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Energy prices and China’s international competitiveness

Chen, Guifu and Hamori, Shigeyuki (2009): Energy prices and China’s international competitiveness.

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Abstract

This paper uses the CCF approach to analyze and determine whether there is a causal relationship between the world energy price index and China’s international competitiveness. The data on the volatility of energy prices can provide information in addition to that available in the price data alone. Our analysis suggests that the volatility of energy prices has significant implications concerning information linkages between the energy market and China’s international competitiveness.

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