IDEAS home Printed from https://ideas.repec.org/a/taf/apbizr/v28y2022i5p740-764.html
   My bibliography  Save this article

Hong Kong’s economic integration with Chinese mainland: an index and cointegration analysis of socio-economic indicators

Author

Listed:
  • Geng Cui
  • Yuho Chung

Abstract

We use archival data from various sources between 1990 and 2019 to construct a comprehensive index of economic integration between Hong Kong and Chinese mainland. The results indicate that the two economies have become highly integrated and interdependent over time. Cointegration tests of the long-run relationships between the index and economic and social indicators suggest that such integration is largely in tandem with the economic development of Hong Kong (e.g. GDP growth, unemployment, and property prices). However, the index is also associated with increasing disparity, a lack of confidence in the government and the future of Hong Kong, and the identity of Hongkongers. The findings reveal the positive effect of economic integration as well as deep-rooted problems in the territory. These problems present significant challenges for economic development and governance under the ‘one country, two systems’ and call for policy discourse on effective solutions.

Suggested Citation

  • Geng Cui & Yuho Chung, 2022. "Hong Kong’s economic integration with Chinese mainland: an index and cointegration analysis of socio-economic indicators," Asia Pacific Business Review, Taylor & Francis Journals, vol. 28(5), pages 740-764, October.
    • Handle: RePEc:taf:apbizr:v:28:y:2022:i:5:p:740-764
    DOI: 10.1080/13602381.2022.2116882
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13602381.2022.2116882
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13602381.2022.2116882?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apbizr:v:28:y:2022:i:5:p:740-764. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/FAPB20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.