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Persistent link: https://www.econbiz.de/10012661371
This paper argues that global value chains (GVCs) have functioned as a vehicle for “Made in China” products to enter international markets, especially the markets of high income countries. It identifies three spillover effects to Chinese firms participating in GVCs: brands, distribution...
Persistent link: https://www.econbiz.de/10013013442
Introduction -- Overview: China's Export Miracle, 1980- -- GVCs: The Catalyst of China's Explosive Growth -- The China-US Trade Imbalance from the GVC Perspective -- Diminished Impact of the Yuan Exchange Rate on Trade Balances -- A Supportive Policy Environment: The Key to China's GVC Entry --...
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We model the production allocation choices of a multinational enterprise (MNE) in a three-country framework - one northern country and two southern ones. Products made in the South are of lower quality than those made in the North. Substitutability between goods differs due to variations in...
Persistent link: https://www.econbiz.de/10014061586
This paper examines the distributional impact of globalization on the poor in urban China. Employing the kernel density estimation technique, we recovered from irregularly grouped household survey data the income distributions of 29 Chinese provinces for 1988–2001. Panels of the income shares...
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China's recent accession to the WTO is expected to accelerate its integration into the world economy, which aggravates concerns over the impact of globalization on the already rising inter-region income inequality in China. This paper discusses China's globalization process and estimates an...
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