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The Economic Integration of Greater China : Real and Financial Linkages and the Prospects for Currency Union by Yin-Wong Cheung
List of Illustrations ix Preface xi Acknowledgements xv Introduction 1 (4) China: The Recent Experience 5 (28) Economic Integration: Definition and Measurement 33 (16) Integration within Greater China 49 (20) Currency Union and Output Costs 69 (12) Concluding Remarks 81 (12) Appendices 93 (36) Is China's Economic Performance Unprecedented? 94 (1) Chinese GDP Growth: Deliberate Falsification or Statistical Shortcomings 95 (3) Calculation of PPP-Based GDP Output 98 (4) US--China Bilateral Trade: How Large is the Deficit? 102 (3) The Three Parity Conditions 105 (3) Statistical Procedures and Detailed Empirical Results 108 (11) The Output Cost of Forming a Currency Union 119 (7) Data Description 126 (3) Notes 129 (12) References 141
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