Fidrmuc, Jan; Fidrmuc, Jarko; Huang, Shuo - 2021
This paper investigates the changing nature of economic integration in China. Specifically, we consider business … proxy for interprovincial trade and vulnerability of regions to idiosyncratic shocks. Interprovincial trade and similarity … in factor endowments tend to make shocks more symmetric. Surprisingly, foreign trade and inward FDI have little effect on …