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Persistent link: https://www.econbiz.de/10010418122
The Chinese economic development affects GDP growth and inflation in the advanced countries. A GVAR approach is used to … model the interdependencies between the business cycles in China and industrial countries, including the US, the euro area … and Japan. For robustness, the results are compared to those obtained by leading structural econometric models, such as …
Persistent link: https://www.econbiz.de/10011345520
The Chinese economic development affects GDP growth and inflation in the advanced countries. A GVAR approach is used to … model the interdependencies between the business cycles in China and industrial countries, including the US, the euro area … and Japan. For robustness, the results are compared to those obtained by leading structural econometric models, such as …
Persistent link: https://www.econbiz.de/10010856800
The integration of China into the global economy is one of the most spectacular events in economic history. This paper … investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified … to explore interdependencies between business cycles in China and industrial countries, including the US, the euro area …
Persistent link: https://www.econbiz.de/10010286628
inferred from multivariate time series and structural econometric methods. In particular, the GVAR and the NiGEM are employed … to examine the interdependencies between the business cycles in China and industrial countries, including the US, the … euro area and Japan. Evidence is based on the responses to a Chinese GDP shock, which is traced to the recent fiscal …
Persistent link: https://www.econbiz.de/10010753351
The integration of China into the global economy is one of the most spectacular events in economic history. This paper … investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified … to explore interdependencies between business cycles in China and industrial countries, including the US, the euro area …
Persistent link: https://www.econbiz.de/10009515006
, the reverse is also true. Output shocks from emerging Asia (and the People's Republic of China [PRC]) have a significant …
Persistent link: https://www.econbiz.de/10011283453
Konjunktur maßgeblich beeinflussen kann. So könnten starke Produktionszuwächse in China dazu beitragen, eine schwächelnde … Konjunktur in den Industrieländern zu stützen. In diesem Beitrag wird untersucht, inwieweit China bereits heute das … gesamtwirtschaftliche Wachstum im Euroraum und in den USA bestimmt. Als Beispiel wird das chinesische Konjunkturprogramm betrachtet, das …
Persistent link: https://www.econbiz.de/10010290164
The integration of China into the global economy is one of the most spectacular events in economic history. This paper … investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified … to explore interdependencies between business cycles in China and industrial countries, including the US, the euro area …
Persistent link: https://www.econbiz.de/10009294978
With China's economic integration a new growth center capable of having a decisive influence on the global economy has … emerged. Thus, strong increases in production in China could help to bolster the flagging economies of the industrialized … world. This article will analyze the extent to which China already determines macroeconomic growth in the euro area and the …
Persistent link: https://www.econbiz.de/10011128712