Golley, Jane (contributor); Tyers, Rodney (contributor) - 2007
Paper No. 479
ISBN: 086831 479
Key words:
Chinese economy, real exchange rate, economic growth, productivity … rapid
economic growth should be associated with a real exchange rate appreciation. This hinges on the
Balassa …-Samuelson hypothesis under which economic growth, stemming from improvements in
traded sector productivity, causes non-traded prices to …