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After joining the World Trade Organization (WTO), China witnessed a major inflow of Foreign Direct Investment (FDI). Many famous automobile firms of developed countries were attracted to invest in China to cooperate with domestic firms. This paper uses firm-level data of the Chinese automobile...
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Using a large dataset of over 100,000 Chinese firms created between 2000 and 2006, we explore whether there is a link between innovation effort (R&D) or innovation output (the share of innovative sales) and the firm's duration of survival. We estimate a complementary log-log model with...
Persistent link: https://www.econbiz.de/10010712215
In order to catch up with the technological frontier, firms, especially in developing countries, try to acquire technological advancement through internal R&D efforts as well as through external technology sourcing activities. This study tests the existence of a complementarity between in-house...
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We examine the behavior of the Chinese equity markets to determine whether the equity markets are efficient or not. A previously unexplored database provides the source for observing market behavior of the two principal equity markets in China. These markets have unique characteristics different...
Persistent link: https://www.econbiz.de/10015180069
"The ban on sales of ZTE, imposed by the US, made China feel the weight of a small chip. The ban is termed as a trade war. What is the truth behind this trade friction? Why did the Chinese microchip industry encounter such a predicament? What is the future of the microchip industry in China?...
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Estuaries and coastal seas play an important role in mitigating global warming due to their substantial storage of organic matters (OM) in sediments; and it is crucial to clarify the impact of relative sea level (RSL) changes on the efficiency and capacity of OM burial in coastal sediments in...
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