English  |  正體中文  |  简体中文  |  Items with full text/Total items : 51931/87076 (60%)
Visitors : 8490225      Online Users : 228
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/80085


    Title: The Effect of Changes in China's RMB on the Performance of US Manufacturing
    Authors: David Kleykamp;David Alexander De Leon Salazar
    Contributors: 淡江大學經濟學系
    Keywords: Chinese Yuan;RMB;Manufacturing;Deindustrialization;Productivity
    Date: 2012-01
    Issue Date: 2013-01-17 15:40:41 (UTC+8)
    Publisher: 新北市:淡江大學國際研究學院
    Abstract: Considerable controversy surrounds the issue of whether a revaluation of the Chinese currency would help the performance of the US manufacturing sector. It is felt by some that China's currency policies have been in part responsible for eliminating manufacturing jobs in the US, while placing downward pressure on manufacturing wages and output growth. This paper assesses these claims by looking at macroeconomic data on US manufacturing employment, output, and real compensation. It is found that the Chinese yuan does have a statistically significant effect on employment and output growth, but these effects are small in magnitude and thus inconsequential. It is also found that increases in the value of the Chinese yuan lower real hourly compensation in US manufacturing by reducing the purchasing power of the vast majority of workers who retain their jobs. The general conclusion of the paper is that US officials would be better advised to seek market opening initiatives, since exports are found to have a consistently stronger effect on manufacturing performance than general movements in the RMB.
    Relation: Tamkang Journal of International Affairs=淡江國際研究 15(3) pp.81-141
    Appears in Collections:[經濟學系暨研究所] 期刊論文

    Files in This Item:

    File Description SizeFormat
    index.html0KbHTML143View/Open
    index.html0KbHTML115View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.


    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback