Is China "exporting Deflation"?

Download Is China

Author :
Publisher :
ISBN 13 :
Total Pages : 78 pages
Book Rating : 4.3/5 (121 download)

DOWNLOAD NOW!


Book Synopsis Is China "exporting Deflation"? by : Steven Kamin

Download or read book Is China "exporting Deflation"? written by Steven Kamin and published by . This book was released on 2004 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Is China Exporting Deflation?

Download Is China Exporting Deflation? PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 118 pages
Book Rating : 4.:/5 (225 download)

DOWNLOAD NOW!


Book Synopsis Is China Exporting Deflation? by : Han Yuwei

Download or read book Is China Exporting Deflation? written by Han Yuwei and published by . This book was released on 2003 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Exporting Deflation?

Download Exporting Deflation? PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (226 download)

DOWNLOAD NOW!


Book Synopsis Exporting Deflation? by : David E. Weinstein

Download or read book Exporting Deflation? written by David E. Weinstein and published by . This book was released on 2008 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a period of deflation. We show that much of the correlation between import prices and domestic prices was due to formula biases. Had the IPI been computed using a pure Laspeyres index like the CPI, the IPI would have hardly moved at all. A Laspeyres version of the IPI would have risen 1 percentage point per year faster than the official index. Second we show that Chinese prices did not behave differently from the prices of other importers. Although Chinese prices are substantially lower than the prices of other exporters, they do not exhibit a differential trend. However, we estimate that the typical price per unit quality of a Chinese exporter fell by half between 1992 and 2005. Thus the explosive growth in Chinese exports is attributable to growth in the quality of Chinese exports and the increase in new products being exported by China.

Exporting Deflation?

Download Exporting Deflation? PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!


Book Synopsis Exporting Deflation? by : Christian Miguel Broda

Download or read book Exporting Deflation? written by Christian Miguel Broda and published by . This book was released on 2009 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1992 and 2002, the Japanese Import Price Index registered a decline of almost 9 percent and Japan entered a period of deflation. We show that much of the correlation between import prices and domestic prices was due to formula biases. Had the IPI been computed using a pure Laspeyres index like the CPI, the IPI would have hardly moved at all. A Laspeyres version of the IPI would have risen 1 percentage point per year faster than the official index. Second we show that Chinese prices did not behave differently from the prices of other importers. Although Chinese prices are substantially lower than the prices of other exporters, they do not exhibit a differential trend. However, we estimate that the typical price per unit quality of a Chinese exporter fell by half between 1992 and 2005. Thus the explosive growth in Chinese exports is attributable to growth in the quality of Chinese exports and the increase in new products being exported by China.

U.S., Not China, is Culprit of Global Deflation, Inflation

Download U.S., Not China, is Culprit of Global Deflation, Inflation PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis U.S., Not China, is Culprit of Global Deflation, Inflation by : Zihui Yang

Download or read book U.S., Not China, is Culprit of Global Deflation, Inflation written by Zihui Yang and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is an outcome of a comprehensive and systematic research on whether China exports deflation and inflation using the newly developed DAG technique. Our results indicate that in the international transmission of inflation, the United States as the world's largest economy plays a dominant role. In contrast, during both deflation and inflation periods, China has a minimal impact on the price levels of major trading partners. Thus China is not to be blamed for global deflation or inflation. This research has made use of DAG and some other techniques to yield reliable and reasonable conclusions.

Does Inflation in China Affect the United States and Japan?

Download Does Inflation in China Affect the United States and Japan? PDF Online Free

Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451862966
Total Pages : 31 pages
Book Rating : 4.8/5 (629 download)

DOWNLOAD NOW!


Book Synopsis Does Inflation in China Affect the United States and Japan? by : Luke Willard

Download or read book Does Inflation in China Affect the United States and Japan? written by Luke Willard and published by INTERNATIONAL MONETARY FUND. This book was released on 2006-02-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: With China's share in global trade increasing rapidly, some argued in 2002-03 that China was exporting deflation to other countries as it was dumping cheap goods in mature markets. Later, others argued that China was sucking in commodities and thus causing sharp increases in global prices. The theoretical literature so far has provided mixed conclusions regarding the strength of international transmission of inflation. This paper uses a number of econometric techniques to assess the extent of the link between inflation rates between China and the United States and Japan. It finds only limited empirical evidence at the aggregate level for consumer price inflation in China leading to price changes in the United States and Japan. However, it finds some evidence that inflation in the United States has an impact on Chinese inflation, consistent with the literature that argues that inflation is propagated from the reserve currency economy to other economies. In either case, the impact is short lived. At a more disaggregate level, there appears to be stronger sector-specific linkages between prices in China and in the United States and Japan, both for food and at the household level for manufactured goods.

China's Growing Role in World Trade

Download China's Growing Role in World Trade PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226239721
Total Pages : 603 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!


Book Synopsis China's Growing Role in World Trade by : Robert C. Feenstra

Download or read book China's Growing Role in World Trade written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2010-03-10 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

Globalisation And Economic Growth In China

Download Globalisation And Economic Growth In China PDF Online Free

Author :
Publisher : World Scientific
ISBN 13 : 9814477621
Total Pages : 299 pages
Book Rating : 4.8/5 (144 download)

DOWNLOAD NOW!


