RDP 2010-08: Sources of Chinese Demand for Resource Commodities References

Anderson J (2007), ‘Is China Export-Led?’, UBS Investment Research ‘Asian Focus’, 27 September.

Athukorala P (2009), ‘The Rise of China and East Asian Export Performance: Is the Crowding-Out Fear Warranted?’, The World Economy, 32(2), pp 234–266.

Barnett S and R Brooks (2006), ‘What's Driving Investment in China?’, IMF Working Paper No WP/06/265.

Blonigen BA and AC Ma (2010), ‘Please Pass the Catch-up: The Relative Performance of Chinese and Foreign Firms in Chinese Exports’, in R Feenstra and S-J Wei (eds), China's Growing Role in World Trade, NBER Conference Report, The University of Chicago Press, Chicago, pp 475–509.

Breitung J (2000), ‘The Local Power of Some Unit Root Tests for Panel Data’, in BH Baltagi (ed), Nonstationary Panels, Panel Cointegration, and Dynamic Panels, Advances in Econometrics, Volume 15, Elsevier Science Inc., Amsterdam, pp 161–177.

BP (2010), ‘Statistical Review of World Energy 2010’.

Bussière M and B Schnatz (2009), ‘Evaluating China's Integration in World Trade with a Gravity Model Based Benchmark’, Open Economies Review, 20(1), pp 85–111.

Cheng I-H and HJ Wall (2005), ‘Controlling for Heterogeneity in Gravity Models of Trade and Integration’, Federal Reserve Bank of St. Louis Review, 87(1), pp 49–63.

Crompton P and Y Wu (2005), ‘Energy Consumption in China: Past Trends and Future Directions’, Energy Economics 27(1), pp 195–208.

Dean J, KC Fung and Z Wang (2008), ‘How Vertically Specialized is Chinese Trade?’, Bank of Finland, Institute for Economies in Transition Discussion Paper No 31/2008.

Dickey DA and WA Fuller (1979), ‘Distribution of the Estimates for Autoregressive Time Series with a Unit Root’, Journal of the American Statistical Association, 74(366), pp 427–431.

Edmonds C, S La Croix and Y Li (2008), ‘China Trade: Busting Gravity's Bounds’, Journal of Asian Economics, 19(5–6), A Tribute to Seiji Naya, pp 455–466.

Eichengreen B, Y Rhee and H Tong (2007), ‘China and the Exports of Other Asian Countries’, Review of World Economics, 143(2), pp 201–226.

Eita JH and AC Jordaan (2007), ‘South Africa Exports of Metal and Articles of Base Metal: A Gravity Model Approach’, Journal for Studies in Economics and Econometrics, 31(3), pp 81–96.

Engle RF and CWJ Granger (1987), ‘Co-Integration and Error Correction: Representation, Estimation, and Testing’, Econometrica, 55(2), pp 251–276.

Fidrmuc J (2009), ‘Gravity Models in Integrated Panels’, Empirical Economics, 37(2), pp 435–446.

Garnaut R and L Song (2006), ‘China's Resources Demand at the Turning Point’, in R Garnaut and L Song (eds), The Turning Point in China's Economic Development, ANU E Press and Asia Pacific Press, Canberra, pp 276–293.

Garnaut R and L Song (2007), ‘Rapid Industrialisation and the Demand for Energy and Minerals: China in the East Asian Context’, in P Drysdale, K Jiang and D Meagher (eds), China and East Asian Energy: Prospects and Issues: Volume 1, Australia–Japan Research Centre Asia Pacific Economic Paper No 361, Australia–Japan Research Centre, Canberra, pp 7–26.

Greenaway D, A Mahabir, and C Milner (2008), ‘Has China Displaced Other Asian Countries' Exports?’, China Economic Review, 19, pp 152–169.

