This paper seeks to address the causes of global imbalances through the macroeconomic perspectives of elasticity and savings-investment theories. We concentrate on the US-China bilateral trade relations by investigating the determinants of the US-China bilateral trade balance and their respective current account balances. Using the error correction model, we found that relative income growth rates and investment are the more influential elements in contributing to the trade imbalance. The Unit Labour Cost (ULC) is introduced as a form of cost competitiveness under the elasticity approach, and our findings showed that it is a significant factor.Bachelor of Art
This paper explores the emergence of large current account imbalances in a few large countries, the ...
his chapter provides an alternative approach to the traditional analysis of the problem of internati...
I am grateful to the Asian Economic Panel for insightful comments on an earlier draft; and to Gary B...
This paper seeks to address the causes of global imbalances through the macroeconomic perspectives o...
Chinese economy and foreign trade imbalances The paper analyses current global imbalances in interna...
This paper aims to highlight the trade imbalance between United States and China based on the analys...
The pattern of trade between the United States and China has dramatically changed during the past 15...
China's huge trade surplus has attracted much interest around the globe from people of different wal...
We analyze the global imbalances and the required adjustments for rebalancing in current accounts an...
In recent years, China has experienced two forms of extreme macroeconomic imbalance: an expenditure ...
This paper explores the causes of the transpacific trade imbalances using an empirical global model....
This paper analyzes the direct cause of China–United States trade war, a trade imbalance between Chi...
AbstractAlthough there have been surplus and deficit nations in the world for some decades, the 2008...
Ricardian dynamic general equilibrium analyses show that under free trade arrangements a low income ...
Japan, China, and the United States have been the major players in the global balance of payments im...
This paper explores the emergence of large current account imbalances in a few large countries, the ...
his chapter provides an alternative approach to the traditional analysis of the problem of internati...
I am grateful to the Asian Economic Panel for insightful comments on an earlier draft; and to Gary B...
This paper seeks to address the causes of global imbalances through the macroeconomic perspectives o...
Chinese economy and foreign trade imbalances The paper analyses current global imbalances in interna...
This paper aims to highlight the trade imbalance between United States and China based on the analys...
The pattern of trade between the United States and China has dramatically changed during the past 15...
China's huge trade surplus has attracted much interest around the globe from people of different wal...
We analyze the global imbalances and the required adjustments for rebalancing in current accounts an...
In recent years, China has experienced two forms of extreme macroeconomic imbalance: an expenditure ...
This paper explores the causes of the transpacific trade imbalances using an empirical global model....
This paper analyzes the direct cause of China–United States trade war, a trade imbalance between Chi...
AbstractAlthough there have been surplus and deficit nations in the world for some decades, the 2008...
Ricardian dynamic general equilibrium analyses show that under free trade arrangements a low income ...
Japan, China, and the United States have been the major players in the global balance of payments im...
This paper explores the emergence of large current account imbalances in a few large countries, the ...
his chapter provides an alternative approach to the traditional analysis of the problem of internati...
I am grateful to the Asian Economic Panel for insightful comments on an earlier draft; and to Gary B...