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This study analyses the inherent evolution dynamics of economic activity and global oil prices in China using the tools … of wavelet and wavelet-based VAR-GARCH-BEKK model. Besides, the Wavelet-Granger causality test of Olayeni (2016) provides … China over time and across different frequencies simultaneously. We find that the spillover effects between China's economic …
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We study the relationship between finance and growth using a sample of 275 Chinese cities during 2009-2018. We exclude a large amount of bank loans to local governments through the local government financing vehicles (LGFVs). This allows us to construct a new and better financial development...
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