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Following the 1978 economic reforms, China gradually became first amongst developing countries and the second in the … capital return and brisk economic development made China one of the best destinations for foreign capital; however, the …-income and poor economic performing provinces in China although poverty is mainly concentrated in the inland regions. Since the …
Persistent link: https://www.econbiz.de/10012006056
This paper uses a firm level multi-industry data set covering 456 Chinese manufacturing sectors to assess the implications of Renminbi (RMB) real exchange rate appreciation for adjustments in employment and wage rates. We stress differences in both industry and firm characteristics within...
Persistent link: https://www.econbiz.de/10013118843
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This paper uses a firm level multi-industry data set covering 456 Chinese manufacturing sectors to assess the implications of Renminbi (RMB) real exchange rate appreciation for adjustments in employment and wage rates. We stress differences in both industry and firm characteristics within...
Persistent link: https://www.econbiz.de/10012461093
In this era of globalization how do we explain the "home bias" unexpectedly large distance effects, and lagged adjustment patterns visible in international exchange? In this paper, I argue that in the real world, the identity and reliability of potential exchange partners are seldom the data...
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Globalization has affected business cycle developments in OECD countries and has increased activities of firms across national borders. This paper analyzes whether these two developments are linked. We use a new firm-level dataset on the foreign activities of German firms to test whether foreign...
Persistent link: https://www.econbiz.de/10003029397