Spatial Price Differences in China : Estimates and Implications

@inproceedings{Brandt2004SpatialPD,
  title={Spatial Price Differences in China : Estimates and Implications},
  author={Loren Brandt},
  year={2004}
}
Prices differ across space: from province to province, from rural (or urban) areas in one province to rural (or urban) areas in another province, and from rural to urban areas within one province. Systematic differences in prices across a range of goods and services in different localities imply regional differences in the costs of living. If high-income provinces also have high costs of living, and low-income provinces have low costs of living, the use of nominal income measures in explaining… CONTINUE READING
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