| ID | 116519 |
| Title Proper | Impact of CEPA on the labor market of Hong Kong |
| Language | ENG |
| Author | Ching, Steve ; Hsiao, Cheng ; Wan, Shui Ki |
| Publication | 2012. |
| Summary / Abstract (Note) | 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. |
| `In' analytical Note | China Economic Review Vol. 23, No.4; Dec 2012: p.975-981 |
| Journal Source | China Economic Review Vol. 23, No.4; Dec 2012: p.975-981 |
| Key Words | Panel Data ; Counterfactual Analysis ; Hong Kong Labor Market ; Unemployment |