Domestic Value Added and Employment Generated by Chinese Exports: A Quantitative Estimation (2008)
Chen, Xikang, Cheng, Leonard, Fung, K.C., Lau, Lawrence J., Sung, YunWing, Yang, C., ...
We develop an input-output methodology to estimate how Chinese exports affect the country’s total domestic value added (DVA) and employment for 1995 and 2002. Total DVA generated by exports is...
Fung, K.C., García-Herrero, Alicia, Lizaka, Hitomi, Siu, Alan
In this paper, we examine empirically whether hard infrastructure, in the form of more highways and railroads, or soft infrastructure, in the form of more market oriented institutions through deeper...
Chantasasawat, Busakorn, Fung, K. C., Iizaka, Hitomi
Is China taking direct investments away from other Asian economies? Theoretically, a growing China can add to other countries' direct investments by creating more opportunities for...
In this paper I discuss six special features of China's trade and direct investment. These characteristics include an extensive role played by foreign-invested firms, a large percentage of re-exports...
In this paper I discuss six special features of China's trade and direct investment. These characteristics include an extensive role played by foreign-invested firms, a large percentage of re-exports...
FDI Flows to Latin America, East and Southeast Asia and China: Substitutes or Complements? (2005)
Chantasasawat, Busakorn, Fung, K. C., Iizaka, Hitomi, Siu, Alan
China in recent years has emerged as the largest recipient of foreign direct investment (FDI) in the world. Many analysts and government officials in the developing world have increasingly expressed...
FDI Flows to Latin America, East and Southeast Asia and China: Substitutes or Complements? (2005)
Chantasasawat, Busakorn, Fung, K. C., Iizaka, Hitomi, Siu, Alan
China in recent years has emerged as the largest recipient of foreign direct investment (FDI) in the world. Many analysts and government officials in the developing world have increasingly expressed...
Fung, K. C., Garcia-Herrero, Alicia, Iizaka, Hitomi, Siu, Alan
In this paper, we examine whether hard infrastructure in the form of more highways and railroads or soft infrastructure in the form of more transparent institutions and deeper reforms lead to more...
Fung, K. C., Garcia-Herrero, Alicia, Iizaka, Hitomi, Siu, Alan
In this paper, we examine whether hard infrastructure in the form of more highways and railroads or soft infrastructure in the form of more transparent institutions and deeper reforms lead to more...
Chantasasawat, Busakorn, Fung, K. C., Iizaka, Hitomi, Siu, Alan
Is China taking direct investments away from other Asian economies? Theoretically, a growing China can add to other countries' direct investments by creating more opportunities for...
European Economic Integration and the Effectiveness of Employment Policies (2003)
Fung, K. C., Lin, Chelsea C., Maechler, Andrea M.
This paper examines the qualitative impact and the degree of effectiveness of several labor market policies when domestic union's wage response and economic integration are explicitly taken into...
A Software Science Analyzer for COBOL. Revision. (1998)
Fung,K. C., Debnath,N. C., Zweben,S. H.
An analyzer of COBOL programs which computes the metrics from software science is described. The report discusses the overall design of the analyzer, including detailed descriptions of each of its...
Trade Liberalization and Trade Adjustment Assistance
We explore the relationship between trade adjustment subsidies and successful reciprocal trade liberalization. We consider economies that are faced with a periodic need to move resources out of a...
Can competition policy control"301"?
Finger, J. Michael, Fung, K.C.
Should fair trade rules be replaced by national or international competition rules? A familiar argument for doing so is that more rigorously enforced competition standards might eliminate the basis...
Multilateral Trade Negotiations in the GATT and the WTO: Lessons for Asia
K. C. Fung, Hitomi Iizaka, Chelsea Lin, Francis Ng
This paper aims to help Asian trade negotiators by examining the processes and results of the Uruguay Round. Analysts argue that trade negotiations are based on mercantilistic rules. But the actual...
The Giant Sucking Sound: Is China Diverting Foreign Direct Investment from Other Asian Economies?
Busakorn Chantasasawat, K. C. Fung, Hitomi Iizaka, Alan Siu
This paper attempts to determine empirically whether China is taking foreign direct investment (FDI) away from other Asian economies (the "China effect"). A random-effects simultaneous equation...
K. C. Fung, Alicia García-Herrero, Hitomi Iizaka, Alan Siu
In this paper, we examine empirically whether hard infrastructure, in the form of more highways and railroads, or soft infrastructure, in the form of more market oriented institutions through deeper...
Integration of markets vs. integration by agreements
Aminian, Nathalie, Fung, K.C., Ng, Francis
This paper provides an analysis of the two channels of regional integration: integration via markets and integration via agreements. Given that East Asia and Latin America are two fertile regions...
Economic Integration as Competitive Discipline.
This paper reexamines the standard notion that economic integration will promote competition. Using an illustrative model, it is shown that integration will indeed enhance competition if the foreign...
