Measuring the Chinese business cycle
This article documents the business cycle characteristics of the Chinese economy by adopting both nonparametric and parametric methodologies. The two approaches are applied to relevant macroeconomics indicators - Gross Domestic Product (GDP) and Industrial Production (IP) indices - aiming to investi...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
2013.
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| Subjects: | |
| Online Access: | Get fulltext |
| LEADER | 01120 am a22001333u 4500 | ||
|---|---|---|---|
| 001 | 348210 | ||
| 042 | |a dc | ||
| 100 | 1 | 0 | |a Becker, R. |e author |
| 700 | 1 | 0 | |a Wang, Y. |e author |
| 245 | 0 | 0 | |a Measuring the Chinese business cycle |
| 260 | |c 2013. | ||
| 856 | |z Get fulltext |u https://eprints.soton.ac.uk/348210/1/MChBC.pdf | ||
| 520 | |a This article documents the business cycle characteristics of the Chinese economy by adopting both nonparametric and parametric methodologies. The two approaches are applied to relevant macroeconomics indicators - Gross Domestic Product (GDP) and Industrial Production (IP) indices - aiming to investigate the growth cycle (deviation cycle). We provide a clear chronology of the Chinese growth cycle. One significant characteristic of the Chinese growth cycle is the relatively direct influence of government policies. However, recently these policy effects have become less significant when compared to global economic influences. Our study provides an enhanced understanding of the properties of business cycle dating algorithms and as such contributes to future Chinese business cycle research | ||
| 655 | 7 | |a Article | |