TITLE:
Mainland China and Hong Kong Closer Economic Partnership Arrangement Effect Analysis
AUTHORS:
Juan Yang
KEYWORDS:
Effect, Goods, Service, Investment, CEPA
JOURNAL NAME:
Chinese Studies,
Vol.5 No.3,
August
4,
2016
ABSTRACT: Based on gravity model, this paper analyzes the impact of Mainland China and Hong Kong Closer Economic Partnership Arrangement by using the data from 2004 to 2013. The result shows that, closer economic partnership arrangement has not promoted the goods export of Hong Kong; the effects on services trade and investment are limited. The main reasons may be the disappearance foundation of the cooperation between the two sides and the limited openness of Mainland China market.