题 目：Whither China? Reform and Economic Integration among Chinese Regions
论文提要:
This paper investigates the changing nature of economic integration in China. Specifically, we consider business-cycle synchronization (correlation of demand and supply shocks)among Chinese provinces during the period 1955-2007. We find that the symmetry of supply shocks has declined after the liberalization initiated in 1978. In contrast, the correlationof demand shocks has increased during the same period. We then seek to explain thesecorrelations by relating them to factors that proxy for interprovincial trade and vulnerability of regions to idiosyncratic shocks. Interprovincial trade and similarity in factorendowments tend to make shocks more symmetric. Surprisingly, foreign trade and inwardFDI have little effect on the symmetry of shocks.
时 间：2014年4月21日 14：30—16：00
地 点：光华楼1911会议室
主办单位：金融安全协同创新中心
主讲人简介：
黄硕，经济学博士，毕业于英国布鲁内尔大学。2011年9月任教于西南财经大学公共管理学院，研究兴趣包括经济增长及波动、区域经济发展和地方债务问题。
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