Book Synopsis Globalisation And Economic Growth In China by : Linda Y Yueh

Download or read book Globalisation And Economic Growth In China written by Linda Y Yueh and published by World Scientific. This book was released on 2006-11-29 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 26 years since market-oriented reforms were introduced, China has emerged onto the world stage as a major economic presence, particularly since her accession to the World Trade Organisation in 2001.This book is a collection of papers on the effects of globalisation on China's growth prospects and of China's growth on the wider economy. The issues explored include the sustainability of China's continuing economic reform and the necessary reforms to sustain that growth; the considerable effects of her integration into the global economy and its implications for the conduct of Chinese economic policies, including the exchange rate regime; and the influence of China on the regional and world economy. China's competitiveness in exports has also begun to challenge the market share of developing and developed economies; this role in promoting intra-regional trade is also explored.

The Chinese Economy

Download The Chinese Economy PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262640643
Total Pages : 545 pages
Book Rating : 4.2/5 (626 download)

DOWNLOAD NOW!


Book Synopsis The Chinese Economy by : Barry Naughton

Download or read book The Chinese Economy written by Barry Naughton and published by MIT Press. This book was released on 2007 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most comprehensive English-language overview of the modern Chinese economy, covering China's economic development since 1949 and post-1978 reforms--from industrial change and agricultural organization to science and technology.

Development Centre Studies Chinese Economic Performance in the Long Run

Download Development Centre Studies Chinese Economic Performance in the Long Run PDF Online Free

Author :
Publisher : OECD Publishing
ISBN 13 : 9264163557
Total Pages : 196 pages
Book Rating : 4.2/5 (641 download)

DOWNLOAD NOW!


Book Synopsis Development Centre Studies Chinese Economic Performance in the Long Run by : Maddison Angus

Download or read book Development Centre Studies Chinese Economic Performance in the Long Run written by Maddison Angus and published by OECD Publishing. This book was released on 1998-09-25 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.

China's Growth and Integration Into the World Economy

Download China's Growth and Integration Into the World Economy PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.:/5 (321 download)

DOWNLOAD NOW!


Book Synopsis China's Growth and Integration Into the World Economy by : Eswar Prasad

Download or read book China's Growth and Integration Into the World Economy written by Eswar Prasad and published by International Monetary Fund. This book was released on 2004-06-17 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s macroeconomy and economic structure. It also surveys the main policy challenges that will need to be addressed for China to maintain sustained high growth and continued global integration.

Global History and New Polycentric Approaches

Download Global History and New Polycentric Approaches PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9811040532
Total Pages : 353 pages
Book Rating : 4.8/5 (11 download)

DOWNLOAD NOW!


Book Synopsis Global History and New Polycentric Approaches by : Manuel Perez Garcia

Download or read book Global History and New Polycentric Approaches written by Manuel Perez Garcia and published by Springer. This book was released on 2017-12-06 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. Rethinking the ways global history is envisioned and conceptualized in diverse countries such as China, Japan, Mexico or Spain, this collections considers how global issues are connected with our local and national communities. It examines how the discipline had evolved in various historiographies, from Anglo Saxon to southern European, and its emergence in Asia with the rapid development of the Chinese economy motivation to legitimate the current uniqueness of the history and economy of the nation. It contributes to the revitalization of the field of global history in Chinese historiography, which have been dominated by national narratives and promotes a debate to open new venues in which important features such as scholarly mobility, diversity and internationalization are firmly rooted, putting aside national specificities. Dealing with new approaches on the use of empirical data by framing the proper questions and hypotheses and connecting western and eastern sources, this text opens a new forum of discussion on how global history has penetrated in western and eastern historiographies, moving the pivotal axis of analysis from national perspectives to open new venues of global history.

The Anatomy of China's Export Growth

Download The Anatomy of China's Export Growth PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 29 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!


Book Synopsis The Anatomy of China's Export Growth by : Mary Amiti

Download or read book The Anatomy of China's Export Growth written by Mary Amiti and published by World Bank Publications. This book was released on 2008 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Decomposing China's real export growth, of over 500 percent since 1992, reveals a number of interesting findings. First, China's export structure changed dramatically, with growing export shares in electronics and machinery and a decline in agriculture and apparel. Second, despite the shift into these more sophisticated products, the skill content of China's manufacturing exports remained unchanged, once processing trade is excluded. Third, export growth was accompanied by increasing specialization and was mainly accounted for by high export growth of existing products (the intensive margin) rather than in new varieties (the extensive margin). Fourth, consistent with an increased world supply of existing varieties, China's export prices to the United States fell by an average of 1.5 percent per year between 1997 and 2005, while export prices of these products from the rest of the world to the United States increased by 0.4 percent annually over the same period.

Japan's Policy Trap

Download Japan's Policy Trap PDF Online Free

Author :
Publisher : Rowman & Littlefield
ISBN 13 : 0815798768
Total Pages : 314 pages
Book Rating : 4.8/5 (157 download)

DOWNLOAD NOW!


