scholarly journals China-U.S. Trade Frictions, Opinion Divergence, and Stock Volatilities

2021 ◽  
Vol 13 (6) ◽  
pp. 19
Author(s):  
Wenjia Zhang
Keyword(s):  
World Economy ◽  
Market Volatility ◽  
Mediation Effect ◽  
Chinese Stock Market ◽  
Economic Relation ◽  
Stock Volatility ◽  
The World ◽  
Before And After ◽  
Trade Frictions ◽  
Opinion Divergence

China-US economic relation is of particular significance to the world economy. This paper aims to investigate how trade frictions influence Chinese stock market volatilities. Overall, trade frictions significantly increase large stocks' volatilities, whereas influences the SMEs differently before and after the 301 investigation. For the big caps (SSE50), opinion divergence has a partial mediation effect between trade frictions and market volatilities. Trade frictions lead to higher opinion divergence, and opinion divergence reduces market volatility before the 301 investigation and increases market volatility in Stages IV and V. This result is robust after controlling the endogeneity of opinion divergence. For the small caps (SMEs), the mediation effect has not been founddetected, but opinion divergence significantly influences stock volatility, negative before the Section 301 investigation, whereas positive after that.

Japan's Resource Imports

1991 ◽  
Vol 513 (1) ◽  
pp. 76-89 ◽  
Author(s):  
KAZUO SATO
Keyword(s):  
World Economy ◽  
Bilateral Trade ◽  
Poor Country ◽  
The United States ◽  
Supply Shocks ◽  
Economy Running ◽  
Resource Poor Country ◽  
Bilateral Trade Balance ◽  
The World ◽  
Trade Frictions

As a resource-poor country, Japan depends much on imports of resource goods—foods, fuels, and crude materials—to keep its economy running. This dependence has increased over time, making Japan vulnerable to supply shocks. At the same time, demand shocks emanating from its domestic economy have come to exert a greater influence on the world economy. Because Japan exports almost wholly manufactured goods and imports largely resource goods, its bilateral trade balance ends up with a surplus with industrial economies and a deficit with primary-producing countries even when Japan's trade is globally balanced. This trade structure gives rise to trade frictions, especially with the United States. Unless the structure is altered fundamentally, Japan will find it increasingly difficult to fit itself into the world economy.

Do IFRS Matter in Emerging Countries?

2015 ◽  
pp. 103-125 ◽  
Author(s):  
Isabel Lourenço ◽  
Manuel Castelo Branco ◽  
José Dias Curto
Keyword(s):  
Earnings Management ◽  
World Economy ◽  
Emerging Countries ◽  
Listed Firms ◽  
Ifrs Adoption ◽  
Emerging Country ◽  
The World ◽  
Before And After ◽  
Mandatory Adoption ◽  
The Impact

This study analyzes the impact of the process of IFRS adoption on earnings management in the emerging country that is probably the most important in the world economy that has adopted in full the IFRS, Brazil. We examine earnings distributions for discontinuities around thresholds before and after IFRS adoption for a sample of Brazilian listed firms for the period 2004-2011. The findings of this study reveal that discontinuities exist, both before and after IFRS implementation, and that there is a decrease in discontinuity. The results of our study suggest that mandatory adoption of IFRS by Brazilian companies is associated with a decrease in earnings management, in particular during the period of full adoption of IFRS (post-2010).

The Problem of Factors that Determine the Economic Development of Modern Russia

2018 ◽  
pp. 37-41
Author(s):  
Елена Басовская ◽  
Elena Basovskaya ◽  
Леонид Басовский ◽  
Leonid Basovskiy
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Growth Rates ◽  
World Economy ◽  
Political Factors ◽  
The World ◽  
Before And After ◽  
Economic Growth Rates ◽  
The Impact ◽  
To Receive

In the economy of Russia after the crisis of 2008–2009 systemic changes were occurred. In the period before this crisis, Russia experienced economic growth, which was faster than the growth rate of the world economy, then after the crisis, economic growth rates do not exceed the growth rates of the world economy. To identify the reasons and factors for changing the model of economic development of the country, a project for researching the economy before and after the crisis of 2008–2009 is proposed. It is proposed to receive quantitative assessments of the impact of economic, socio-economic, political factors and other significant factors that determine productivity, differing by region of the country, by building econometric models of productivity in the form of expanded production functions.

