Estimation of China's disaggregate import demand functions

Mayumi Fukumoto

China Economic Review, 2012, vol. 23, issue 2, 434-444

Abstract: 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.

Keywords: Disaggregate import demand; China; Cointegration (search for similar items in EconPapers)
JEL-codes: C50 F10 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:chieco:v:23:y:2012:i:2:p:434-444

DOI: 10.1016/j.chieco.2012.03.002

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