Li, Chao; Gibson, John - In: Asian Development Review 31 (2014) 1, pp. 92-120
tradable goods such as food may be misplaced because of the emerging literature on the rapid convergence of traded goods prices … within the PRC that contrasts with earlier claims of fragmented internal markets. In a setting where traded goods prices … housing given the fixity of land. In this paper we use newly available data on dwelling sales in urban PRC to develop …