China enjoyed unprecedented economic growth in the 1980s and 1990s. Associated with this growth was the rapid expansion of exports from the Chinese regions. This study aims to provide an empirical assessment of export performance in the Chinese regions during 1992-2001. It has shown that, on an...

Sustained economic growth in China has triggered a surge of energy imports, especially oil imports. This paper investigates the determinants of China’s energy import demand by using cointegraiton and VECM techniques. The findings suggest that, in the long run, growth of industrial production...

This paper explores weak and semi-stong efficiency for both A and B shares traded on the Shanghai and Shenzhen stock exchanges using daily data for seven indexes for the period 1992-2001. We find evidence of departures from weak efficiency in the form of predictability or returns on the basis of...

This paper examines technical efficiency and its determinants in Chinese manufacturing industries using survey data at the sector level. A stochastic frontier approach is applied to estimate technical efficiency rates for individual sectors. In particular, the empirical analysis focuses on...

When attempting to identify empirical regularities in consumption patterns, their tremendous diversity across countries represents both a major opportunity and challenge. For example, consumers in rich countries devote less than 20 percent of their budget to food, while this rises to more than...

This paper presents an overview of the current situations and reforms in China's telecommunications sector. It particularly focuses on the service areas. The main issues addressed in clude recent growth, organisational structure and reforms, key players and competition, ownership and growth...

China and India have recently achieved spectacular economic growth. However, services in these two Asian giants have played a very different role. In India, the service sector contributes to more than 54 per cent of GDP while its GDP share in China is much smaller (below 41 per cent in 2004). To...

In 2003 China’s energy consumption amounted to 1678 million tonnes coal equivalent (MTCE), making China the world’s second largest consumer behind only the United States. China is now also one of the largest oil importers in the world. With an economy which is expected to maintain a rate of...

This paper investigates the interrelationships between prices on the mainland Chinese share market and those in the neighbouring markets of Hong Kong and Taiwan. While there is a growing literature on interrelationships between share market including the emerging markets in Asia, very little is...

International food consumption has attracted a lot of attention in the literature. In particular, a series of studies have been conducted using the popular International Comparison Project (ICP) databases (released in the 1970s and 1980s). This paper adds to the growing literature by presenting...