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This paper estimates the impact of China''s exchange rate changes on exports of competitor countries in third markets, which we call the ""spillover effect"". We use recent theory to develop an identification strategy in which competition between China and its developing country competitors in...
Persistent link: https://www.econbiz.de/10014396835
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During the post-globalization period, tariff imposition on manufacturing trade has a possible effect on the economy of developed and developing nations. Along with the volume and balance of trade, the study accounts for both export and import separately in order to observe their dynamisms under...
Persistent link: https://www.econbiz.de/10015087370
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Persistent link: https://www.econbiz.de/10009508971
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Until recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an aberration because it does not reflect one of the biggest shifts in the international economic and...
Persistent link: https://www.econbiz.de/10013117791
Against the backdrop of the recent financial crisis and the ongoing rapid changes in the world economy, the fate of the dollar as the premier international reserve currency is under scrutiny. This paper attempts to answer whether the Chinese renminbi will eclipse the dollar, what will be the...
Persistent link: https://www.econbiz.de/10013120543
This paper estimates the impact of China's exchange rate changes on exports of competitor countries in third markets, which we call the "spillover effect". We use recent theory to develop an identification strategy in which competition between China and its developing country competitors in...
Persistent link: https://www.econbiz.de/10013106742
This paper estimates the impact of China's exchange rate changes on exports of competitor countries in third markets, known as the “spillover effect.” Recent theory is used to develop an identification strategy in which competition between China and its developing country competitors in...
Persistent link: https://www.econbiz.de/10013109210