Chen, Jie (contributor); Zhu, Aiyong (contributor) - 2008 - This version: Dec.02, 2008
China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric … techniques for panel unit root testing and heterogeneous panel cointegration analysis are employed. The empirical results provide …. The variations across regions are detected and reasons for this fact are discussed. Based on the panel ECM, we show that …