Dublin Core
Titre
Appreciation of the renminbi and urban-rural income disparity
Sujet
[SHS:ECO] Humanities and Social Sciences/Economy and finances
income inequality
real exchange rate
China
Urban-rural inequality
Description
Although poverty has been significantly decreased in China over the last twenty years, this decrease has been highly unequal across the provinces and has brought increased disparity in urban and rural per capita income. We studied the impact of exchange rate policy on urban-rural per capita income, which was marked by strong real depreciation before 1994 followed by moderate appreciation before stabilizing. We concluded that in the inland provinces where poverty is hardest, real appreciation has attenuated disparity whereas real depreciation had accentuated disparity. This result argues for a revaluation of the renminbi.
Créateur
Guillaumont Jeanneney, Sylviane
Hua, Ping
Date
2011-01-17
Langue
ENG
Type
preprint
Identifiant
http://halshs.archives-ouvertes.fr/halshs-00556694
http://halshs.archives-ouvertes.fr/docs/00/55/66/94/PDF/2008.24.pdf