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In this paper, the impact of real exchange rate on employment is theoretically investigated. Three channels are identified. 1. Capital/labor intensity channel: the real appreciation, which decreases the cost of imported inputs and increases real wages expressed in tradable goods, exerts a...
Persistent link: https://www.econbiz.de/10005543380
Technological progress in the textile and clothing sectors is measured for 26 Chinese provinces using panel data by sector and the stochastic frontier method. The impact of the real exchange rate on this technological progress, as well as its transmission channels, are respectively estimated....
Persistent link: https://www.econbiz.de/10005055198
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...
Persistent link: https://www.econbiz.de/10005055232
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...
Persistent link: https://www.econbiz.de/10005055296
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...
Persistent link: https://www.econbiz.de/10005016501
This article investigates the impact that the appreciation and the stability of the real exchange rate in China between 1993 and 2001 have exerted on productivity growth. We give theoretical arguments explaining the impact of the real exchange rate on productivity via its effects either on...
Persistent link: https://www.econbiz.de/10005016553
Although poverty has been significantly decreasing 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...
Persistent link: https://www.econbiz.de/10005017514
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...
Persistent link: https://www.econbiz.de/10005350435