Win-Win? Assessing the global impact of the Chinese economy

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dc.contributor.author Herrala, Risto
dc.contributor.author Orlandi, Fabrice
dc.date.accessioned 2021-08-25T23:47:05Z
dc.date.available 2021-08-25T23:47:05Z
dc.date.issued 2021
dc.identifier.issn 2667-1115
dc.identifier.uri https://helda.helsinki.fi/bof/handle/123456789/18102
dc.description.abstract We study the global impact of the Chinese economy based on a novel indirect approach where the spillover effect is quantified from a forecast error model under relatively favorable identifying conditions. Findings from the real-time World Economic Outlook data over the period 2004 ̶ 2015 indicate that an increase in economic growth in China had a negative impact on most other economies one to two years ahead. The estimations furthermore uncover evidence at the global level that spillover propagated by influencing prices, including global commodity prices, which tend to increase in reaction to accelerating economic growth in China.
dc.language.iso ENG
dc.subject Kiina
dc.subject Kiinan talous
dc.subject talouskasvu
dc.subject vaikutukset
dc.subject kansainvälinen talous
dc.subject hinnat
dc.subject.other Chinese economy
dc.subject.other Global spillover
dc.subject.other Real time data
dc.title Win-Win? Assessing the global impact of the Chinese economy
dc.type Journal Article
dc.identifier.urn URN:NBN:fi:bof-202002181175
dc.subject.jel C2
dc.subject.jel F15
dc.subject.jel F440
dc.series.name Asia & Global Economy
dc.series.volume 1
dc.series.number 1 ; January
dc.date.publication 15.06.2021
dc.type.okm A1
dc.relation.doi https://doi.org/10.1016/j.aglobe.2021.100006
dc.format.pagerange 1-9

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