This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China …. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export …. Across China’s provinces, divergences in per capita incomes are driven by the relative level of capital-intensity, public …

We examine the impact of real exchange rate fluctuations on sectoral and regional employment in China from 1980 to 2008 … with employment data at the region-sector level. The results of this paper have important implications for China''s labor …

alternative approaches and models commonly used to derive equilibrium real exchange rate estimates. Using China''s currency to … conclusion from the tests used here is that, at least for China, small changes in model specifications, explanatory variable …

The paper explores the behavior of the long-run real exchange rate (RER) of Hong Kong SAR and China by testing the … suggest (1) at present, Hong Kong SAR and China do not satisfy the conditions necessary for forming an optimal currency area …-run elasticity between the RERs of Hong Kong SAR and China is negative …

Based on China''s experience between 1980 and 2002, a cointegrated vector autoregression model was established to … explore the relationships among real interest rates, real exchange rates and balance of payments in China. Taking into account …

This paper reviews the evolution of China''s real effective exchange rate between 1980 and 2002, and uses a structural …

The number of studies attempting to estimate the ""equilibrium"" real value of China''s currency has proliferated in … significant part of China''s competitive prowess can be attributed to the foreign exchange value of the renminbi. Unfortunately … in a rapidly developing economy like China …