JEANNENEY, Sylviane GUILLAUMONT; HUA, Ping - Centre d'Études et de Recherches sur le Développement … - 2001
The Balassa-Samuelson effect is employed to explain the observed differences in inflation between the Chinese provinces. A three-good model is proposed to better take account of the specific features of China. This model which includes, besides Balassa-Samuelson effect, demand side factors, is...