Name: International Finance Discussion Papers: The Role of China in Asia: Engine, Conduit, or Steamroller (en Inglés)
Price: 35220.00 CLP
Availability: InStock
Author: Haltmaier, Jane T. ; United States Federal Reserve Board ; Et Al
ISBN: 9781288727438

portada International Finance Discussion Papers: The Role of China in Asia: Engine, Conduit, or Steamroller (en Inglés)

Formato

Libro Físico

Autor

United States Federal Reserve Board

Jane T. Haltmaier

Editorial

Bibliogov

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

24.6 x 18.9 x 0.4 cm

Peso

0.17 kg.

ISBN13

9781288727438

Categorías

Política y gobierno

International Finance Discussion Papers: The Role of China in Asia: Engine, Conduit, or Steamroller (en Inglés)

United States Federal Reserve Board (Autor) · Jane T. Haltmaier (Autor) · Bibliogov · Tapa Blanda

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Reseña del libro "International Finance Discussion Papers: The Role of China in Asia: Engine, Conduit, or Steamroller (en Inglés)"

This paper assesses China's role in Asia as an independent engine of growth, as a conduit of demand from the industrial countries, and as a competitor for export markets. We provide both macroeconomic and microeconomic evidence. The macroeconomic analysis focuses on the impact of U.S. and Chinese demand on the output of the Asian economies by estimating growth comovements and VARs. The results suggest an increasing role of China as an independent source of growth. The microeconomic analysis decomposes trade into basic products, parts and components, and finished goods. We find a large role for parts and components trade consistent with China playing an important and increasing role as a conduit. We also estimate some regressions that show that China's increasing presence in export markets has had a negative effect on exports of some products for some other Asian economies, but not for other products, including those of the important electronic high-technology industry.