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DC Field | Value | Language |
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dc.contributor.author | Fidrmuc, J | - |
dc.contributor.author | Fidrmuc, J | - |
dc.contributor.author | Huang, S | - |
dc.date.accessioned | 2013-05-07T11:10:09Z | - |
dc.date.available | 2013-05-07T11:10:09Z | - |
dc.date.issued | 2013 | - |
dc.identifier.citation | Economics and Finance Working Paper, Brunel University: 13-11, May 2013 | en_US |
dc.identifier.uri | http://bura.brunel.ac.uk/handle/2438/7424 | - |
dc.description | This article has been made available through the Brunel Open Access Publishing Fund. | - |
dc.description.abstract | This paper investigates the changing nature of economic integration in China. Specifically, we consider business-cycle synchronization (correlation of demand and supply shocks) among Chinese provinces during the period 1955-2007. We nd that the symmetry of supply shocks has declined after the liberalization initiated in 1978. In contrast, the correlation of demand shocks has increased during the same period. We then seek to explain these correlations by relating them to factors that proxy for interprovincial trade and vulnerability of regions to idiosyncratic shocks. Interprovincial trade and similarity in factor endowments tend to make shocks more symmetric. Surprisingly, foreign trade and inward FDI have little effect on the symmetry of shocks. | en_US |
dc.language.iso | en | en_US |
dc.publisher | Brunel University | en_US |
dc.subject | VAR model | en_US |
dc.subject | Business cycle synchronization | en_US |
dc.subject | China | en_US |
dc.subject | Reform | en_US |
dc.title | Whither China? Reform and economic integration among Chinese regions | en_US |
dc.type | Article | en_US |
pubs.organisational-data | /Brunel | - |
pubs.organisational-data | /Brunel/Brunel Active Staff | - |
pubs.organisational-data | /Brunel/Brunel Active Staff/School of Social Sciences | - |
pubs.organisational-data | /Brunel/Brunel Active Staff/School of Social Sciences/Economics and Finance | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Social Sciences - URCs and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Social Sciences - URCs and Groups/Centre for Economic Development and Institutions | - |
Appears in Collections: | Economics and Finance Publications Brunel OA Publishing Fund Dept of Economics and Finance Research Papers |
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