Economics at your fingertips  

Symmetry of shocks across China: a VAR approach

Yuexing Lan () and Kevin Sylwester ()
Additional contact information
Kevin Sylwester: Southern Illinois University Carbondale

Economics Bulletin, 2011, vol. 31, issue 1, 662-678

Abstract: This paper examines how similar shocks are across Chinese regions from 1978 to 2009. Using a SVAR with GDP growth and inflation as dependent variables, we identify the model assuming demand shocks have no long-run effect upon output. We find that both supply and demand shocks are more correlated within China than are their counterparts within Europe or the U.S. as reported in similar studies. Moreover, demand shocks are more strongly correlated than are supply shocks. Output and prices also respond similarly to shocks.

Keywords: China; SVAR (search for similar items in EconPapers)
JEL-codes: E6 (search for similar items in EconPapers)
Date: 2011-02-25
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().

Page updated 2020-09-28
Handle: RePEc:ebl:ecbull:eb-10-00045