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Economic Integration of the Chinese Provinces: A Business Cycle Approach

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  • Tang, K. K.

    ()
    (The Australian National University)

Abstract

This 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 Info

Article provided by Center for Economic Integration, Sejong University in its journal Journal of Economic Integration.

Volume (Year): 13 (1998)
Issue (Month): ()
Pages: 549-570

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Handle: RePEc:ris:integr:0087

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Web page: http://econo.sejong.ac.kr/
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Related research

Keywords: Economic Integration; Chinese Provinces;

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Cited by:
  1. Xu, Xinpeng, 2002. "Have the Chinese provinces become integrated under reform?," China Economic Review, Elsevier, vol. 13(2-3), pages 116-133.
  2. Gerlach-Kristen, Petra, 2009. "Business cycle and inflation synchronisation in Mainland China and Hong Kong," International Review of Economics & Finance, Elsevier, vol. 18(3), pages 404-418, June.
  3. Xinpeng Xu, 2002. "Les provinces chinoises se sont-elles intégrées durant les réformes ?," Revue d’économie du développement, De Boeck Université, vol. 16(3), pages 9-32.
  4. Jan Fidrmuc & Jarko Fidrmuc & Shuo Huang, 2013. "Whither China? Reform and Economic Integration among Chinese Regions," CEDI Discussion Paper Series 13-01, Centre for Economic Development and Institutions(CEDI), Brunel University.
  5. Li, Cheng, 2010. "Savings, investment, and capital mobility within China," China Economic Review, Elsevier, vol. 21(1), pages 14-23, March.
  6. World Bank, 2005. "China : Integration of National Product and Factor Markets, Economic Benefits and Policy Recommendations," World Bank Other Operational Studies 8690, The World Bank.
  7. Xu, Xinpeng & Voon, J. P., 2003. "Regional integration in China: a statistical model," Economics Letters, Elsevier, vol. 79(1), pages 35-42, April.
  8. Changchun Hua & Douglas H. Brooks, 2010. "Asian Trade and Global Linkages," Working Papers id:3094, eSocialSciences.
  9. Herrmann-Pillath, Carsten & Libman, Alexander & Xiaofan, Yu, 2010. "State and market integration in China: A spatial econometrics approach to 'local protectionism'," Frankfurt School - Working Paper Series 137, Frankfurt School of Finance and Management.
  10. Herrmann-Pillath, Carsten & Libman, Alexander & Yu, Xiaofan, 2014. "Economic integration in China: Politics and culture," Journal of Comparative Economics, Elsevier, vol. 42(2), pages 470-492.

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