1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Giorgio Gomel, Daniela Marconi, Ignazio Musu,
and Beniamino Quintieri
Part 1 Statistical Issues
2 Forecasting World Output: The Rising Importance
of Emerging Asia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Alessandro Borin, Riccardo Cristadoro, Roberto Golinelli,
and Giuseppe Parigi
3 Macroeconomic Developments in China: The Statistical
Challenges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
Marco Marini and Francesco Zollino
4 Technical Efficiency and Governance: The Case of China . . . . . . . 55
Giovanni Ferri, Li-Gang Liu, and Camilla Mastromarco
Part 2 Demographic Changes, Urbanization and Household Savings
5 Demographic Trends and Sustainability of the Old-Age Security
System in China . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83
Enrica Di Stefano
6 Urban and Rural Household Savings in China: Determinants
and Policy Implications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101
Riccardo Cristadoro and Daniela Marconi
7 Saving Rates of Urban Households in China . . . . . . . . . . . . . . . . . . 137
Agar Brugiavini, Guglielmo Weber, and Binzhen Wu
vii
Part 3 China and World Trade: Challenges and Opportunities
8 The “China Effect” on EU Exports to OECD Markets:
A Focus on Italy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163
Giorgia Giovannetti, Marco Sanfilippo, and Margherita Velucchi
9 The Sophistication of China’s Exports, Imports and Intermediate
Products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 181
Enrico Marvasi
10 Environmental Goods Trade and Technology in China . . . . . . . . . 211
Giovanni Foresti and Stefania Trenti
11 Trends in Private Consumption in China: The Emergence
of the Chinese High-Income Class and Its Global Relevance . . . . . 235
Alessandro Gambini and Manuela Marianera
12 Are Firms Exporting to China and India Different from Other
Exporters? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 255
Giorgio Barba Navaretti, Matteo Bugamelli, Riccardo Cristadoro,
and Daniela Maggioni