scholarly journals CLUSTER FUNDAMENTALS FOR THE DEVELOPMENT OF INTEGRATED BUSINESS STRUCTURES

Management ◽  
2019 ◽  
Vol 29 (1) ◽  
pp. 97-108
Author(s):  
Pavlo M. Dudko
Keyword(s):  
Global Economy ◽  
World Economy ◽  
Cluster Approach ◽  
The World ◽  
Before And After ◽  
World Economic ◽  
Business Structures ◽  
Business Entities ◽  
The Cost ◽  
Integrated Structures

Introduction. Nowadays, both in the world economy in a whole and in the economies of the leading countries a major role play not individual entities, but their integrated structures. Thus, over the last 5 years, sales of the 2000 largest integrated business entities from 51 countries in the world have almost doubled, accounting more than 50% of the global gross domestic product. Taking into account the mentioned above, we can say that the problem of defining cluster foundations for the development of integrated business structures is urgent.Hypothesis of scientific research. All existing organizational forms of integrated structures vary greatly in nature, principles, goals of association, features of the organization, degree of integration of participants, the breadth of coverage of the spheres of production and economic activity, but the use of cluster principles of their organization allows to achieve a synergistic effect of development at a new level.Aim of this research is a study of the above problems within the global economy and across Ukraine.Methods of investigation: in the basis of the analysis procedures lies the modeling of financial and production activities of the group of companies before and after the consolidation on the basis of the cost-output model adapted to the characteristics of consolidated accounting in industrial companies.Results. A new cluster approach to the development of integrated business structures is proposed on the basis of the author's study of world economic practice.Conclusions: The formed matrix of estimation of degree of integration of participants of forms of separate subjects’ unification allows to choose one or another form of business integration depending on the goals which are set for them and the ways of achievement of these goals (for example, retaining or losing their legal, industrial and economic and financial independence).

scholarly journals Colonization of the world economy in the light of Testaments and the ideology of Muhammad (P.B.U.H)

rahatulquloob ◽  
2019 ◽  
Vol 3 (2(2)) ◽  
pp. 31-42
Author(s):  
Muhammad Mash'hood Ahmed
Keyword(s):  
World Economy ◽  
Social World ◽  
Human Relations ◽  
Modern Age ◽  
The Social ◽  
The World ◽  
Before And After ◽  
New Codes ◽  
And Behaviors ◽  
Substantial Degree

The purpose of this treatise is the study of globalization in pertinence with trade and Commerce, its roots and linkage with different countries in the modern age, and the critical observations, assessments and analysis made on it, in the light of testaments and the ideology of Holy Prophet Muhammad (Peace be upon him), relevant philosophies, moreover, this write up meant to bring into in the lime light and discussions how the thought and approach of the societies and the communities that had religious-centric approach for seeking solutions to their social & economical problems, was completely altered or at least impaired to a substantial degree. Modernization transformed the whole world, meanings of distances and relations were changed, and lifestyles of common peoples were given new shapes, business or working timings, as well as currencies were given totally different outfits, priorities and preferences got new specifications, and dimensions, subsequently new codes of customs and behaviors were devised. In the wake of modernization world witnessed a rampant revolution. The shift in priorities and preferences from religiouscentric to materialism, as well as acquisitiveness affected the overall moral, ethical and principled values, resultantly, inter-human relations and the social world was dressed with new kind of attires. This paper will be an attempt for helping us reaching and comprehending the vision and mindset, instrumental in selling the “slogan of globalization” and its impacts, cap-a-pie, on the society around the world in economic and religious respects before and after its application.

Russia and China: The Vector of Development of Economic Cooperation

2004 ◽  
pp. 113-122
Author(s):  
L. Kabir
Keyword(s):  
World Economy ◽  
Economic Cooperation ◽  
Point Of View ◽  
Basic Commodity ◽  
The World ◽  
Economic Ties

This article considers the basic tendencies of development of trade and economic cooperation of the two countries with accent on increasing volumes and consolidating trade and economic ties in Russian-Chinese relations. The author compares Russian and Chinese participation in the world economy and analyzes the counter trade from the point of view of basic commodity groups.

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