Journal of Economic Studies: Volume 32 Issue 1

Rural‐urban and regional inequality in output, income and consumption in China under economic reforms

Shujie Yao, Zongyi Zhang, Gengfu Feng

Fast growth in China has led to significant improvement in people's living standards and average income. However, it has also brought about a huge rise in inequality. The purpose…

A note on the relationship between real wages and employment: Further evidence from panel cointegration tests

Dimitris K. Christopoulos

Tests for the existence of a long‐run relationship between real wages and employment, utilising annual data from 1961‐1996 for a panel of 12 European Union countries.

Thomas Edison's “except one”: The monetary views of Arthur Kitson revisited

David Hammes, Douglas Wills

This paper examines the monetary thought of Arthur Kitson (1861‐1937) as expressed in his published works and in recently discovered answers he submitted in 1922 to a…

Social discount rates for member countries of the European Union

David J. Evans, Haluk Sezer

This paper sets out to estimate discount rates for EU members, on a consistent time preference basis, for application in the appraisal of social projects. The value of the…

Can developing countries benefit from export promotion?

Xiangkang Yin, Xiangshuo Yin

Although economic theory generally does not support government intervention in international trade, casual observation shows that many developing countries adopt certain trade…