Volume/Issue: 2018/88
Series: IMF Working Papers
Author(s):
Philippe Wingender
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
April
2018
DOI: http://dx.doi.org/10.5089/9781484351109.001
ISBN: 9781484351109
China is the most decentralized country in the world in terms of expenditures shares, with subnational governments responsible for 85 percent of government spending. Limited revenue autonomy and insufficient interg...
Volume/Issue: 2016/233
Series: IMF Working Papers
Author(s):
Vitor Gaspar
,
Laura Jaramillo
, and
Philippe Wingender
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
December
2016
DOI: http://dx.doi.org/10.5089/9781475558142.001
ISBN: 9781475558142
An empirical finding by Gaspar, Jaramillo and Wingender (2016) shows that once countries cross a tax-to-GDP threshold of around 12¾ percent, real GDP per capita increases sharply and in a sustained manner over the...
Volume/Issue: 2016/219
Series: IMF Working Papers
Author(s):
Rui Mano
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
November
2016
DOI: http://dx.doi.org/10.5089/9781475553741.001
ISBN: 9781475553741
This paper assesses the spillovers from different facets of China rebalancing using a calibrated Ricardian trade model that includes 41 economies, each consisting of 34 sectors. We find that China's move up the val...
Volume/Issue: 2017/272
Series: IMF Working Papers
Author(s):
Rui Mano
, and
Phil Stokoe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
December
2017
DOI: http://dx.doi.org/10.5089/9781484331651.001
ISBN: 9781484331651
China's official general government accounts do not include off-budget quasi-fiscal spending unlike the IMF's augmented government accounts. This paper argues that the broader concept of augmented government remain...
Volume/Issue: 2017/266
Series: IMF Working Papers
Author(s):
W. Raphael Lam
,
Alfred Schipke
,
Yuyan Tan
, and
Zhibo Tan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
November
2017
DOI: http://dx.doi.org/10.5089/9781484330722.001
ISBN: 9781484330722
Nonviable 'zombie' firms have become a key concern in China. Using novel firm-level industrial
survey data, this paper illustrates the central role of zombies and their strong linkages with stateowned
enterprises (...
Volume/Issue: 2016/212
Series: IMF Working Papers
Author(s):
Allan Dizioli
,
Benjamin Hunt
, and
Wojciech Maliszewski
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
November
2016
DOI: http://dx.doi.org/10.5089/9781475552225.001
ISBN: 9781475552225
China's transition to a new growth model continues and the impact has been felt across the globe. Several trends contribute to the ‘maturing' of China's economy: i) structural slowing on the convergence path; ii) o...
Volume/Issue: 2018/251
Series: IMF Working Papers
Author(s):
Ding Ding
, and
Weicheng Lian
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
December
2018
DOI: http://dx.doi.org/10.5089/9781484385371.001
ISBN: 9781484385371
In this paper we analyze the fundamental drivers of China's residential investment as a share of its GDP. Our analysis indicates that the economic structural changes that led to rebalancing toward consumption were...
Volume/Issue: 2017/122
Series: IMF Working Papers
Author(s):
JaeBin Ahn
, and
Romain Duval
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
May
2017
DOI: http://dx.doi.org/10.5089/9781475595833.001
ISBN: 9781475595833
We analyze the impact on productivity in advanced economies of fast-growing trade with China between the mid-1990s and late-2000s, separately identifying the export and import channels. We use country-sector-level...
Volume/Issue: 2018/276
Series: IMF Working Papers
Author(s):
Yang Yang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
December
2018
DOI: http://dx.doi.org/10.5089/9781484389584.001
ISBN: 9781484389584
This paper examines the impact of highway expansion on aggregate productivity growth and
sectoral reallocation between cities in China. To do so, I construct a unique dataset of
bilateral transportation costs betwe...
Volume/Issue: 2016/214
Series: IMF Working Papers
Author(s):
Sohrab Rafiq
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
November
2016
DOI: http://dx.doi.org/10.5089/9781475552607.001
ISBN: 9781475552607
This paper looks at the effects of a China slowdown on Emerging Market Economies (Indonesia,
Malaysia, and Thailand) and Frontier Developing Economies (Cambodia, Lao P.D.R., and
Vietnam) in ASEAN. The main finding...