Ho, Chun-Yu; Ho, Wai-Yip Alex; Li, Dan - In: World Development 38 (2010) 9, pp. 1315-1327
Summary This paper examines inter-provincial consumption risk sharing and intertemporal consumption smoothing across Chinese provinces before and after the 1979 economic reform. Our results indicate that the degree of consumption risk sharing among Chinese provinces is lower than that within the...