Impact of the People’s Republic of China’s Growth Slowdown on Emerging Asia: A General Equilibrium Analysis

Fan Zhai and Peter Morgan

No 560, ADBI Working Papers from Asian Development Bank Institute

Abstract: As an important global and regional economic power, the PRC’s growth slowdown may cause large spillover effects to its neighboring economies. Using a multi-sectoral global computable general equilibrium model, this paper quantitatively investigates the impacts of a growth slowdown in the PRC for emerging Asian economies through trade linkages. The results suggest that a growth slowdown of 1.6 percentage points in the PRC would bring about a growth deceleration of 0.26 percentage points in developing Asia as a whole. However, the impacts vary dramatically by economy within developing Asia, reflecting their difference in economic and trade structure.

Keywords: People’s Republic of China; economic slowdown; spillover effects; emerging economies (search for similar items in EconPapers)
JEL-codes: C68 F44 F47 F62 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2016-03-25
New Economics Papers: this item is included in nep-cna and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbiwp:0560

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