countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity …. Nonetheless, previous empirical studies often fail to account for productivity effects, and their results may overstate the role … controlling for productivity effects. Indeed, when market competition and productivity effects are both accounted for, trade …

The study assesses the level of integration among the three Greater China economies (namely China, Hong Kong, and … Taiwan) and examines the suitability of a Greater China currency union. Currently, the three economies have extensive trade …

The status of real and financial integration of China, Hong Kong, and Taiwan is investigated using monthly data on one … the parity conditions is shrinking over time. In particular, China and Hong Kong appear to have experienced significant …