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ID: 069041

China's exports, subsidies to state owned enterpises and the wt / Eckaus, Richard S

Eckaus, Richard S	Journal Article
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Publication

2006.

Key Words

WTO ; World trade organization ; China Export

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ID: 131955

Forced saving in China / Eckaus, Richard S

Eckaus, Richard S	Journal Article
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Publication

2014.

Summary/Abstract

The explanation offered here for the high rates of saving in China is that much of the saving has been "forced" in two Benthamite senses. Involuntary saving, the first of Bentham's meanings, includes taxes which finance investment. These have made up more than half of the total savings in China in recent years. There is also forced saving in China in the form of Bentham's second sense, conduced saving, resulting from bank loans which have financed investment. While the existence of a savings glut has been suggested for China, a better characterization would be that it has had a high rate of investment.

Key Words

Economic Development ; Investment ; China ; Growth ; Saving ; Economic Empowerment ;
Forced Saving ; Involuntary Saving ; Conduced Saving ; Savings Glut ; Financial Investment ; Bentham's Sense ;
Bank Loan

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ID: 084740

Inquiry into the determinants of the exports of China and India / Eckaus, Richard S

Eckaus, Richard S	Journal Article
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Publication

2008.

Summary/Abstract

Regression analysis is used to tease out the relative significance of influences on the supply and demand for the exports of China and India. On the supply side, the value-added tax in China has discouraged export supply. The elimination of the rebate on those taxes will discourage exports. Higher wages discourage exports, but the share of exports by foreign invested enterprise is a positive influence, as is a higher share of value added in output and greater experience in exporting. On the demand side, exports depend in part on aggregate income levels in importing countries. Relative wages have been more important than exchange rates in determining the demands for Chinese and Indian exports. This evidence does not support the pressures for a devaluation of the RMB. There is also evidence of the positive significance of the accustomization of purchasers to buying Chinese exports.

Key Words

China's Exchange Rate ; China's Exports ; India's Exports ; Value - Added Tax

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