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This paper argues that relative exchange rates between the host countries of foreign direct investment affect their competition for FDI. Specifically, if the host country currency appreciates against the source country's currency more than that of its rival, FDI inflows of the host country will...
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This paper investigates the changing roles played by liquidity constraint and uncertainty in accounting for the dynamism of Chinese household consumption behaviour. Starting from the Euler equation-based model of Robert Hall, a framework encompassing an array of consumption models is developed...
Persistent link: https://www.econbiz.de/10005505633
The purpose of this study is to investigate a causal relationship among five different indices of shares issued by Chinese firms, A-, B- and H-shares listed in China and Hong Kong. This article re-examines the interactions among these China-related stocks using daily time series data by...
Persistent link: https://www.econbiz.de/10005485318
Changes in inequality as measured by the Gini index are decomposed into structural effects, real inequality effects and interactive effects. In light of such a decomposition, a refined version of the Kuznets hypothesis is proposed.
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Using a hypbrid transport model, this paper examines feegrain trade flows among regions in China and possible responses to likely price falls on China's accession to the WTO.
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