Narayan, Paresh Kumar; Narayan, Seema; Smyth, Russell - In: China Economic Review 20 (2009) 1, pp. 82-90
In this article we examine several hypotheses relating to output and inflation dynamics in China. The hypotheses tests are based on the exponential generalised autoregressive conditional heteroskedasticity (EGARCH) model of Nelson [Nelson, D. (1991). Conditional heteroskedasticity in asset...