Economic Integration of the Chinese Provinces: A Business Cycle Approach

Kam Ki Tang

Journal of Economic Integration, 1998, vol. 13, 549-570

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.

Keywords: Economic Integration; Chinese Provinces (search for similar items in EconPapers)
JEL-codes: E30 O10 (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0087

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