HUA, Ping; JEANNENEY, Sylviane GUILLAUMONT - Centre d'Études et de Recherches sur le Développement … - 2006
This article investigates the impact that the appreciation and the stability of the real exchange rate in China between … panel estimation of productivity growth and we show that the negative effects of the appreciation of the real exchange rate … 1993 and 2001 have exerted on productivity growth. We give theoretical arguments explaining the impact of the real exchange …