Important laws governing China's macro-economy

Economic laws concerning the working of the Chinese macro-economy are provided. * Conclusions are valid for the entire period 1952-2013 when there were extensive institutional changes. * Permanent income hypothesis for consumption and the accelerations principle for investment are confirmed econometrically. * Roles of government expenditure and money supply in the determination of national income in China are examined. This paper presents economic laws that are valid for China's macro-economy from 1952 to 2013 in spite of the many institutional changes during this period. The laws include a co... Mehr ...

Verfasser: Chow, Gregory C
Dokumenttyp: Artikel
Reihe/Periodikum: Journal of comparative economics
Verlag/Hrsg.: Amsterdam, Elsevier
Sprache: Englisch
ISSN: 0147-5967
Weitere Identifikatoren: doi: 10.1016/j.jce.2015.10.011
Permalink: https://search.fid-benelux.de/Record/olc-benelux-1974856852
URL: NULL
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Datenquelle: Online Contents Benelux; Originalkatalog
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Link(s) : http://dx.doi.org/10.1016/j.jce.2015.10.011
http://dx.doi.org/10.1016/j.jce.2015.10.011