Impact of CEPA on the labor market of Hong Kong

被引：29

作者：

Ching, Steve ^{[4
]}

Hsiao, Cheng ^{[2
,3
,4
]}

Wan, Shui Ki ^{[1
]}

机构：

[1] Hong Kong Baptist Univ, Hong Kong, Hong Kong, Peoples R China

[2] Xiamen Univ, WISE, Xiamen, Peoples R China

[3] Univ So Calif, Los Angeles, CA 90089 USA

[4] City Univ Hong Kong, Hong Kong, Hong Kong, Peoples R China

来源：

CHINA ECONOMIC REVIEW | 2012年 / 23卷 / 04期

基金：

中国国家自然科学基金;

关键词：

Panel data; Counterfactual analysis; Hong Kong labor market; Unemployment; SELECTION;

D O I：

10.1016/j.chieco.2012.04.017

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A panel data method is used to evaluate the impact of the Closer Economic Partnership Agreement (CEPA) signed between Mainland China and Hong Kong. Using the time series data of Hong Kong, Austria, Denmark, Finland, France, Germany, Italy, Japan, Korea, Netherlands, Norway, Singapore, Taiwan, U.K., and U.S. to construct what would have happened to Hong Kong's unemployment rate had there been no CEPA, we find that the CEPA effects gradually increases over time and eventually reached a constant level of reducing Hong Kong's unemployment rate by 9% a year. Crown Copyright (C) 2012 Published by Elsevier Inc. All rights reserved.

引用

页码：975 / 981

页数：7

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