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

Arbeitspapier

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 con-ditions. 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 spill-over propagated by influencing prices, including global commodity prices, which tend to increase in reaction to accelerating economic growth in China.

Angaben zum Objekt

• ISBN: 978-952-323-315-7
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: BOFIT Discussion Papers ; No. 4/2020

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic Integration ; International Business Cycles
• Thema: Chinese economy ; global spillover ; real time data

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Herrala, Risto ; Orlandi, Fabrice
• Ereignis: Veröffentlichung
• (wer): Bank of Finland, Institute for Economies in Transition (BOFIT)
• (wo): Helsinki
• (wann): 2020

Weitere Informationen

• Handle: http://hdl.handle.net/10419/240355
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