Real Exchange Rate and Economic Growth: Evidence from Chinese Provincial Data (1992 – 2008)
Pre-print, Working paper: This paper studies the convergence, and the role of internal real exchange rate on economic growth in the Chinese provincial level. Using informal growth equation à la Barro [1991] and dynamic panel data estimation, we find conditional convergence among the coastal provinces and among inland provinces. Moreover, our results show that the real exchange rate appreciation has a positive effect on the provincial economic growth.
Keywords JEL
Keywords
- Real Exchange Rate
- Economic Growth
- China
- Generalized method of moments
Internal reference
- PSE Working Papers n°2012-05
URL of the HAL notice
Version
- 1