A Dynamic Computable General Equilibrium Model Of The Chinese Economy PDF Download
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Author | : Xiujian Peng |
Publisher | : Springer Nature |
Total Pages | : 288 |
Release | : 2023-09-24 |
Genre | : Business & Economics |
ISBN | : 9819918502 |
Download CHINAGEM—A Dynamic General Equilibrium Model of China: Theory, Data and Applications Book in PDF, ePub and Kindle
This book contains detailed documentation of the CHINAGEM model - a large-scale dynamic computable general equilibrium (CGE) model of China and its applications. Specifically, this book documents the theory and database behind the CHINAGEM model. This book explores the closure development for the four simulation modes of the model including historical, decomposition, forecast and policy simulations, the detailed explanation of how to analyze simulation results, and the extensions of CHINAGEM and their applications. These extensions include several innovative modules and case studies as examples of the application of CHINAGEM. This book provides an entry point for CGE modellers to develop their analytical skills. This book can also be used as a platform for research institutes to develop CGE models suitable for their research portfolio. The module developments included in this book are designed to capture the specific features of the Chinese economy. The applications of these modules chosen in the book cover hot policy issues in China, and the simulation results have valuable policy implications. This book identifies that the CHINAGEM model itself and all the extensions can be used for analysing many new topics and policy issues such as the effects of the USA–China trade war, the effects of Made in China 2025 Plan as well as China’s commitment to the carbon neutrality before 2060 and its economic implications.
Author | : Xiao-guang Zhang |
Publisher | : |
Total Pages | : 47 |
Release | : 1997 |
Genre | : China |
ISBN | : 9780732515195 |
Download A Dynamic Computable General Equilibrium Model of the Chinese Economy Book in PDF, ePub and Kindle
Author | : Peter John Lloyd |
Publisher | : Edward Elgar Publishing |
Total Pages | : 334 |
Release | : 2001 |
Genre | : Business & Economics |
ISBN | : |
Download Models of the Chinese Economy Book in PDF, ePub and Kindle
As Lloyd and Zhang (economics, U. of Melbourne, Australia) note, "[t]he opening of the Chinese economy since 1979 has changed its structure profoundly...." While China is playing an increasingly important role in the world economy, its growing links with the rest of the world have rendered its course more difficult to predict. In 13 papers, international analysts offer dynamic computable general equilibrium modeling for forecasting China's economic growth and structural change; simulations taking into account such factors as foreign direct investments and trade liberalizations; and other econometric models. Replete with supporting figures and tables. c. Book News Inc.
Author | : Shenjie Chen |
Publisher | : National Library of Canada = Bibliothèque nationale du Canada |
Total Pages | : 122 |
Release | : 1991 |
Genre | : China |
ISBN | : 9780315715622 |
Download A Computable General Equilibrium Model for the Chinese Economy Book in PDF, ePub and Kindle
Author | : Hong Zhang |
Publisher | : |
Total Pages | : 208 |
Release | : 2002 |
Genre | : China |
ISBN | : |
Download The Impact on China's Economy of Its Accession to the WTO Book in PDF, ePub and Kindle
Author | : Nadiya Ivanivna Mankovska |
Publisher | : |
Total Pages | : 0 |
Release | : 2013 |
Genre | : China |
ISBN | : |
Download Examining the Effects of External Price Shocks on the Economy of China by the Use of a Dynamic Computable General Equilibrium Model Book in PDF, ePub and Kindle
Within the framework of a dynamic CGE model for the Chinese economy, we simulate increases in global food and energy prices and appreciation of nominal exchange rate. First, our results show that increases in global prices for agricultural products in the last decade had overall positive effects on the Chinese economy: investment growth and an improved trade balance pushed the GDP up. The consumption per capita fell below the benchmark in the short to medium run but overcame this trend in the long run. The food price increases partially explain the consumer price inflation in China and the observed accumulation of foreign asset holdings. We demonstrate that restrictive policy interventions into agricultural markets have harmed the development of China's agricultural sector. Second, in contrast to the impact of increased food prices, higher global prices for energy commodities negatively influenced both the real economy and private incomes in China. Household consumption suffered the most significant effects of reduced GDP growth, . We also find that energy prices were largely responsible for the domestic inflation in the last decade. While the economic growth rate has slowed, the growth itself has continued: positive rates of growth have remained for all economic indicators, suggesting that China's economy has a strong growth foundation and is equipped to meet the challenge of increased energy prices. Third, we found that the recent appreciation of the nominal exchange rate of the yuan, the Chinese national currency, has had contractionary effects on the economy and exacerbated income inequality. Nevertheless, it has appreciably helped to curb inflation and reduced external imbalances. We argue that the yuan appreciation can serve as an effective inflation control instrument that should be accompanied by proper social policies targeting income inequality. In general, China's economy has proved strong enough to respond to global challenges. Most negative effects do not eliminate the positive growth rate but only slow it slightly. Provided proper policies, China has the potential to continue its role as a leading power in the world economy in the decades to come.
Author | : Ninghua Sun |
Publisher | : Taylor & Francis |
Total Pages | : 249 |
Release | : 2022-10-17 |
Genre | : Business & Economics |
ISBN | : 1000618056 |
Download Chinese Macroeconomy Book in PDF, ePub and Kindle
This book deploys quantitative methods to focus on the operation of the Chinese economy as a whole since the reforms in 1978, by combining a range of mathematical, algorithmic and computational methods to analyze rich empirical data, seeking to demonstrate the long-term economic trends and dynamics of economic growth and fluctuations in China. To answer the core question of how the Chinese economy became what it is, the author draws on dynamic stochastic general equilibrium (DSGE) modeling and calibration, while also exploring microfoundations to reveal optimization behavior within a context of economic change at the macrolevel. The book examines internal shocks in the Chinese economic system, including institutional changes, credit policy and monetary policy, which are all closely associated with issues of enhancing the coordination and sustainability of development and the effectiveness and efficiency of policy reforms. It also elaborates on China’s close interactions with the global economy, shedding light on the dynamic effects of energy prices, the Chinese Yuan exchange rate and foreign direct investment. This book is an essential reference for researchers and students interested in the Chinese economy, methods of microeconomic dynamics and macroeconomic theory and policy.
Author | : Zhang Xiaoguang |
Publisher | : |
Total Pages | : 35 |
Release | : 1995 |
Genre | : Price regulations |
ISBN | : 9780732507664 |
Download Modelling Economics Transition Book in PDF, ePub and Kindle
Author | : Juzhong Zhuang |
Publisher | : |
Total Pages | : 64 |
Release | : 1993 |
Genre | : |
ISBN | : |
Download A General Equilibrium Computation of Market Distortions in the Chinese Economy Book in PDF, ePub and Kindle
Author | : Xiao-guang Zhang |
Publisher | : |
Total Pages | : 32 |
Release | : 1996 |
Genre | : China |
ISBN | : |
Download The Growth and Structural Changes in the Chinese Economy : 1996-2000 Book in PDF, ePub and Kindle