Note on a model of Chinese national income determination

Gregory C. Chow

Economics Letters, 2010, vol. 106, issue 3, 195-196

Abstract: A macroeconomic model of Chow (1985) explaining aggregate consumption by the permanent income hypothesis of Robert Hall and aggregate investment by the accelerations principle was found to fit Chinese annual data from 1952 to 1982 well. This note shows that the same model can successfully explain Chinese annual data from 1978 to 2006.

Keywords: Consumption; Investment; China; Macroeconomy (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (6)

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