Wage and price dynamics in a large emerging economy: The case of China

Arbeitspapier

This study finds that the growth in labour costs in China is not passed through fully to final prices in China, neither in the tradable goods sector nor in the economy as a whole. This probably reflects the strong pressure on profit margins from a highly competitive environment, especially in manufactured goods. The potential implications of labour cost increases in China for global inflation pressures are also discussed.

Object Details

• ISBN: 978-952-6699-62-2
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: BOFIT Discussion Papers ; No. 3/2014

Classification and Topics

• Classification: Wirtschaft ; Price Level; Inflation; Deflation ; International Policy Coordination and Transmission ; Wages, Compensation, and Labor Costs: General
• Subject: labour costs ; inflation ; China ; global economic slack ; globalization

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Holz, Carsten A. ; Mehrotra, Aaron
• Event: Veröffentlichung
• (who): Bank of Finland, Institute for Economies in Transition (BOFIT)
• (where): Helsinki
• (when): 2014

Further information

• Handle: http://hdl.handle.net/10419/212789
• Last update: 10.03.2025, 11:45 AM CET