This paper explores the linkages between the different stock markets in the Greater China region. Cointegration tests …. The empirical findings indicate spillover effects in both mean and variance between the markets. Both China and Hong Kong … their volatility processes. The later markets also show clear signs of asymmetric volatility effects, while China's market …

agricultural rationing, we first check if the model stands up to China's data from 1949-1992, we find that the importance of … consumption is also less than that of investment. Such findings are consistent with the reality of China. …