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Why is Chinese Regional Output Diverging?

Westerlund, Joakim LU ; Edgerton, David LU and Opper, Sonja LU (2008) In Working Papers, Department of Economics, Lund University 2008(15).
Abstract
In a recent paper Pedroni and Yao (2006) present strong evidence suggesting that Chinese regional output is diverging, a result that flies in the face of the current opinion of Chinese policymakers. This paper provides an in-depth analysis of the reasoning behind this finding. Our main result is that divergence does exist, even when new data and more advanced methods of analysis are used. We also find that it has both an idiosyncratic and a common component. Hence, the increased output inequalities observed at the regional level are due to both region-specific disparities and to disparities between clubs of regions.
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author
organization
publishing date
type
Working Paper
publication status
published
subject
keywords
Panel unit root tests, China, Output convergence
in
Working Papers, Department of Economics, Lund University
volume
2008
issue
15
publisher
Department of Economics, Lund Universtiy
language
English
LU publication?
yes
id
21fcd9aa-b0b3-4ef0-8a15-cb0a8ff29774 (old id 1388401)
alternative location
http://swopec.hhs.se/lunewp/abs/lunewp2008_015.htm
date added to LUP
2009-04-20 12:27:30
date last changed
2016-10-11 09:04:50
@misc{21fcd9aa-b0b3-4ef0-8a15-cb0a8ff29774,
  abstract     = {In a recent paper Pedroni and Yao (2006) present strong evidence suggesting that Chinese regional output is diverging, a result that flies in the face of the current opinion of Chinese policymakers. This paper provides an in-depth analysis of the reasoning behind this finding. Our main result is that divergence does exist, even when new data and more advanced methods of analysis are used. We also find that it has both an idiosyncratic and a common component. Hence, the increased output inequalities observed at the regional level are due to both region-specific disparities and to disparities between clubs of regions.},
  author       = {Westerlund, Joakim and Edgerton, David and Opper, Sonja},
  keyword      = {Panel unit root tests,China,Output convergence},
  language     = {eng},
  note         = {Working Paper},
  number       = {15},
  publisher    = {Department of Economics, Lund Universtiy},
  series       = {Working Papers, Department of Economics, Lund University},
  title        = {Why is Chinese Regional Output Diverging?},
  volume       = {2008},
  year         = {2008},
}