LEADER 05210oam 22012494 450 001 9910788229403321 005 20230721045703.0 010 $a1-4623-2549-1 010 $a1-4527-9748-X 010 $a9786612843822 010 $a1-282-84382-6 010 $a1-4518-7316-6 035 $a(CKB)3170000000055322 035 $a(EBL)1608398 035 $a(SSID)ssj0000940734 035 $a(PQKBManifestationID)11494006 035 $a(PQKBTitleCode)TC0000940734 035 $a(PQKBWorkID)10955492 035 $a(PQKB)11396780 035 $a(OCoLC)712987798 035 $a(MiAaPQ)EBC1608398 035 $a(IMF)WPIEE2009169 035 $a(EXLCZ)993170000000055322 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEmployment Effects of Growth Rebalancing in China 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a1 online resource (18 p.) 225 1 $aIMF Working Papers 300 $a"August 2009." 311 $a1-4519-1744-9 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. Sectoral Employment Allocation; A. Sectoral Distribution of Employment; B. Regional Distribution of Employment; C. Skills Intensity of Employment by Sector; D. Labor Intensity by Sector; III. Employment Effects of Rebalancing; A. Determinants of the Sectoral Allocation of Employment from Cross-Country Experience; B. Model-based simulations of the potential impact on employment of rebalancing growth; Appendix: Key Features of the GIMF Model; References 330 3 $aThis paper gauges the potential effects on employment of rebalancing China's exportoriented growth model toward domestic demand, particularly private consumption. Shifting to a private consumption-led growth likely means more demand for existing and new services as well as reorienting the production of tradable goods toward domestic markets. In China's case, this would also imply moving a large number of less skilled labor from the tradable sector to the nontradable sector. The paper shows that while rebalancing China's growth toward a domestic-demand-led economy would likely raise aggregate employment and employment opportunities in the longer term, there could be employment losses in the short run as the economy moves away from the tradable sector toward the nontradable sector. Mitigating these costs will require active labor market policies to cushion the employment impact in the transition, particularly in meeting the skills gap of associated with this transition. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/169 606 $aExports$zChina 606 $aImports$zChina 606 $aLabor market$zChina 606 $aLabor$2imf 606 $aMacroeconomics$2imf 606 $aIndustries: Service$2imf 606 $aProduction and Operations Management$2imf 606 $aEmployment$2imf 606 $aUnemployment$2imf 606 $aWages$2imf 606 $aIntergenerational Income Distribution$2imf 606 $aAggregate Human Capital$2imf 606 $aAggregate Labor Productivity$2imf 606 $aIndustry Studies: Services: General$2imf 606 $aLabor Economics: General$2imf 606 $aMacroeconomics: Consumption$2imf 606 $aSaving$2imf 606 $aWealth$2imf 606 $aMacroeconomics: Production$2imf 606 $aLabour$2imf 606 $aincome economics$2imf 606 $aServices sector$2imf 606 $aGovernment consumption$2imf 606 $aProductivity$2imf 606 $aEconomic theory$2imf 606 $aService industries$2imf 606 $aLabor economics$2imf 606 $aConsumption$2imf 606 $aEconomics$2imf 606 $aIndustrial productivity$2imf 607 $aChina$xEconomic conditions 607 $aChina, People's Republic of$2imf 615 0$aExports 615 0$aImports 615 0$aLabor market 615 7$aLabor 615 7$aMacroeconomics 615 7$aIndustries: Service 615 7$aProduction and Operations Management 615 7$aEmployment 615 7$aUnemployment 615 7$aWages 615 7$aIntergenerational Income Distribution 615 7$aAggregate Human Capital 615 7$aAggregate Labor Productivity 615 7$aIndustry Studies: Services: General 615 7$aLabor Economics: General 615 7$aMacroeconomics: Consumption 615 7$aSaving 615 7$aWealth 615 7$aMacroeconomics: Production 615 7$aLabour 615 7$aincome economics 615 7$aServices sector 615 7$aGovernment consumption 615 7$aProductivity 615 7$aEconomic theory 615 7$aService industries 615 7$aLabor economics 615 7$aConsumption 615 7$aEconomics 615 7$aIndustrial productivity 712 02$aInternational Monetary Fund.$bAsia and Pacific Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788229403321 996 $aEmployment Effects of Growth Rebalancing in China$93704123 997 $aUNINA