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This paper presents some facts on China’s role in the world economy and measures the impact of China’s growth on growth in the rest of the world in the short and long term. Short-run estimates based on VARs and error-correction models suggest that spillover effects of...
Persistent link: https://www.econbiz.de/10008560430
Using three distinct approaches—statistical filtering, production function, and multivariate model— this paper estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) during 1993–2013. The main...
Persistent link: https://www.econbiz.de/10011142066
This paper analyzes spillovers from macroeconomic shocks in systemic economies (China, the Euro Area, and the United … States) to the Middle East and North Africa (MENA) region as well as outward spillovers from a GDP shock in the Gulf … Autoregression (GVAR) model, estimated for 38 countries/regions over the period 1979Q2 to 2011Q2. Spillovers are transmitted across …
Persistent link: https://www.econbiz.de/10010790399
-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
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Now close to 50 percent of GDP, this paper assesses the appropriateness of China’s current investment levels. It finds that China’s capital-to-output ratio is within the range of other emerging markets, but its economic growth rates stand out, partly due to a surge in investment...
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