CAJ | 학술논문

文章主要分析在汇率冲击下，中国可贸易行业1998--2009年劳动力市场的调整过程。文章利用实际有效汇率指标和动态面板估计方法分析影响劳动力市场调整的不同渠道。结果表明，汇率贬值通过出口渠道增加就业和降低工资，通过进口渠道降低就业和提高工资，通过效率渠道促进就业和降低工资。高贸易依存度行业的就业汇率弹性大于低贸易依存度行业，低加成比例行业的就业汇率弹性大于高加成比例行业，劳动力技术结构是影响就业汇率弹性的重要因素。
문장주요분석재회솔충격하，중국가무역행업1998--2009년노동력시장적조정과정。문장이용실제유효회솔지표화동태면판고계방법분석영향노동력시장조정적불동거도。결과표명，회솔폄치통과출구거도증가취업화강저공자，통과진구거도강저취업화제고공자，통과효솔거도촉진취업화강저공자。고무역의존도행업적취업회솔탄성대우저무역의존도행업，저가성비례행업적취업회솔탄성대우고가성비례행업，노동력기술결구시영향취업회솔탄성적중요인소。
This paper mainly analyzes the labor market adjustment of tradable sectors under exchange rate fluctuations from 1998 to 2009. It employs real effective exchange rate index and dynamic panel method to estimate the impacts of different channels on labor market adjustment. The results reveal that the exchange rate depreciation results in the increase in employment and the reduction in wage level through export channel, and breeds the reduction in employment and the increase in wage level through import channel; in addition, it promotes the employment and decreases the wage level by efficiency channel. The elasticity of employment with respect to exchange rate in industries with high dependence on foreign trade is greater than the one in industries with low dependence on foreign trade, and the elasticity of employment with respect to exchange rate in industries with high mark up is greater than the one in industries with low mark up. Besides,labor technical structure is one of major factors affecting the elasticity of employment with respect to exchange rate.