Ha, Jiming; Fan, Kelvin - In: Asian Economic Journal 18 (2004) 4, pp. 405-421
Consumer prices in Hong Kong at the time of writing have declined by 15 percent from the peak recorded in 1998. We investigate the deflationary impact on Hong Kong of price convergence with the Mainland China, using 1990-2001 annual data on commodity prices in the former and in major cities of...