Since China's transition to a market economy, the labour productivity growth has been dramatically rapid, in particular since 1994. This speeding up has been accompanied by the reverse of the exchange rate policy of China, which has strongly depreciated its currency before 1994, and then either...

In the last decade China’s trade with Africa increased faster than its overall foreign trade. This paper focuses on the role of real exchange rates in this growth. A “bilateral real exchange rate” augmented trade gravity model applied to China’s trade with 49 African countries over the...

In the last decade China’s trade with Africa increased faster than its overall foreign trade. This paper focuses on the role of real exchange rates in this growth. A “bilateral real exchange rate” augmented trade gravity model applied to China’s trade with 49 African countries over the...

This article studies the effect of exchange rate regimes on the dramatic growth of the trade between China and Sub-Saharan Africa. A real exchange rate augmented gravity model shows that the exports of China?s manufactured goods are stimulated by the real depreciation of the renminbi against...

This article investigates the impact that the real exchange rate appreciation in China has exerted on productivity growth since 1994. We remind the arguments explaining a positive or a negative impact of a real appreciation on efficiency and on technical progress. DEA Malmquist indices of...

The channels through which the real exchange rate influences urban/rural per capita real income inequality are analyzed using yearly data for 28 Chinese provinces. Due to the higher share of tradable goods produced in urban than rural areas, the real depreciation of the Chinese currency raised...

If poverty has been significantly deceased in China during the last twenty years, this decrease was very unequal across the provinces and was accompanied by an increase of the urban and rural per capita income disparity. We studied the impact on this last one of the exchange rate policy, which...

Although poverty has been significantly decreased in China over the last twenty years, this decrease has been highly unequal across the provinces and has brought increased disparity in urban and rural per capita income. We studied the impact of exchange rate policy on urban-rural per capita...

Financial development may lead to productivity improvement in developing countries. In this paper, based on the Data Envelopment Analysis (DEA) approach, we use the Malmquist index to measure China’s total factor productivity change and its two components (i.e., efficiency change and technical...

The relationship between the real exchange rate and urban/rural per capita real income disparity is modeled and applied in the case of China. Contrary to the effect usually expected, the model predicts that the real depreciation of the Chinese currency during the 1978-94 period may have raised...