Business School

2013 UWA Workshop on the Chinese Economy



Workshop Convenors

Rod Tyers: [email protected]

Peter Robertson: [email protected]

Yanrui Wu: [email protected]

Nic Groenewold: [email protected]

Workshop Administrator

Danielle Figg: [email protected]

Workshop Program

This workshop is designed to foster research on the Chinese Economy including Chinese economic growth prospects and its international implications.

Australia’s extraordinary economic strength through the “great recession” has been sustained primarily by the spectacular rise of the Chinese economy and its demand for resource base imports.  Future prospects for the two economies are therefore interlinked.  Recent concern that the Chinese economy could slow down significantly or even stagnate in the near future is therefore of considerable importance in both economies.  The oft-cited reasons for this include rising costs as local environmental costs increase and the supply of surplus rural labour wanes, the expectation that China’s overall labour force will soon begin to contract, placing further upward pressure on costs and resistance to China’s export expansion in stagnating European and North American markets.

The response of China’s government has been to change the source of its future growth to that which has underlain most global growth in the last two decades; namely its own economy.  It has decided to “look inward” for further growth.  Yet this is known to be more difficult politically; and moreover, because it requires major improvements in productivity in services, the skill composition of China’s labour force will require a major upgrade to achieve it.  The Chinese economy and government has surmounted greater obstacles in recent decades but these are daunting and they have implications not only for China’s economic performance but also for the global economy and that of Australia in particular.

The UWA Business School’s research group on the Chinese economy is undertaking research on elements of these key issues that includes global and national modeling to help understand how alternative growth scenarios for China, and the numerous looming roadblocks to this growth, will affect the international economy and the performance of China’s trading partners.

At the workshop participants present draft research papers for detailed discussion with a view to polishing for submission to a high-ranking academic journal.  Each participant will both present one paper and be a discussant on another.

Workshop Schedule

Presentation days: Wednesday 3 April and Thursday 4 April 2013

Public forum (“Breakfast by the Bay”) on the Chinese Economy: Morning of Friday 5 April

Papers for Presentation:

Xiaobo Zhang Immiserizing Growth: Some Evidence (from China with Hope for Love) [.pdf 1.3mb]
Harry X Wu China's Growth and Productivity Performance Debate Revisited [.pdf 803kb]
Yao Yang Elitism and Returns to CPC Membership in China [.pdf 299kb]
Miaojie Yu Export Intensity and Input Trade Liberalization: Evidence from Chinese Firms [.pdf 318kb]
Guonan Ma Is China or India more financially open? [.pdf 1mb]
Qingyuan Du Roads and the Real Exchange Rate [.pdf 880kb]
Nic Groenewold and An Ping Chen Regional Effects of an Emmissions-Reduction Policy in China: Taxes, Subsidies and the Method of Financing [.pdf 641kb]
Peter Robertson Human Capital and the Hukou Constraint: Implications for China's Growth [.pdf 164kb]
Yanrui Wu Productivity, Economic Growth and Middle Income Traps: Implications for China [.pdf 290kb]
Rod Tyers Looking Inward for Transformative Growth in China [.pdf 275kb]
Zhaoyong Zhang The RMB Exchange Rate and its Impact on the Trade Balance [.pdf 240kb]

Visiting Participants

Dr Xiaobo Zhang, International Food Policy Research Institute (Washington DC) and China Center for Economic Research, National School of Development, Peking University, Beijing

Professor Harry X Wu, Institute of Economic Research at Hitotsubashi University, Tokyo

Professor Yao Yang, Director, National School of Development, Peking University, Beijing

Dr Miaojie Yu, China Center for Economic Research, National School of Development, Peking University, Beijing

Dr Guonan Ma, Bank for International Settlements, Hong Kong Regional Office

Dr Qingyuan Du, Recently from Columbia University and now at Monash University in Melbourne

Associate Professor Ligang Song, Director, China Economy Program, Crawford School, ANU

Dr Jane Golley, Associate Director, Centre for China in the World, ANU
Associate Professor Zhaoyong Zhang, Edith Cowan University, Perth