|
| << previous | next >> |
Journal description
All volumes of the corresponding journal
All issues of the corresponding volume
All articles of the corresponding issues
Details for article 100 of 190 found articles
| Title: |
Money, output, price and causality in mainland China |
| Author: |
Hasan, Mohammad Taghavi, Majid |
| Appeared in: |
Applied economics letters |
| Paging: | Volume 3 (1996) nr. 2 pages 101-105 |
| Year: |
1996-02-01 |
| Contents: |
This paper re-examines the relationship between money and other macroeconomic variables in mainland China. The results of a four-variable VAR analysis are indicative of a bi-directional causality between narrow money supply and real income. However, contrary to most research work in this area, the findings support a uni-directional causality from broad money to real income, making the former a good intermediate target variable. Moreover, these results cast serious doubts about the relevance of the quantity theory of money for price determination in China. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 100 of 190 found articles
| << previous | next >> |