Will GATT enforcement control antidumping?
Finger, J. Michael, Fung, K.C.
The authors try to gauge why the GATT dispute settlement process has, to date, been so ineffective in disciplining the use of antidumping measures. Focusing on the five cases in which panels have...
Japanese and US Trade with China: A Comparative Analysis.
The paper provides a simple comparative analysis of Japanese and U.S. trade with China. In recent years, Japanese exports to China had been growing faster than U.S. exports, but Japanese imports from...
ADJUSTED ESTIMATES OF UNITED STATES-CHINA BILATERAL TRADE BALANCES: AN UPDATE
K.C. Fung, LawrenceJ. Lau, Yanyan Xiong
Large differences exist between the official United States and Chinese data on trade balances between the two countries. In this paper, four adjustments are made to the export and import data of the...
How Labour Markets affect Trade Policies and Trade: The Case of the Foreign Labour Union
This paper highlights the point that the presence of a foreign union affects significantly the characterization of domestic trade policies, and thus, trade. Specifically, both the objective functions...
Foreign Direct Investment, Intra-Regional Trade and Production Sharing in East Asia
Nathalie AMINIAN, K. C. FUNG, IIZAKA Hitomi
The aim of this paper is twofold. First, it examines the trend and nature of East Asian trade. The United Nations BEC classification is utilized to categorize total trade into trade in semi-finished...
POLITICAL ECONOMY OF SERVICE TRADE LIBERALIZATION AND THE DOHA ROUND*
In this paper we examine political economic issues of service trade liberalization of a developing country in the context of the Doha Round negotiations. We first discuss the various unique...
Collusive Intra-industry Trade.
This paper examines the phenomenon of intraindustry trade under the condition of firm collusion. It is shown that with homogeneous goods, no collusive intraindustry trade can occur. But if the...
Rent Shifting and Rent Sharing: A Re-examination of the Strategic Industrial Policy Problem.
This paper reexamines the market structure problem in the strategic trade policy literature. It is shown that rent sharing between the home union and the home firms raises total home industry rents...
Trade Liberalization and Trade Adjustment Assistance
We explore the relationship between trade adjustment subsidies and successful reciprocal trade liberalization. We consider economies that are faced with a periodic need to move resources out of a...
trade policy ; domestic consumption ; industry
STRATEGIC TRADE POLICIES, DIFFERENTIATED DUOPOLY AND INTRA-INDUSTRY TRADE
This paper examines the economic effects of various trade policies in a Brander-Krugman style model of intra-industry trade. The policies considered include tariffs, production subsidies, consumption...
Tariffs, Quotas, and International Oligopoly.
This paper compares the effects of tariffs and quotas in the presence of quantity-setting international duopolists. With the Cournot-Nash case, a tariff is equivalent to a quota; but with the...
Trade liberalization and the environment: The case of intra-industry trade
While a large body of literature examines the environmental impact of trade on the environment, this discussion focuses largely on the context of inter-industry trade. Empirical evidence has long...
Fung, K.C., Korhonen, Iikka, Li, Ke, Ng, Francis
China has emerged as one of the world's leading recipients of foreign direct investment (FDI). Meanwhile, the successful transition experience of many Central and Eastern European countries (CEECs)...
Fung , K.C., Korhonen, Iikka, Li, Ke, Ng, Francis
China has emerged as one of the top recipients of foreign direct investment in the world. Meanwhile, the successful transition experience of many Central and Eastern European countries has also...
Accounting for Chinese Trade: Some National and Regional Considerations
China's trade has three features: high incidence of re-exports through Hong Kong, high degree of trade related to foreign investment, and large amount of `illegal' trade. Re-exports occur when...
Busakorn Chantasasawat, K.C. Fung, Hitomi Iizaka, Alan Siu
Purpose – The purpose of this paper is to examine whether multinational corporations moving into China have a negative impact on the extent of foreign firms moving into other developing countries...
How vertically specialized is Chinese trade?
Dean, Judith, Fung , K.C., Wang, Zhi
Two recent phenomena have transformed the nature of world trade: the explosive growth of Chinese trade, and the growth of vertically specialized trade due to international production fragmentation....
Domestic Value Added and Employment Generated by Chinese Exports: A Quantitative Estimation
Chen, Xikang, Cheng, Leonard, Fung, K.C., Lau, Lawrence J., Sung, YunWing, Yang, C., ...
We develop an input-output methodology to estimate how Chinese exports affect the country’s total domestic value added (DVA) and employment for 1995 and 2002. Total DVA generated by exports is...
The Political Economy of Strategic Trade Policies *
K. C. Fung, Chelsea C. Lin, Ray-Yun Chang
This paper applies Grossman and Helpman's (1994) common agency model to investigate the formation of strategic export subsidy and strategic import tariff under both Cournot competition and Bertrand...