Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5084076 | International Review of Economics & Finance | 2009 | 15 Pages |
Abstract
This paper uses annual data spanning 1962 to 2003 to examine whether business and inflation cycles have become more similar across Chinese provinces as the economy has been liberalised and modernised. We find evidence of synchronisation, although business cycles in a group of mainly northwestern provinces appear to have diverged from those in the rest of China. Both the business and inflation cycles in Hong Kong seem to have become increasingly synchronised with those in the Mainland over recent years.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Petra Gerlach-Kristen,