Economic Integration of the Chinese Provinces: A Business Cycle Approach
AbstractThis paper uses 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. Secondly, the results imply that treating China as a single entity could be misleading, even at the macro level, especially in understanding China’s business cycles.
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Bibliographic InfoArticle provided by Center for Economic Integration, Sejong University in its journal Journal of Economic Integration.
Volume (Year): 13 (1998)
Issue (Month): ()
Economic Integration; Chinese Provinces;
Find related papers by JEL classification:
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
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