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Rising Wages, Yuan Appreciation and China’s Processing Exports
https://doi.org/10.24545/00001355
https://doi.org/10.24545/00001355f9fffe9e-b8a7-4803-b139-04917ecd74c6
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
DP16-01.pdf (1.1 MB)
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| Item type | ディスカッションペーパー / Discussion Paper(1) | |||||||
|---|---|---|---|---|---|---|---|---|
| 公開日 | 2016-04-12 | |||||||
| タイトル | ||||||||
| タイトル | Rising Wages, Yuan Appreciation and China’s Processing Exports | |||||||
| 言語 | en | |||||||
| 言語 | ||||||||
| 言語 | eng | |||||||
| キーワード | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | China | |||||||
| キーワード | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | Wage | |||||||
| キーワード | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | Exchange Rates | |||||||
| キーワード | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | processing trade | |||||||
| 資源タイプ | ||||||||
| 資源タイプ | technical report | |||||||
| ID登録 | ||||||||
| ID登録 (DOI) | 10.24545/00001355 | |||||||
| ID登録タイプ | JaLC | |||||||
| 著者 |
XING, Yuqing
× XING, Yuqing
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| 著者所属 | ||||||||
| 値 | 政策研究大学院大学 / National Graduate Institute for Policy Studies | |||||||
| 抄録 | ||||||||
| 内容記述タイプ | Abstract | |||||||
| 内容記述 | This study investigates the impacts of rising wages and the appreciation of the yuan on the structure of China’s exports. China’s exports are classified here as ordinary exports (OE) and two distinctive groups of processing exports, pure assembly exports (PAE) and mixed assembly exports (MAE). The data analyzed here are derived from panel data covering China’s bilateral PAE and MAE trade with more than 100 trading partners from 1993 to 2013. Estimates of fixed effect models show that wage increases and the appreciation of the yuan reduced the proportion of assembly exports in China’s bilateral exports. Specifically, for a 1% increase in Chinese manufacturing wages, the share of PAE in China’s bilateral exports is expected to fall 1.6 percentage points and that of MAE to decrease by 1.1 percentage points; a 1% nominal appreciation of the yuan against the US dollar would be expected to lower PAE and MAE trade volume by 2.4 and 2.1 percentage points, respectively. The empirical results imply that rising wages and cumulative appreciation of the yuan have eroded China’s comparative advantage in the assembly of products for international markets, resulting in substantial contraction of processing exports. The analysis provides a supply-side explanation for the fall of China’s export growth. | |||||||
| 内容記述 | ||||||||
| 内容記述タイプ | Other | |||||||
| 内容記述 | JEL Classification Codes: F1 | |||||||
| 発行年 | ||||||||
| 値 | 2016-04 | |||||||
| 書誌情報 |
en : GRIPS Discussion Papers Report No. DP16-01, 発行日 2016-04-12 |
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| 出版者 | ||||||||
| 出版者 | GRIPS Policy Research Center | |||||||
| 言語 | en | |||||||
| 関連サイト | ||||||||
| 関連タイプ | isIdenticalTo | |||||||
| 識別子タイプ | URI | |||||||
| 関連識別子 | https://ideas.repec.org/p/ngi/dpaper/16-01.html | |||||||
| 関連名称 | https://ideas.repec.org/p/ngi/dpaper/16-01.html | |||||||
| 著者情報 | ||||||||
| 内容記述タイプ | Other | |||||||
| 内容記述 | https://www.grips.ac.jp/list/jp/facultyinfo/xing_yuqing/ | |||||||
| 著者版フラグ | ||||||||
| 出版タイプ | AM | |||||||
| 出版タイプResource | http://purl.org/coar/version/c_ab4af688f83e57aa | |||||||
