Huang, Shuo; Fidrmuc, Jan; Fidrmuc, Jarko - In: China Economic Review 33 (2015) C, pp. 94-110
This paper investigates the changing nature of economic integration in China. Specifically, we consider business-cycle synchronization (correlation of demand and supply shocks) among Chinese provinces during the period 1955–2011. We find that the symmetry of supply shocks has declined after...