Job creation and job destruction in China during 1998–2007

We document the patterns of job flows in China during the period 1998 and 2007. * We study job flow patterns associated with the SOEs restructuring reform. * We study the impact of trade liberalization on job flow patterns. * Small private firms, young firms, firms with large export shares have higher job creation rates (also in both net and gross terms). * Econometric analyses show that trade liberalization encourages job creation and generates net job growth, while the depreciation of the industry-specific real exchange rate significantly increases net employment by reducing job destruction... Mehr ...