Economic integration of the Chinese provinces

This paper uses a correlation of business cycles to gauge the degree of economic integration of the Chinese provinces. The more integrated the provincial economies are, the stronger their correlations should be. Only the correlations between some provinces in eastern China are found to be consistent...

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Bibliographic Details
Main Author: Tang, Kam-Ki
Corporate Author: Australian National University
Format: Book
Published: Australia: National Centre for Development Studies, 1998.
Edition:Internet ed..
Series:China economy papers; 98/1
Subjects:
Online Access:http://apseg.anu.edu.au/pdf/china/ce98-1.pdf
Description
Summary:This paper uses a correlation of business cycles to gauge the degree of economic integration of the Chinese provinces. The more integrated the provincial economies are, the stronger their correlations should be. Only the correlations between some provinces in eastern China are found to be consistently strong, suggesting that an integrated national economy is yet to be shaped. It also implies that treating China as a single entity could be misleading-even at the macro level-especially in analysing China's business cycles.
Item Description:Electronic article in PDF format
ISBN:0731523709