آیا یکپارچگی اقتصادی چین بر رشد و تورم در کشورهای صنعتی اثر می گذارد؟
|کد مقاله||سال انتشار||مقاله انگلیسی||ترجمه فارسی||تعداد کلمات|
|51278||2014||6 صفحه PDF||سفارش دهید||4807 کلمه|
Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)
Journal : Economic Modelling, Volume 38, February 2014, Pages 184–189
The Chinese economic development affects GDP growth and inflation in the advanced countries. The size of the effects is inferred from multivariate time series and structural econometric methods. In particular, the GVAR and the NiGEM are employed to examine the interdependencies between the business cycles in China and industrial countries, including the US, the euro area and Japan. Evidence is based on the responses to a Chinese GDP shock, which is traced to the recent fiscal stimulus package. The different model environments show quite similar results, implying that the impact on GDP growth in the advanced economies is substantial especially for Japan. Real economic effects to the US and the euro area responses are much lower. In addition, international inflation spillovers should be expected.