This paper contributes to the pool of studies of rural underemployment in China. It is devoted to the conceptualization and measurement of surplus labour. The agricultural labour requirement function is estimated by the stochastic frontier analysis (SFA) with China’s prefecture-level data....

Electricity market integration in East Asia is an important component of the energy market integration (EMI) initiatives supported by the East Asian Summit (EAS) member countries. It is argued that an integrated East Asian electricity market would allow consumers to have access to competing...

Regional disparities in China have recently attracted the attention of economists both inside and outside China. In particular, researchers and policy makers are concerned with how economic reforms have affected regional disparities in China. As a result, there has been a boom in the literature....

Economic reforms and the subsequent growth in income have brought great changes in the distribution of wealth and consumers’ behaviour in China. In particular, the emergence of the “new rich” has important social and economic implications for China as well as the rest of the world....

Yanrui Wu addresses some of the most critical macroeconomic issues associated with East Asian growth. Principally focusing on the most rapidly emerging economies in the region, the author covers a broad base of topics. Several determinants of growth are examined and in each case an analytical...