Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/63261
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Zhang, Yin | en |
dc.contributor.author | Wan, Guanghua | en |
dc.date.accessioned | 2012-09-21T09:19:29Z | - |
dc.date.available | 2012-09-21T09:19:29Z | - |
dc.date.issued | 2004 | - |
dc.identifier.isbn | 9291906433 | en |
dc.identifier.uri | http://hdl.handle.net/10419/63261 | - |
dc.description.abstract | This paper represents a first attempt to study China’s business cycles using a formal analytical framework, namely, a structural VAR model. It is found that: (a) demand shocks were the dominant source of macroeconomic fluctuations, but supply shocks had gained more importance over time; (b) the driving forces of demand shocks were consumption and fixed investment in the first cycle of 1985–90, but shifted to fixed investment and world demand in the second cycle of 1991–96 and the post-1997 deflation period; and (c) macroeconomic policies did not play an important part either in initiating or counteracting cyclical fluctuations. | en |
dc.language.iso | eng | en |
dc.publisher | |aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinki | en |
dc.relation.ispartofseries | |aWIDER Research Paper |x2004/54 | en |
dc.subject.jel | E32 | en |
dc.subject.jel | O53 | en |
dc.subject.jel | P24 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | business cycle | en |
dc.subject.keyword | structural VAR | en |
dc.subject.keyword | demand shocks | en |
dc.subject.keyword | supply shocks | en |
dc.subject.keyword | China | en |
dc.subject.stw | Konjunktur | en |
dc.subject.stw | Schock | en |
dc.subject.stw | VAR-Modell | en |
dc.subject.stw | China | en |
dc.title | China's business cycles: Perspectives from an AD-AS model | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 477328121 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.