Rebalancing and the Chinese VAT: Some Numerical Simulation Results

Chunding Li, John Whalley

NBER Working Paper No. 16686
Issued in January 2011

---- Acknowledgments ----

We are grateful to the Ontario Research Fund for financial support and to Chunbing Xing, Xiliang Zhao, Hejing Chen, Jing Wang, Yan Dong and Risheng Mao for discussions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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