Agriculture Reference
In-Depth Information
contractonary effect whch tends to lower nterest rates and encourage nvestment n
Chna.
13 Detailed descriptions of the GTAP database's content and sources as they relate to China
are available in Gehlhar (2002), which describes the integration of the data for Hong
Kong with that of the mainland and discusses the entrepot nature of some of Hong Kong's
trade.
14 See Liu et al. (1998) for the method adopted.
15 For further discussion of the role and representation of skill-capital complementarity,
see Tyers and Yang (2000).
16 For a discussion of the CDE system and its more complicated alternatives, see Huff et
al. (1997).
17 The method for recalbratng the CDE parameters was provded to us by Dr Yongzheng
Yang of the IMF, to whom thanks are due.
18 For analyses of the links between productivity and protection, see Chand et al. (1998),
Chand (1999) and Stoeckel et al. (1999).
19 Note that China's comparative advantage in light manufacturing declines through time,
as does the level of employment n ths sector. Ths s because the growth rates of
Chna's populaton and producton labour forces are slower than those of ts populous
Asan neghbours. In the reference smulaton ts producton labour to skll rato declnes
substantally by 2010.
References
Anderson, K. and Hayami, Y., 1986.
Political Economy of Agricultural
Protection: the experience of East Asia
, Allen and Unwin, Sydney,
reprnted n Chnese 1996.
Anderson, K., Huang, J. and Ianchovichina, E., 2002. 'Long-run impact of
China's WTO accession on farm-non-farm income inequality and rural
poverty', Paper presented at the World Bank's Conference on China's
WTO Accession, Policy Reform and Poverty Alleviation, Beijing, 28-29
June.
Chand, S., 1999. 'Trade liberalisation and productivity growth: time series
evidence from Australian manufacturing',
The Economic Record
, 75(228):
28-36.
Chand, S., McCalman, S.P., and Gretton, P., 1998. 'Trade liberalisation and
manufacturing industry productivity growth', in
Microeconomic Reform
and Productivity Growth
, Workshop Proceedings, Productivity Commission
and The Australian National University, AusInfo, Canberra:239-81.