Haltmaier JT, S Ahmed, B Coulibaly, R Knippenberg, S Leduc, M Marazzi and BA Wilson (2009), ‘The Role of China in Asia: Engine, Conduit or Steamroller?’, in L Yueh (ed), The Future of Asian Trade and Growth: Economic Development with the Emergence of China, Routledge Studies in the Growth Economies of Asia, Volume 92, Routledge, New York, pp 131–198.

He D and W Zhang (2010), ‘How Dependent is the Chinese Economy on Exports and in What Sense Has its Growth Been Export-Led?’, Journal of Asian Economics, 21(1), pp 87–104.

Helpman E, M Melitz and Y Rubinstein (2008), ‘Estimating Trade Flows: Trading Partners and Trading Volumes’, The Quarterly Journal of Economics, 123(2), pp 441–487.

Hunt WH (2004), ‘The China Factor: Aluminium Industry Impact’, JOM, Journal of the Minerals, Metals and Materials Society, 56(9), pp 21–24. Available at <http://www.tms.org/pubs/journals/JOM/0409/Hunt-0409.html>.

IBRD (International Bank for Reconstruction and Development)/World Bank (2009), ‘Box 2.5 Understanding the Rise in Chinese Metal Intensities’, Global Economic Prospects 2009: Commodities at the Crossroads, The World Bank, Washington DC, p 70.

Im KS, MH Pesaran and Y Shin (2003), ‘Testing for Unit Roots in Heterogeneous Panels’, Journal of Econometrics, 115(1), pp 53–74.

Jorgenson JD (2010), ‘Iron Ore’, U.S. Geological Survey Minerals Yearbook: Volume I. -- Metals and Minerals – 2008, U.S. Geological Survey, Washington DC, pp 39.1–39.21. Available at <http://www.minerals.usgs.gov/minerals/pubs/commodity/iron_ore/myb1-2008-feore.pdf>.

Kahrl F and D Roland-Holst (2008), ‘Energy and Exports in China’, China Economic Review, 19(4), pp 649–658.

Kao C (1999), ‘Spurious Regression and Residual-Based Tests for Cointegration in Panel Data’, Journal of Econometrics, 90(1), pp 1–44.

Kao C and M-H Chiang (2000), ‘On the Estimation and Inference of a Cointegrated Regression in Panel Data’, in BH Baltagi (ed), Nonstationary Panels, Panel Cointegration, and Dynamic Panels, Advances in Econometrics, Volume 15, Elsevier Science Inc., Amsterdam, pp 179–222.

Keidel A (2008), ‘China's Economic Rise – Fact and Fiction’, Carnegie Endowment for International Peace Policy Brief No 61. Available at <http://www.carnegieendowment.org/publications/index.cfm?fa=view&id=20279>.

Klein MW and JC Shambaugh (2006), ‘Fixed Exchange Rates and Trade’, Journal of International Economics, 70(2), pp 359–383.

Kommesaroff M (2008), ‘Steeling For a Fight’, China Economic Quarterly, 12(4), pp 12–15.

Koopman R, Z Wang and S-J Wei (2008), ‘How Much of Chinese Exports is Really Made In China? Assessing Domestic Value-Added When Processing Trade is Pervasive’, NBER Working Paper No 14109.

Lequiller F and D Blades (2006), ‘China's National Accounts’, in Understanding National Accounts, Organisation for Economic Co-operation and Development, Paris, pp 366–382.

Levin A, C-F Lin and C-SJ Chu (2002), ‘Unit Root Tests in Panel Data: Asymptotic and Finite-Sample Properties’, Journal of Econometrics, 108(1), pp 1–24.

McKay H, Y Sheng and L Song (2010), ‘China's Metal Intensity in Comparative Perspective’, in R Garnaut, J Golley and L Song (eds), China: The Next Twenty Years of Reform and Development, China Update Book Series, ANU E Press, Canberra, pp 73–98.

Miller RE and PD Blair (2009), Input-Output Analysis: Foundations and Extensions, 2^nd edn, Cambridge University Press, Cambridge.

