The Impact of Foreign Direct Investment on Income Distribution in China

"This specialist new economics book investigates how foreign direct investment inflow exerts influences on China¿s income inequality levels. Written by leading Chinese economist and academic Shiguo Liu it outlines the empirical affects of FDI using dynamic panel data mining techniques, which the author has extrapolated from a large amount of government-level source data. Income inequality is starting to exert real pressure on China¿s economy and politics. This book aims to build a bridge between FDI and China¿s income distribution issues. It sets out a general equilibrium macroeconomic model for China, then empirically tests the theoretical conclusions of this model using firm-level panel data. The Impact of FDI on China¿s Income Distribution is organised into clear sections, each tackling a key topic or issue: - an explanation of how the author has researched the FDI-inequality nexus - a succinct survey of the available research findings on this subject, plus the author¿s clarification of the key elements at play - a carefully set out general equilibrium model based on endogenous growth theory for an open economy ¿ including macro, middle and micro perspectives on the FDI-income inequality nexus - an outline of the dynamic panel data method used in this key book - estimated statistical models for the impacts of FDI on wages and employment levels in China - the author evaluates most inequality measures and applies Theil¿s index to his findings. Author Shiguo Liu is a research fellow of the Section of Global Macroeconomics, Institute of World Economics and Politics (IWEP), and the Chinese Academy of Social Sciences (CASS). Published by China specialist Paths International in association with Social Sciences Academic Press."