Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/212570 
Year of Publication: 
2005
Series/Report no.: 
BOFIT Discussion Papers No. 18/2005
Publisher: 
Bank of Finland, Institute for Economies in Transition (BOFIT), Helsinki
Abstract: 
Using a CGE model (PRCGEM) updated to 2002, the paper explores how WTO membership could affect earnings in 40 industries across 31 regions (and 8 regional blocks) of China during the period 2002 2007.Taking into account labour movement between regions within China, the direct contribution of WTO membership to overall economic growth and development is predicted to be small, with a rise in real GDP of only 6.48% short term and 5.6% long term. However, structural economic change and the WTO shock should increase regional output, especially in the established coastal economies.Regional labour movement is found to increase 69.2% at the completion of economic structural reforms.A slight decrease in the Gini coefficient for income inequality is also anticipated.
Subjects: 
Applied CGE modelling
China
WTO
labour movement
inequality
JEL: 
C68
O18
R12
R23
Persistent Identifier of the first edition: 
ISBN: 
952-462-802-3
Document Type: 
Working Paper

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