Re-estimation of capital flights from China: 1982-2005

Authors: Wang, Zhenquan¹; Wang, Shouyang²; Huang, Tonghua³

Source: Applied Economics Letters, Volume 16, Number 9, June 2009 , pp. 971-976(6)

Publisher: Routledge, part of the Taylor & Francis Group

Buy & download fulltext article:

Price: $50.43 plus tax (Refund Policy)

Abstract:

Cuddington and World Bank-method are modified with trade credits and trade misinvoicing to estimate the short-term and total capital flight (CF) from China. Trade Misinvoicing are adjusted with the transit trade through Hong Kong. It is shown that the short-term is the main component of the CFs from China. Export under-invoicing is the main channel of CFs since 1994, and illegal capital inflow and CF exist simultaneously in China.

Document Type: Research article

DOI: http://dx.doi.org/10.1080/13504850701222038

Affiliations: 1: Economics and Management School, Beijing Institute of Petrol-chemical Technology, Beijing, China 2: Academy of Mathematics and Systems Sciences, Chinese Academy of Sciences, Beijing, China 3: Economics and Management School, Beijing Institute of Petrol-chemical Technology, Beijing, China,Beijing University of Chemical Technology, Beijing, China

Publication date: 2009-06-01

More about this publication?