Although there seems to be a broad consensus among economists that purely floating or completely fixed exchange rates (the so-called corner solutions) are the only viable alternatives of exchange rate management, many countries do not behave according to this paradigm and adopt a strategy within...

This paper empirically investigates the determinants of Chinese export performance using cross-sectional data at the industry level. We find that the export performance of different industries is significantly influenced by labour costs, foreign direct investment (FDI) and firm size, and thus...

We study the evolution of employment and wage outcomes in Chinese SOEs during the first decade of economic reforms, using a panel of data for almost 1000 enterprises covering the years 1980-90. Unlike the 1990s, which were marked by growing labor redundancy in the SOE sector, we find that...

The paper focuses on the long run relationships between wages, prices and labour productivity in the Polish economy by applying recent developments in the field of multivariate cointegration analysis. We followed modeling strategy which is suggested by Greenslade et al. (1999) and present all...

The aim of this paper is to analyse the general equilibrium effects of tariff changes in a multi-regional model that has inter-government strategic interactions, where central and regional governments react to policies of one another by implementing counter strategies to maximise their own...

The paper addresses the issues of poverty and social security in a transitional environment on the basis of recent economic developments in Bulgaria. Special emphasis is placed on the need for a new type of social safety net stemming from the radical changes in the political and economic system....

In this paper we evaluate the productivity growth of the member countries in the European Union (EU) before and after the enforcement of the Maastricht convergence criteria in 1992. Total factor productivity (TFP) was measured by employing the growth-accounting approach and Tornqvist indices....

China will exert a great impact on the world market after its accession to the World Trade Organization (WTO) with its labor-intensive exports, since China has more than 20 percent of the world's population. Among which farmers make up 78.1 percent of the share. This paper intends to measure the...

This paper undertakes an empirical examination of the impact of the property rights system on agricultural growth in China's rural development. A model is developed, considering a conditional convergence hypothesis and control variables that capture the effect of property rights system, such as...