NBS (National Bureau of Statistics of China) (2004), ‘Investment in Fixed Assets: Explanatory Notes on Main Statistical Indicators’, China Statistical Yearbook 2004, pp 269–272.

OECD (Organisation for Economic Co-operation and Development) (2006), ‘Current Situation of the Chinese Steel Industry’, Document No DSTI/SU/SC(2006)9 provided for the Joint India/OECD/IISI Workshop, New Delhi, 16–17 May.

Pedroni P (1999), ‘Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors’, Oxford Bulletin of Economics and Statistics, 61(S1), pp 653–670.

Pedroni P (2004), ‘Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis’, Econometric Theory, 20(3), pp 597–625.

Rauch JE (1999), ‘Networks Versus Markets in International Trade’, Journal of International Economics, 48(1), pp 7–35.

Sheng Y and L Song (2008), ‘Comparative Advantage and Australia–China Bilateral Trade’, Economic Papers, 27(1), pp 41–56.

Stock JH and MW Watson (2006), ‘Heteroskedasticity-Robust Standard Errors for Fixed Effects Panel Data Regression’, NBER Technical Working Paper No 323.

Stutchbury M (2009), ‘China's Stimulus Package Helps Our Economy Swim Against Tide’, The Weekend Australian, 27 June, p 18.

Sun M (2009), ‘China: Unscathed Through the Global Financial Tsunami’, China & World Economy, 17(6), pp 24–42.

Tcha M and D Wright (1999), ‘Determinants of China's Import Demand for Australia's Iron Ore’, Resources Policy, 25(3), pp 143–149.

Tse P-K (2009), ‘The Mineral Industry of China’, U.S. Geological Survey Minerals Yearbook: Volume II. – Area Reports: International – 2007, U.S. Geological Survey, Washington DC, pp 9.1–9.24. Available at <http://minerals.usgs.gov/minerals/pubs/country/2007/myb3-2007-ch.pdf>.

USGS (United States Geological Survey) (2010a), ‘Aluminium’, Mineral Commodity Summaries 2010, U.S. Geological Survey, Washington DC, pp 16–17. Available at <http://minerals.usgs.gov/minerals/pubs/commodity/aluminum/mcs-2010-alumi.pdf>.

USGS (2010b), ‘Iron Ore’, Mineral Commodity Summaries 2010, U.S. Geological Survey, Washington DC, pp 78–79. Available at <http://minerals.usgs.gov/minerals/pubs/commodity/iron_ore/mcs-2010-feore.pdf>.

Westerlund J and F Wilhelmsson (2006), ‘Estimating the Gravity Model Without Gravity Using Panel Data’, Lund University, unpublished manuscript. Available at <http://www.nek.lu.se/NEKJWE/papers/poisson.pdf>.

Wu J (2009), ‘The Recent Developments of the Steel Industry in China’, Document No DSTI/SU/SC(2009)15 presented to the OECD Steel Committee Meeting, Paris, 8–9 June.

Wu Y (1998), ‘China's Metal Industry (II)’, in Y Wu (ed), The Economics of the East Asia Steel Industries: Production, Consumption and Trade, Ashgate Publishing Limited, Aldershot, pp 117–160.

Wu Y (2000), ‘The Chinese Steel Industry: Recent Developments and Prospects’, Resources Policy, 26(3), pp 171–178.

Zhang Z (2008), ‘Can Demand from China Shield East Asian Economies From Global Slowdown?’, Hong Kong Monetary Authority Working Paper No 19/2008.

Zhang Y and C Zheng (2008), ‘The Implications of China's Rapid Growth on Demand for Energy and Mining Products Imported from Australia’, Economic Papers, 27(1), pp 95–106.

Zhao X and Y Wu (2007), ‘Determinants of China's Energy Imports: An Empirical Analysis’, Energy Policy, 35(8), pp 4235–4246.