Endnotes
1This is not entirely true since not all of the imported inputs used to produce processed exports come from East Asia.
2Marquez and Schindler (2007) and Cheung, Chinn, and Fujii (2010), and Garcia-Herrero and Koivu (2007) also presented valuable estimates of trade elasticities for the PRC.
3The website for the PRC's Customs Statistics is www.ChinaCustomsStat.com.
4Processed exports to Hong Kong, China largely represented entrepôt trade.
5This is true assuming that all of the PRC's imports for processing come from Asia.
6These tests are discussed in Breitung (2000), Choi (2001), Hadiri (2000), Im, Peseran, and Shin (2003), Levin, Lin, and Chu (2002), and Maddala and Wu (1999).
7This test is discussed in Kao (1999).
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