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- W2269436791 abstract "This thesis analyses China’s export-share policy; a policy that requires foreign-invested firms to export a certain minimum share of their production. The initial discussion focuses on the development of China’s foreign investment and foreign exchange control policies since the commencement of the Open Door Policy. Data on foreign-invested firms is analysed to determine whether (i) the export-share requirements affect investor behaviour, and (ii) the pattern of requirements has changed over time. The effect of export-share requirements on domestic welfare, foreign investment, and the level of foreign reserves are then examined within a partial equilibrium framework based on Herander and Thomas (1986). A more extensive general equilibrium analysis is then undertaken within a model that extends and unifies the analyses of Rodrik (1987) and Chao and Yu (1991, 1992, 1994). Urban unemployment is modelled using the framework of rural-urban migration proposed by Harris and Todaro (1970). The effect on welfare, foreign investment, and foreign reserves are analysed under both quota and tariff protection for the importable sector.Finally, the results of the theoretical analysis are applied to the earlier discussion on China’s foreign investment and foreign exchange control policies. It is found that the various policy goals pursued by China have conflicting optimal export-share requirements and, even though many of the theoretical results are ambiguous, the export-share policy implemented by China is likely to be non-optimal." @default.
- W2269436791 created "2016-06-24" @default.
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- W2269436791 date "1994-01-01" @default.
- W2269436791 modified "2023-09-26" @default.
- W2269436791 title "An Investigation into China's Export-Share Policy for Foreign-Invested Firms" @default.
- W2269436791 doi "https://doi.org/10.2139/ssrn.2715200" @default.
- W2269436791 hasPublicationYear "1994" @default.
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