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The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals … manufacturing trade, have gone further and that this is likely one of the key determinants of better economic performance of China …. Still, China's integration process so far remains characterized by a certain duality. On the one hand the opening up of …
Persistent link: https://www.econbiz.de/10011807627
Since the early 2000s German exports and net exports have grown persistently, generating huge current account surpluses. These surpluses have added to immense current account imbalances within and outside the European Monetary Union (EMU). Contributing to the economic policy debate of whether it...
Persistent link: https://www.econbiz.de/10011789034
As per the balance of payments constraint hypothesis, in an open economy, achieving a high long-run rate of growth would require a country to reduce its balance of payments constraint through an improved export performance, and the production of import substitutes, which would lower the income...
Persistent link: https://www.econbiz.de/10010288071
The aim of this study is to test the existence of balance of a payments constraint on the long run economic growth of the Turkish economy. The balance of payments constrained growth (BPCG) model which was developed by Thirlwall (1979) and extended by Thirlwall and Hussain (1982) is tested over...
Persistent link: https://www.econbiz.de/10010288100
This paper evaluates the global welfare impact of China's trade integration and technological change in a quantitative … balanced one in which China's productivity grows at the same rate in each sector, and an unbalanced one in which China … magnitude larger welfare gains when China's productivity growth is biased towards its comparative disadvantage sectors. We …
Persistent link: https://www.econbiz.de/10010352168
While China has been pivotal in discussions and academic research on global imbalances, little is known about … the regional level inside China. We follow up by identifying the drivers of this pattern using the methodology developed … catch-up parameters, we find an investment and a saving puzzle: regions that caught up relative to the rest of China seem to …
Persistent link: https://www.econbiz.de/10011282498
Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in … China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank … currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the …
Persistent link: https://www.econbiz.de/10011807635
to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …
Persistent link: https://www.econbiz.de/10010285339
Import competition from China is pervasive in the sense that for many good categories, the competitive environment that …
Persistent link: https://www.econbiz.de/10011430113
competitiveness in the region. The purpose of this paper is to examine the patterns of U.S. trade relationships with China and India …
Persistent link: https://www.econbiz.de/10011807626