Time series analysis of income convergence in China
Hening Liu and
Le Wang
Applied Economics Letters, 2010, vol. 17, issue 1, 25-29
Abstract:
In this article, we examine both pre- and post-reform economic convergence behaviour in China using the time-series procedures developed in the Hobijn and Franses (2000). Our results are striking: First, we find a number of extremely small convergence clubs for both the pre- and post-reform periods, and these clubs cannot be characterized by geography or the extent of policy preference level. Second, our results show that economic reform led to more divergence .
Date: 2010
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DOI: 10.1080/13504850701719728
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