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The assumption that national labor markets are homogenous across tradable and non-tradable goods is common in multisector (open-economy) macro models and crucial for the prominent Balassa-Samuelson hypothesis. This study tests it with a novel method to distinguish the tradable and non-tradable...
Persistent link: https://www.econbiz.de/10009156367
The assumption that national labor markets are homogenous across tradable and non-tradable goods is common in multisector (open-economy) macro models and crucial for the prominent Balassa-Samuelson hypothesis. This study tests it with a novel method to distinguish the tradable and non-tradable...
Persistent link: https://www.econbiz.de/10013135778
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …-intensive and labor-intensive industries have widened. Comparisons of international data show that China's manufacturing wage has … already converged to that of Asian emerging markets, but China still enjoys enormous labor cost advantages over its …
Persistent link: https://www.econbiz.de/10003976837
Persistent link: https://www.econbiz.de/10008907532
Persistent link: https://www.econbiz.de/10008701708
The rapid rise of China on the global economic stage could have substantial and unequal employment and wage effects in … advanced industrialised democracies given China's large volume of low-wage labour. Thus far, these effects have not been … a new channel, increased competition from China in 59 foreign export markets, which positively affects the high …
Persistent link: https://www.econbiz.de/10010436548
Persistent link: https://www.econbiz.de/10012803845
in China. Combining data from population and firm censuses between 1990 and 2005, we relate prefecture-level employment …
Persistent link: https://www.econbiz.de/10012262422
in China. Combining data from population and firm censuses between 1990 and 2005, we relate prefecture-level employment …
Persistent link: https://www.econbiz.de/10012271498
in China. Combining data from population and firm census waves over the period of 1990 to 2005, we relate prefecture …
Persistent link: https://www.econbiz.de/10012253793