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Looking for the Bright Side of the China Syndrome: Rising Export Opportunities and Life Satisfaction in China

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  • Matthieu Crozet
  • Laura Hering
  • Sandra Poncet

Abstract

China's increased export capacity in recent decades has disrupted developed-country labor markets and the well-being of workers exposed to foreign competition. We here attempt to complete the assessment of the social and human consequences of globalization by exploring the other side of this "China syndrome". We evaluate the extent to which increased export opportunities have influenced well-being in China using panel data on approximately 25,000 adults across 122 Chinese localities in 2010, 2012 and 2014. The results show that perceived life satisfaction rises significantly as local export markets grow. This effect goes beyond higher local GDP per capita and individual incomes.

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  • Matthieu Crozet & Laura Hering & Sandra Poncet, 2018. "Looking for the Bright Side of the China Syndrome: Rising Export Opportunities and Life Satisfaction in China," Working Papers 2018-14, CEPII research center.
  • Handle: RePEc:cii:cepidt:2018-14
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    3. Feng, Jin & Wang, Zitai & Xie, Qiang, 2023. "Does trade liberalization improve child health? Evidence from China," China Economic Review, Elsevier, vol. 82(C).
    4. Antonia Lopez Villavicencio & Maria Cervini, 2019. "The mental health consequences of globalisation," EconomiX Working Papers 2019-26, University of Paris Nanterre, EconomiX.
    5. Dai, Mi & Huang, Wei & Zhang, Yifan, 2021. "How do households adjust to tariff liberalization? Evidence from China's WTO accession," Journal of Development Economics, Elsevier, vol. 150(C).

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    More about this item

    Keywords

    Happiness; Well-being; Globalization; China;
    All these keywords.

    JEL classification:

    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts
    • F66 - International Economics - - Economic Impacts of Globalization - - - Labor
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy

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