Haku
Viitteet 11-18 / 18
Win-Win? Assessing the global impact of the Chinese economy
(12.02.2020)
BOFIT Discussion Papers 4/2020
BOFIT Discussion Papers 4/2020
We study the global impact of the Chinese economy based on a novel indirect approach where the spillover effect is quantified from a forecast error model under relatively favorable identifying conditions. Findings from the ...
The internationalization of the RMB, capital market openness, and financial reforms in China
(12.02.2015)
BOFIT Discussion Papers 4/2015
BOFIT Discussion Papers 4/2015
This paper provides an overview of Chinese financial and trade integration in recent decades, and the challenges facing China in the coming years. China had been a prime example of export-led growth, benefiting from ...
Exchange rate fluctuations and the financial channel in emerging economies
(30.08.2021)
BOFIT Discussion Papers 11/2021
BOFIT Discussion Papers 11/2021
This paper assesses the financial channel of exchange rate fluctuations for emerging countries and the link to the conventional trade channel. We analyze whether the effective exchange rate affects GDP growth, the domestic ...
Corrupt bureaucrats, bad managers, and the slow race between education and technology
(26.09.2016)
BOFIT Discussion Papers 12/2016
BOFIT Discussion Papers 12/2016
We study a developing economy in which the representative firm’s production function exhibits complementarities between human capital and the available level of technology. The firm invests in the acquisition of new ...
Bank profitability and economic growth
(02.07.2018)
BOFIT Discussion Papers 15/2018
BOFIT Discussion Papers 15/2018
This paper analyses the effect of bank profitability on economic growth. While policymakers have shown major concerns for low levels of bank profitability, there are no empirical studies on the growth effects of bank ...
Credit and fiscal multipliers in China
(28.02.2019)
BOFIT Discussion Papers 5/2019
BOFIT Discussion Papers 5/2019
We estimate credit and fiscal multipliers in China, using subnational political cycles as a source of exogenous variation. The tenure of the provincial party secretary, interacted with the credit and fiscal expenditure ...
What 31 provinces reveal about growth in China
(28.01.2021)
BOFIT Discussion Papers 1/2021
BOFIT Discussion Papers 1/2021
It is important to understand the growth process under way in China. However, analyses of Chinese growth became increasingly more difficult after the real GDP doubling target was announced in 2012 and the official real ...
Where has all the dynamism gone? : Productivity growth in China’s manufacturing sector, 1998-2013
(30.11.2023)
BOFIT Discussion Papers 6/2023
BOFIT Discussion Papers 6/2023
China’s manufacturing sector has been a key source of the economy’s dynamism. Analysis after 2007 however is hampered by problems in the key data source for empirical analysis, the National Bureau of Statistics’ (NBS) ...