Showing 31 - 40 of 131,917
This paper provides an overview of the evolution of macroeconomic thought from 1936, the year John Maynard Keynes published his general theory of employment, interest and money to the year 2010. It explores the reasons for the extension of the business cycle during the postwar period. The paper...
Persistent link: https://www.econbiz.de/10009293018
This study documents the return and volatility spillover effect between the stock prices of Chinese new energy and fossil fuel companies using the asymmetric BEKK model. Based on daily samples taken from August 30, 2006 to September 11, 2012, the dynamics of new energy/fossil fuel stock...
Persistent link: https://www.econbiz.de/10010729337
sustained growth in the People's Republic of China (PRC) in the long run. We argue that the PRC has the potential to sustain …
Persistent link: https://www.econbiz.de/10012995324
It is increasingly accepted that the gross domestic product (GDP) growth rate of the People's Republic of China (PRC …
Persistent link: https://www.econbiz.de/10012995403
Investment has always played an important role in the economic development strategies of the People's Republic of China … had little effect. The data suggest that investment patterns in China are largely divorced from the industrial policies … government policies. The finding negates foreign concerns that the Chinese state via industrial policies such as “Made in China …
Persistent link: https://www.econbiz.de/10012913852
-variables in China. Johansen’s cointegration tests fail to find a moving equilibrium among the related variables. Based on a VAR …
Persistent link: https://www.econbiz.de/10014180619
This paper studies the efficacy of China's financial reforms in helping the central monetary authority to achieve its …
Persistent link: https://www.econbiz.de/10014145481
This paper studies how the method of government debt financing affects the macroeconomic performance of the transforming Chinese economy. The investigation is conducted within the context of an endogenous growth model that incorporates the major institutional features of the Chinese economy....
Persistent link: https://www.econbiz.de/10014149337
For nearly three decades, China has achieved an economic miracle. China's official GDP per capita increased almost … tenfold, from about US$150 in 1978 to US$1,449 in 2005. China's growth measured by the purchasing power parity (PPP) has been … have been applied to uncover the secrets of China's miracle by using traditional growth factors, such as capital, labor …
Persistent link: https://www.econbiz.de/10014049003
estimates the amounts of expenditure smoothing provided by interregional net transfers to China's provinces over the 1952 …
Persistent link: https://www.econbiz.de/10014053339