The downturn in the world economy following the global banking crisis has left the Chinese economy relatively unscathed. This paper develops a model of the Chinese economy using a DSGE framework with a banking sector to shed light on this episode. It differs from other applications in the use of...

This paper develops a model of the Chinese economy using a DSGE framework that accommodates a banking sector and money. The model is used to shed light on the period of the recent period of financial crisis. It differs from other applications in the use of indirect inference to estimate and test...

This paper develops a model of the Chinese economy using a DSGE framework that accommodates a banking sector and money. The model is used to shed light on the period of the recent period of financial crisis. It differs from other applications in the use of indirect inference to estimate and test...

Global financial crisis has brought challenges and opportunities to China's cultural industries. What are the roles of cultural industries in terms of meeting the challenges of structural adjustment? What are the general and specific impacts on China's cultural industries as a result of global...

This paper will demonstrate what China was doing, is doing and will do for its economic expansion during and after global crisis. Many thoughts and theories about Chinese economic reforms are analyzed. The road map and goal of Chinese economic growth are examined and outlined in this paper....

Since Chinese economy takes a fast growth path toward the top of the world economy, it is interesting to examine China's way of development. This paper will demonstrate what china was doing, is doing and will do for its economic expansion during and after global crisis. Many thoughts and...

China has made a room in international trade and threatens to the existing competitive players. This paper attempts to find the long-run relation with short-run dynamics of China's trade in Asia and the world. This study observed that China is economically integrated with Asia and the world....

The outbreak of COVID-19 in China during the Spring Festival of 2020 is an unprecedented event. Its impact has spread throughout the country and around the world. In order to explore the impact of the epidemic on China's economy, this paper starts with the analysis of the daily railway passenger...

This paper explores how heterogenous risk drives the firm innovation–survival relationship using a large sample of new entrepreneurial firms in China. Results show that innovation increases the probability of survival, although the impact on firm survival is conditioned by the timing of the...

This study examines whether political connections lead state-owned enterprises (SOEs) to behave differently from privately-owned enterprises (POEs) in acquiring land parcels at auctions and explores the underlying mechanisms that drive the price premiums paid by SOEs. We find that SOEs pay 11.9%...