Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/212789 
Year of Publication: 
2014
Series/Report no.: 
BOFIT Discussion Papers No. 3/2014
Publisher: 
Bank of Finland, Institute for Economies in Transition (BOFIT), Helsinki
Abstract: 
This study finds that the growth in labour costs in China is not passed through fully to final prices in China, neither in the tradable goods sector nor in the economy as a whole. This probably reflects the strong pressure on profit margins from a highly competitive environment, especially in manufactured goods. The potential implications of labour cost increases in China for global inflation pressures are also discussed.
Subjects: 
labour costs
inflation
China
global economic slack
globalization
JEL: 
E31
F42
J30
Persistent Identifier of the first edition: 
ISBN: 
978-952-6699-62-2
Document Type: 
Working Paper

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