China. The novel feature of our approach is that at a very disaggregated level of individual products, we can measure … evasion relatively precisely, by comparing the values that China reports as imports from Hong Kong, with what Hong Kong … reports as exports to China. We can match up this evasion gap' with the tariff (and VAT tax) schedule at the product level …

relatively favorable demographic pattern in combination with market-oriented reforms and openness to the world economy, China is …, we assess the likelihood that China can make the necessary transition. Using data on expenditure on research and …