Wage And Price Dynamics In A Large Emerging Economy

Download or read book Wage and Price Dynamics in a Large Emerging Economy written by Carsten A. Holz and published by . This book was released on 2013 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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-- Abstract.