Front Matter Page
Research Department
Contents
I. Introduction
II. Theory
III. Data
A. The Real Effective Exchange Rate
B. Sectoral Data
C. Regional Data
D. Input-Output Tables and Regional Sector Data
IV. Empirical Analysis
A. Analysis with Sectoral Data
B. Analysis with Regional Data
V. Transmission Channels
A. Sectoral Input-Output Pattern in China
B. Empirical Test of Sectoral Dependence
VI. Conclusion
References
Appendix
Tables
Table 1. Chinese industry and sector classification
Table 2. Regional summary statistics
Table 3. Cross-sector panel regression for employment growth: 1980-2002, 16 sectors
Table 4. Cross-sector panel regression for employment growth: 1990-2008, 8 sectors
Table 5. Regional panel regression by industry with OLS: 1988-2008
Table 6. Regional panel regression by industry with OLS: 1994-2008
Table 7. Regional panel regression by industry using 2SLS: 1994-2008
Table 8. SUR results for employment growth rates I
Table 9. SUR results for employment growth rates II
Table 10. SUR results for employment growth rates III
Table 11. SUR results for employment growth rates IV
Table 12. Results with regional I-O tables and sectoral employment, contemporaneous regressors
Table 13. Results with regional I-O tables and sectoral employment, lagged regressors
Table 14. National intermediate input usage in tradable sectors
Table 15. Intermediate input usage in tradables by region in 2002
Table 16. Regional distribution of nontradable intermediate input shares in tradable sectors
Figures
Figure 1. Logarithm of real effective exchange rate
Figure 2. Logarithms of real effective exchange rate and average USD/RMB rate
Figure 3. Sectoral employment and the real exchange rate
Figure 4. Sectoral employees (urban units) and the real exchange rate
Figure 5. China Regional Map
Figure 6. Employment growth in secondary and tertiary industry for selected regions
Figure 7. Intermediate input to tradables of the wholesale and retail sector vs. regional openness