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| Srl | Item |
| 1 |
ID:
170106
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| Summary/Abstract |
This paper analyzes the determinants of China's striking performance in textile exports in the time period 2001–2016. We integrate the analysis by Lall and Albaladejo (World Development, 2004), based only on China and its main Asian competitors' market share dynamics, by estimating an extended version of a traditional export function, derived from the imperfect substitute model, including a proxy of non-price competitiveness. The key long-run elasticities for each Asian exporter are thus computed and discussed in a panel-data framework, and the different export performances are examined taking into account the interaction between the estimated parameters and the growth rates of relative prices, foreign demand and product quality. Lastly, we decompose the textile export growth differences between China and its rivals into the three main channels of trade competition, i.e. price, quantity and quality. Our findings show that China is crowding out most of its rivals with a competitive strategy based on a mix of low and decreasing relative prices and non-price policies aiming at stimulating export volumes. However, certain weaknesses in the Chinese trade prospects emerge when quality improvement is considered.
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| 2 |
ID:
176767
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| Summary/Abstract |
Yes, they matter. To reply to this question, we assess the impact of energy efficiency and renewable energy policies on six different air pollutants: carbon dioxide (CO), methane (CH), nitrous oxides (NO), non-methane volatile organic compounds (NMVOCs), nitrogen oxides (NO) and sulfur dioxide (SO) in Italian provinces in the decade 2005–2015. The empirical analysis is performed in a panel data context by means of propensity score matching with multiple treatments, since our framework is characterized by the presence of two treatments, corresponding to the two different energy policies analyzed, i.e. energy efficiency policy and renewable policy. These two policies can be applied by each province as mutually exclusive strategies or as joint strategies. Our results show that renewable policies are the most effective in terms of climate goals especially when implemented on a local scale, while energy efficiency policies alone are ineffective. Moreover, the success of these policies depends on the type of pollutant to be reduced. Finally, we note that the effect of energy policies was reinforced by the counter-cyclical fiscal policies implemented to counter the Global Financial Crisis in 2008.
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