Book Synopsis Japan's Policy Trap by : Akio Mikuni

Download or read book Japan's Policy Trap written by Akio Mikuni and published by Rowman & Littlefield. This book was released on 2004-05-13 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Until quite recently, the Japanese inspired a kind of puzzled awe. They had pulled themselves together from the ruin of war, built at breakneck speed a formidable array of export champions, and emerged as the world's number-two economy and largest net creditor nation. And they did it by flouting every rule of economic orthodoxy. But today only the puzzlement remains—at Japan's inability to arrest its economic decline, at its festering banking crisis, and at the dithering of its policymakers. Why can't the Japanese government find the political will to fix the country's problems? Japan's Policy Trap offers a provocative new analysis of the country's protracted economic stagnation. Japanese insider Akio Mikuni and long-term Japan resident R. Taggart Murphy contend that the country has landed in a policy trap that defies easy solution. The authors, who have together spent decades at the heart of Japanese finance, expose the deep-rooted political arrangements that have distorted Japan's monetary policy in a deflationary direction. They link Japan's economic difficulties to the Achilles' heel of the U.S. economy: the U.S. trade and current accounts deficits. For the last twenty years, Japan's dollar-denominated trade surplus has outstripped official reserves and currency in circulation. These huge accumulated surpluses have long exercised a growing and perverse influence on monetary policy, forcing Japan's authorities to support a build-up of deflationary dollars. Mikuni and Murphy trace the origins of Japan's policy trap far back into history, in the measures taken by Japan's officials to preserve their economic independence in what they saw as a hostile world. Mobilizing every resource to accumulate precious dollars, the authorities eventually found themselves coping with a hoard they could neither use nor exchange. To counteract the deflationary impact, Japanese authorities resorted to the creation of yen liabilities unrelated to production via the large

China's Economy Into The New Century: Structural Issues And Problems

Download China's Economy Into The New Century: Structural Issues And Problems PDF Online Free

Author :
Publisher : World Scientific
ISBN 13 : 981448976X
Total Pages : 468 pages
Book Rating : 4.8/5 (144 download)

DOWNLOAD NOW!


Book Synopsis China's Economy Into The New Century: Structural Issues And Problems by : Ding Lu

Download or read book China's Economy Into The New Century: Structural Issues And Problems written by Ding Lu and published by World Scientific. This book was released on 2002-07-18 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last two decades of the 20th century, China stood out as the world's star performer in economic growth, thanks to the market-oriented reform that started in 1978. At the turn of the century, the Chinese economy faces a series of challenges to sustain its growth and stability. The two-decade-long rapid growth has effectively strengthened China's economic power and raised its people's standard of living. It has also transformed China from a centrally planned command economy into a “socialist market economy”, which operates increasingly in line with capitalist norms. Major structural problems, however, remain and are growing acute. Weakness in the fiscal system breeds rent seeking at the local level and causes tension in the state budget. The flawed financial institutions and the biased ownership structure continue to distort resource allocation and cause huge efficiency losses. Inter-provincial and inter-regional disparity is reaching a level that threatens national unity and social stability. As China joins the World Trade Organization and becomes more integrated into the world economy, it urgently needs to improve the domestic business environment and to beef up indigenous industries for foreign competition.This volume is a collection of papers written by scholars at the East Asian Institute to address those problems during the period 1999-2001. The authors, with their knowledge and experience in China studies, provide in-depth observations and professional analyses of some of the most important issues for the Chinese economy at the turn of the century. Some of the observations and analyses lead to enlightening policy recommendations. The solid scholarship combined with the policy orientation of these papers will appeal greatly to researchers in academia, governments and other institutions. The policy-oriented and fact-based analyses will also be of interest to practitioners in business, including business consultants.

Deflation

Download Deflation PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589062272
Total Pages : 66 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis Deflation by : Mr.Taimur Baig

Download or read book Deflation written by Mr.Taimur Baig and published by International Monetary Fund. This book was released on 2003-06-30 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deflation can be costly and difficult to anticipate, and concerns of a generalized decline in prices in both industrial and emerging market economies have increased recently. This paper investigates the causes and consequences of deflation, the risk of deflation globally and in individual countries, and policy options. The authors discuss issues related to the measurement, determinants, and costs of deflation and examine previous episodes of deflation. They compute an index of deflation vulnerability, which they apply to the 35 largest industrial and emerging market economies. Finally, the paper offers several policy options for protecting against deflation and for coping with it should it strike.

Japan's Bubble, Deflation, and Long-term Stagnation

Download Japan's Bubble, Deflation, and Long-term Stagnation PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262014890
Total Pages : 435 pages
Book Rating : 4.2/5 (62 download)

DOWNLOAD NOW!


Book Synopsis Japan's Bubble, Deflation, and Long-term Stagnation by : Kōichi Hamada

Download or read book Japan's Bubble, Deflation, and Long-term Stagnation written by Kōichi Hamada and published by MIT Press. This book was released on 2011 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: New perspectives on Japan's "lost decade" viewed in the context of recent financial turmoil.