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Student Effort and Parent Attitude on Education Attainment: Evidence from Multi-year Survey in Gansu, China
by Ridge Zhong-yuan Ren Abstract This paper explores whether student effort and parent attitudes have varying effects at different stages of a student’s life in terms of educational attainment and job outcomes. With survey data in Gansu, China, a largely rural province in Northwest China that lags behind the rest of China in education, this […]
Investigating the Impact of Chinese Financing on Productivity in the African Continent
By Kedest Mathewos Given that productivity is a key component of long-term economic growth and that China has become an important source of external financing in Africa, this study aims to investigate the impact of Chinese foreign direct investment and government-to-government loans on productivity. Using a panel of the top fourteen African recipients of […]
Deciphering Chinese Financing To African Countries
By Gwen Geng The paper considers what attracts Chinese aid and Chinese investment to African countries and what kinds of Chinese financing projects are more likely to have unrevealed financing amount. The main database used is AidData: China’s Official Finance to Africa 2000-2012. It contains 2356 Chinese financing projects to 50 African countries. The results […]
Government Allocation of Import Quota Slots to US Films in China’s Cinematic Movie Market
By Sabrina McCutchan The Chinese government implements a complex regulatory system to decrease the market share of imported Hollywood films for theatrical release. The import quota, censorship, and competitive release-scheduling policies in particular severely limit Hollywood’s access to the Chinese market. However, because the government has a monopoly on film distribution and receives nearly half […]
Taming the Dragon: The Modernization of the Chinese Equity Markets and its Effects on IPO Underpricing
By William Benesh The extreme underpricing of Chinese Initial Public Offerings in the early days of the Chinese equity markets was reduced by several reforms instituted by the Chinese government from around 2000 to 2002. These reforms reduced 1-day returns on IPOs from 295% to 72%. The reforms reduced IPO underpricing by decreasing the inequality […]
Measuring Capital Mobility in China: 1999 – 2005
by Huanjie Wang Abstract This paper examines the level of capital mobility in China during Jan. 1999 to Apr. 2006 by estimating the covered interest rate differentials during this time period. This study was made possible by data from the fairly newly established offshore RMB Nondeliverable Forward market. It concludes that China had not been […]
