Donaubauer, Julian; Dreger, Christian - 2016 - This version: July 2016
China’s government is promoting the shift towards a consumption-based economy since a few years. The explicit goal to … significantly raise the percentage of wages in the national household income is integral part of the 12th Five-Year Plan (2011 … paper, we raise the hypothesis that soaring wages negatively affect FDI inflows to China and alter the distribution of FDI …