Gradual reforms and the emergence of energy market in China: Evidence from tests for convergence of energy prices
This study investigates the emergence of energy markets by testing for convergence of energy prices with a new dataset on energy spot prices in 35 major cities in China. Both descriptive statistics and unit root are employed to test the convergence of energy prices for each of four fuel price series...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Elsevier Science
2009
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| Online Access: | http://hdl.handle.net/20.500.11937/20128 |