns of Skill Premia

Acemoglu, Daron - 2021

In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative supply of skills. An increase in the relative supply of...

Persistent link: https://www.econbiz.de/10013243426

Decomposing the Great Trade Collapse : Products, Prices, and Quantities in the 2008-2009 Crisis

Haddad, Mona - 2010

We identify a new set of stylized facts on the 2008-2009 trade collapse that we hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in international trade into product entry and exit, price...

Persistent link: https://www.econbiz.de/10013139522

Assessing the Effects of the Mfa/Atc from Us and World Trade Data after its Removal

Yao, Daqing - 2015

In this paper we assess the effects of the MFA/ATC using both world trade and US data after its removal. Previous literature assesses its effects while in operation. The trade data we analyze are consistent with theoretical predictions of more trade volumes, lower product prices, smaller effect...

Persistent link: https://www.econbiz.de/10013020701