Offprint_Factor price convergence_Ho_Han_Liou_Taiwan Published Paper.pdf (646.69 kB)

Factor price convergence between small-north and large-south economies: evidence from Taiwan and China

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journal contribution
posted on 26.01.2021, 16:30 by Fu-Chu Ho, Tien-Der Han, Ming-Huan Liou
Along with the boom of the North-South trade, factor price convergence (FPC) becomes a concern in developed economies. It is because the real wage level of a developed economy can be stagnant or declines when major economic partners of those developed economies are less developed and large economies. Being the largest economy and strong economic interaction with Taiwan, China, together with Taiwan, provides a great opportunity to verify FPC. Through panel unit root test and from a long-run dynamic view, we surprisingly find that FPC does not hold from the nationwide viewpoint, but it does hold between the east-costal region of China and Taiwan.

History

School

  • Business and Economics

Department

  • Economics

Published in

The Empirical Economics Letters

Volume

15

Issue

7

Pages

637 - 648

Publisher

The Empirical Economics Letters (EEL)

Version

VoR (Version of Record)

Rights holder

© The Empirical Economics Letters (EEL)

Publisher statement

This paper was published in the journal The Empirical Economics Letters and the publisher's website is at: http://www.eel.my100megs.com/. This paper appears here with the publisher's permission.

Publication date

2016-07-01

ISSN

1681-8997

Language

en

Depositor

Dr Tien-Der Jerry Han. Deposit date: 20 January 2021