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Interprovincial Competitiveness and Economic Growth: Evidence from C hinese Provincial Data (1992–2008)
Author(s) -
Chen Jinzhao
Publication year - 2015
Publication title -
pacific economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.34
H-Index - 33
eISSN - 1468-0106
pISSN - 1361-374X
DOI - 10.1111/1468-0106.12114
Subject(s) - economics , exchange rate , panel data , estimation , growth rate , monetary economics , economy , macroeconomics , econometrics , management , geometry , mathematics
This paper assesses the role of the internal real exchange rate as a competitiveness indicator in economic growth among provinces in C hina. Using data from 28 C hinese provinces for the period 1992–2008 together with dynamic panel data estimation, the results reveal a positive effect of real exchange rate appreciation on economic growth. In other words, a competitive internal real exchange rate has not been found to support provincial economic growth.