How Does Real Exchange Rate Influence Income Inequality Between Urban And Rural Areas In China?
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 the urban bias, contrary to the effect usually expected. This rise was, however, mitigated because of the impact of the exchange rate on the urban/rural consumer price ratio, real public wages, and the ratio of industrial/agricultural protection rates. It disappeared for coastal provinces due to the strong development of outward-oriented rural industrial activities.
|Date of creation:||1999|
|Contact details of provider:|| Postal: 65 Bd. F. Mitterrand, 63000 Clermont-Ferrand|
Phone: (33-4) 73 17 74 00
Fax: (33-4) 73 17 74 28
Web page: http://cerdi.org/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Christopher Findlay & Zhang Xiaohe & Andrew Watson, 1992. "Growth of Rural Enterprises, Urban-Rural Relations in China's Foreign Trade," Chinese Economies Research Centre (CERC) Working Papers 1992-03, University of Adelaide, Chinese Economies Research Centre.
- D Gale Johnson, 1996. "China's Rural and Agricultural Reforms: Successes and Failures," Chinese Economies Research Centre (CERC) Working Papers 1996-12, University of Adelaide, Chinese Economies Research Centre.
- Minot, Nicholas W, 1998. "Distributional and Nutritional Impact of Devaluation in Rwanda," Economic Development and Cultural Change, University of Chicago Press, vol. 46(2), pages 379-402, January.
- Knight, J B, 1976. "Devaluation and Income Distribution in Less-Developed Economies," Oxford Economic Papers, Oxford University Press, vol. 28(2), pages 208-227, July.
- Hare, Denise & West, Loraine A., 1999. "Spatial Patterns in China's Rural Industrial Growth and Prospects for the Alleviation of Regional Income Inequality," Journal of Comparative Economics, Elsevier, vol. 27(3), pages 475-497, September.
- Sylvie Guillaumont-Jeanneney & Ping Hua & Claude Jessua, 1996.
"Politique du change et développement des exportations manufacturées en Chine,"
Programme National Persée, vol. 47(3), pages 851-860.
- Sylviane GUILLAUMONT JEANNENEY & Ping HUA, 1996. "Politique du change et développement des exportations manufacturées en Chine," Working Papers 199601, CERDI.
- Patrick Guillaumont, 1993. "Politique d'ajustement et développement agricole," Économie rurale, Programme National Persée, vol. 216(1), pages 20-29.
- McMillan, John & Whalley, John & Zhu, Lijing, 1989. "The Impact of China's Economic Reforms on Agricultural Productivity Growth," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 781-807, August.
- Li, Huagang, 1999. "State factories in transition--openness, competition, and productivity," Journal of Development Economics, Elsevier, vol. 58(2), pages 429-462, April. Full references (including those not matched with items on IDEAS)