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Effects of WTO Membership on Income Distribution and Labour Movement in China - A CGE Analysis
Jiao Wang
David G. Mayes
Guanghua Wan
出版
SSRN
, 2007
URL
http://books.google.com.hk/books?id=Vb7fzwEACAAJ&hl=&source=gbs_api
註釋
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.