Chow, Gregory C.; Shen, Yan - 2004
using 1979 as the breakpoint
as economic reform started in 1979. A VAR for changes in log price, log M2 and log real output …
to 2002 as confirmed by the Chow (1960) test using 1979, the year economic reform started, as
the break point.
We … started in
1958.
In the era of economic reform after 1978 there have been episodes of inflation in 1985, 1988, and
1993 …