Download full text
(650.8Kb)
Citation Suggestion
Please use the following Persistent Identifier (PID) to cite this document:
https://nbn-resolving.org/urn:nbn:de:0168-ssoar-85058-2
Exports for your reference manager
China's WTO accession and income inequality in European regions: External pressure and internal adjustments
[journal article]
Abstract Exports from China have surged substantially since its accession to the World Trade Organization in 2001. We investigate how this expansion affected income inequality within European regions by separating the trade pressure experienced in external and domestic markets, as well as exploring the impor... view more
Exports from China have surged substantially since its accession to the World Trade Organization in 2001. We investigate how this expansion affected income inequality within European regions by separating the trade pressure experienced in external and domestic markets, as well as exploring the importance of several economic mechanisms. Despite some intermediate adjustments, softening the influence of Chinese pressure and even facilitating European exports, we establish a significant increase of inequality that is concentrated mostly in the lower part of regional income distributions. We determine a significant channeling of the trade pressure to income inequality through the shrinking manufacturing sector, the increasing unemployment rate, and the technological upgrade of manufacturing exports, together with an increasing demand for better-qualified labor.... view less
Keywords
China; EU; globalization; region; commerce; difference in income; export; foreign trade; policy of expansion
Classification
Income Policy, Property Policy, Wage Policy
National Economy
Free Keywords
European Community Household Panel (ECHP); European Union Statistics on Income and Living Conditions (EU-SILC)
Document language
English
Publication Year
2021
Page/Pages
p. 34-53
Journal
Economic Analysis and Policy, 69 (2021)
DOI
https://doi.org/10.1016/j.eap.2020.11.006
ISSN
0313-5926
Status
Published Version; peer reviewed