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A more market-oriented labor market has emerged in China in the past twenty years with growing importance of the urban … exists in the rural sector and state-owned enterprises. The main challenge facing China’s labor market in coming years is to …
Persistent link: https://www.econbiz.de/10014403994
This study assesses the economic implications of China''s changing population in the 21st century using a numerical … mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low …
Persistent link: https://www.econbiz.de/10014404019
China''s increasing integration with the global economy has contributed to sustained growth in international trade. Its … China''s imports from all regions-especially Asia, where China plays an increasingly central role in regional specialization …. Tariff reforms have been implemented in China since the 1980s; and, with its recent WTO accession, China has committed itself …
Persistent link: https://www.econbiz.de/10014404079
The value-added tax (VAT) in China has the unusual feature that capital goods are included in the VAT base. In addition … that domestic producers are not increasingly placed at a disadvantage as China dismantles tariff and nontariff barriers on …
Persistent link: https://www.econbiz.de/10014404099
This paper reviews the evolution of China''s real effective exchange rate between 1980 and 2002, and uses a structural …
Persistent link: https://www.econbiz.de/10014404124
Substantial effort has been devoted to reforming China''s banking system in recent years. The authorities recapitalized …
Persistent link: https://www.econbiz.de/10014402397
China''s growth record since the start of its economic reforms in 1978 has been extraordinary. Yet, this impressive … to analyze the variation in labor productivity growth across China''s provinces. This approach imposes less structure on … convergence in labor productivity across China''s provinces during 1978-98. However, our results show that provinces converged in …
Persistent link: https://www.econbiz.de/10014402399
Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and … regulated interest rates (lending and deposit rates), reflecting China''s gradual process of interest rate liberalization. We …
Persistent link: https://www.econbiz.de/10014402462
Chinese banks generate large profits and have relatively low nonperforming loans. However, good financial performance does not, in itself, guarantee that banks efficiently intermediate the economy''s financial resources. This paper first examines how efficient Chinese banks are in financial...
Persistent link: https://www.econbiz.de/10014402468
This paper gauges the potential effects on employment of rebalancing China''s exportoriented growth model toward … existing and new services as well as reorienting the production of tradable goods toward domestic markets. In China''s case … paper shows that while rebalancing China''s growth toward a domestic-demand-led economy would likely raise aggregate …
Persistent link: https://www.econbiz.de/10014402469