The Lack of Market Integration in the Chinese Beer and Wine Markets: Evidence from Stationarity Test

Chi Keung Lau; Zhibin Lin; David Boansi; Jie Kitt Ma

doi:10.1057/9781137466181_7

The Lack of Market Integration in the Chinese Beer and Wine Markets: Evidence from Stationarity Test

Chi Keung Lau, Zhibin Lin, David Boansi, Jie Kitt Ma

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

1 Citation (Scopus)

Abstract

Prior to economic and market reforms, China was a relatively closed society in deep economic stagnation, mainly due to excessive centralized bureaucratic control, misallocation of both investments and outputs, and generally low factor productivity. The reforms introduced in the 1970s aimed at improving the country’s economic situation through reducing (but not eliminating) centralized planning and direct control in order to correct the economic deficiencies (Perkins, 1988).

Original language	English
Title of host publication	Brewing, Beer and Pubs
Subtitle of host publication	A Global Perspective
Editors	Ignazio Cabras, David Higgins, David Preece
Publisher	Palgrave Macmillan Ltd.
Pages	123-144
Number of pages	22
ISBN (Print)	9781137466174
DOIs	https://doi.org/10.1057/9781137466181_7
Publication status	Published - 23 Mar 2016
Externally published	Yes

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Cite this

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The Lack of Market Integration in the Chinese Beer and Wine Markets : Evidence from Stationarity Test. / Lau, Chi Keung; Lin, Zhibin; Boansi, David et al.

Brewing, Beer and Pubs: A Global Perspective. ed. / Ignazio Cabras; David Higgins; David Preece. Palgrave Macmillan Ltd., 2016. p. 123-144.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

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AU - Boansi, David

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The Lack of Market Integration in the Chinese Beer and Wine Markets: Evidence from Stationarity Test

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