Showing 1 - 10 of 10
This paper evaluates the usefulness of business sentiment indicators for forecasting developments in the Chinese real economy. We use data on diffusion indices collected by the People's Bank of China for forecasting industrial production, retail sales and exports. Our bivariate vector...
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Now close to 50 percent of GDP, this paper assesses the appropriateness of China's current investment levels. It finds …, partly due to a surge in investment over the last decade. Moreover, its investment is significantly higher than suggested by …
Persistent link: https://www.econbiz.de/10009678976
particular, we evaluate how a rebalancing of the economy from investment-led to consumption-led growth would affect the economic …
Persistent link: https://www.econbiz.de/10013125953
This paper proposes a possible framework for identifying excessive investment. Based on this method, it finds evidence … that some types of investment are becoming excessive in China, particularly in inland provinces. In these regions, private … consumption has on average become more dependent on investment (rather than vice versa) and the impact is relatively short …
Persistent link: https://www.econbiz.de/10013082858
This paper proposes a possible framework for identifying excessive investment. Based on this method, it finds evidence … that some types of investment are becoming excessive in China, particularly in inland provinces. In these regions, private … consumption has on average become more dependent on investment (rather than vice versa) and the impact is relatively short …
Persistent link: https://www.econbiz.de/10011242435
Now close to 50 percent of GDP, this paper assesses the appropriateness of China’s current investment levels. It … stand out, partly due to a surge in investment over the last decade. Moreover, its investment is significantly higher than …. However, because its investment is predominantly financed by domestic savings, a crisis appears unlikely when assessed against …
Persistent link: https://www.econbiz.de/10011142176
This paper proposes a possible framework for identifying excessive investment. Based on this method, it finds evidence … that some types of investment are becoming excessive in China, particularly in inland provinces. In these regions, private … consumption has on average become more dependent on investment (rather than vice versa) and the impact is relatively short …
Persistent link: https://www.econbiz.de/10014395260
Now close to 50 percent of GDP, this paper assesses the appropriateness of China’s current investment levels. It finds …, partly due to a surge in investment over the last decade. Moreover, its investment is significantly higher than suggested by …, because its investment is predominantly financed by domestic savings, a crisis appears unlikely when assessed against …
Persistent link: https://www.econbiz.de/10014395567