Re-estimation of capital flights from China: 1982-2005

Cuddington and World Bank-method are modified with trade credits and trade misinvoicing to estimate the short-term and total capital flight (CF) from China. Trade Misinvoicing are adjusted with the transit trade through Hong Kong. It is shown that the short-term is the main component of the CFs from China. Export under-invoicing is the main channel of CFs since 1994, and illegal capital inflow and CF exist simultaneously in China.

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Year of publication:	2009
Authors:	Wang, Zhenquan ; Wang, Shouyang ; Huang, Tonghua
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 16.2009, 9, p. 971-976
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004966458