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Once an enemy, forever an enemy? The long-run impact of the Japanese invasion of China from 1937 to

香港中文大学 辅仁网/2017-07-06

Once an enemy, forever an enemy? The long-run impact of the Japanese invasion of China from 19http://aims.cuhk.edu.hk/converis/portal/Publication/37 to 19http://aims.cuhk.edu.hk/converis/portal/Publication/45 on trade and investment
Publication in refereed journal


香港中文大学研究人员 ( 现职)
杜巨澜教授 (经济学系)


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引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/3WOS source URL
Scopushttp://aims.cuhk.edu.hk/converis/portal/Publication/4Scopus source URL

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摘要In this study, we exploit one of the most important conflicts of the 20th century between what are currently the world's second and third largest economies, that is, the Japanese invasion of China from 19http://aims.cuhk.edu.hk/converis/portal/Publication/37 to 19http://aims.cuhk.edu.hk/converis/portal/Publication/45, to investigate the long-term impact of conflicts between countries on cross-border trade and investment. We find that Japanese multinationals are less likely to invest in Chinese regions that suffered greater civilian casualties during the Japanese invasion, and these regions also trade less with Japan. Our study shows that historical animosity still influences international trade and investment, despite the trend toward an increasingly globalized world.

着者Che Y., Du J., Lu Y., Tao Z.
期刊名称Journal of International Economics
出版年份2015
月份1
日期1
卷号96
期次1
出版社Elsevier BV
出版地Netherlands
页次182 - 198
国际标準期刊号0022-1996
电子国际标準期刊号187http://aims.cuhk.edu.hk/converis/portal/Publication/3-0http://aims.cuhk.edu.hk/converis/portal/Publication/35http://aims.cuhk.edu.hk/converis/portal/Publication/3
语言英式英语

关键词Difference-in-differences estimation, Sino-Japanese war, Trade and investment

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