Brosig, Stephan; Weitzel, Enno-Burghard; Glauben, Thomas; … - In: The Empirical Economics Letters 6 (2007) 5, pp. 431-437
The development over time of market integration between Chinese provinces is analyzed by estimating threshold vector error correction models for rolling windows during 1998-2003. Transaction costs clearly decrease during this period characterized by liberalization of external trade and domestic...