Estimation of China's disaggregate import demand functions

被引：21
|
作者：
Fukumoto, Mayumi [1 ,2 ]
机构：
[1] Hong Kong Univ Sci & Technol, Ctr Econ Dev, Kowloon, Hong Kong, Peoples R China
[2] Hong Kong Univ Sci & Technol, APEC Study Ctr, Kowloon, Hong Kong, Peoples R China
来源：
CHINA ECONOMIC REVIEW | 2012年 / 23卷 / 02期
关键词：
Disaggregate import demand; China; Cointegration; FOREIGN DIRECT-INVESTMENT; EXPENDITURE COMPONENTS; EMPIRICAL-ANALYSIS; AGGREGATE IMPORTS; TRADE; PRICE; ELASTICITIES; INFERENCE;
D O I：
10.1016/j.chieco.2012.03.002
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We estimate the disaggregate import demand functions for three basic classes of goods as defined in the System of National Accounts (SNA): capital goods, intermediate inputs, and final consumption goods, and use the findings to shed light on the effects of China's economic growth on its current account. The results showed that as China switches from exports to domestic demand as a key driver for economic growth, China's trade surplus would be expected to shrink rather quickly. (C) 2012 Elsevier Inc. All rights reserved.
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页码：434 / 444
页数：11
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