Showing 1 - 10 of 1,312
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 reading of China's economic development over the past 35 years raises two …
Persistent link: https://www.econbiz.de/10012459015
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/10012459845
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/10012469401
This chapter (to appear in the forthcoming Handbook of International Economics, Vol. 5) develops a framework with which to interpret and survey answers to the question: how does increased openness affect aggregate welfare in a typical developing country? We decompose answers into four...
Persistent link: https://www.econbiz.de/10012629534
China. First, China has a comparative advantage in this technology. It is substantially more likely to export surveillance … democracies are more likely to import surveillance AI from China. This bias is not observed in AI imports from the US or in … imports of other frontier technologies from China. Third, autocracies and weak democracies are especially more likely to …
Persistent link: https://www.econbiz.de/10014372433
We analyze the impact of China's growth on the exports of other Asian countries. Our innovation is to distinguish the … increase in China's demand for imports from its increased penetration of export markets. Using the gravity model, we … disaggregate among commodity types and account for the endogeneity of Chinese exports. We confirm the tendency for China's exports …
Persistent link: https://www.econbiz.de/10012467922
increasing import penetration, China's entry into the WTO, and growing US multinational employment abroad. We find significant … between industry and occupational analyses. While other research has focused primarily on China's trade, we find that … offshoring to China has also contributed to wage declines among US workers. However, the role of trade is quantitatively much …
Persistent link: https://www.econbiz.de/10012457641
We find that Chinese trade flows respond to economic activity and relative prices - as represented by a trade weighted exchange rate - but the relationships are not always precisely or robustly estimated. Chinese exports are generally well-behaved, rising with foreign GDP and decreasing as the...
Persistent link: https://www.econbiz.de/10012460784
In this paper, we provide aggregate trends in China's trade performance from the 1840s to the present. Based on … historical benchmarks, we argue that China's recent gains are not exclusively due to the reforms since 1978. Rather, foreign …, Shanghai already accounted for more than half of China's foreign trade. In tracking the levels and growth rates of the city …
Persistent link: https://www.econbiz.de/10012460905
cross-provincial variation in institutional quality in China, and export data that distinguishes between foreign and …
Persistent link: https://www.econbiz.de/10012460929