Download or read book Using a CGE Model to Analyse External Shocks in the Reformed Chinese Economy written by Zhaoyang Peng and published by . This book was released on 1992 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Examining the Effects of External Price Shocks on the Economy of China by the Use of a Dynamic Computable General Equilibrium Model written by Nadiya Ivanivna Mankovska and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within the framework of a dynamic CGE model for the Chinese economy, we simulate increases in global food and energy prices and appreciation of nominal exchange rate. First, our results show that increases in global prices for agricultural products in the last decade had overall positive effects on the Chinese economy: investment growth and an improved trade balance pushed the GDP up. The consumption per capita fell below the benchmark in the short to medium run but overcame this trend in the long run. The food price increases partially explain the consumer price inflation in China and the observed accumulation of foreign asset holdings. We demonstrate that restrictive policy interventions into agricultural markets have harmed the development of China's agricultural sector. Second, in contrast to the impact of increased food prices, higher global prices for energy commodities negatively influenced both the real economy and private incomes in China. Household consumption suffered the most significant effects of reduced GDP growth, . We also find that energy prices were largely responsible for the domestic inflation in the last decade. While the economic growth rate has slowed, the growth itself has continued: positive rates of growth have remained for all economic indicators, suggesting that China's economy has a strong growth foundation and is equipped to meet the challenge of increased energy prices. Third, we found that the recent appreciation of the nominal exchange rate of the yuan, the Chinese national currency, has had contractionary effects on the economy and exacerbated income inequality. Nevertheless, it has appreciably helped to curb inflation and reduced external imbalances. We argue that the yuan appreciation can serve as an effective inflation control instrument that should be accompanied by proper social policies targeting income inequality. In general, China's economy has proved strong enough to respond to global challenges. Most negative effects do not eliminate the positive growth rate but only slow it slightly. Provided proper policies, China has the potential to continue its role as a leading power in the world economy in the decades to come.
Download or read book CHINAGEM A Dynamic General Equilibrium Model of China Theory Data and Applications written by Xiujian Peng and published by Springer Nature. This book was released on 2023-09-24 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains detailed documentation of the CHINAGEM model - a large-scale dynamic computable general equilibrium (CGE) model of China and its applications. Specifically, this book documents the theory and database behind the CHINAGEM model. This book explores the closure development for the four simulation modes of the model including historical, decomposition, forecast and policy simulations, the detailed explanation of how to analyze simulation results, and the extensions of CHINAGEM and their applications. These extensions include several innovative modules and case studies as examples of the application of CHINAGEM. This book provides an entry point for CGE modellers to develop their analytical skills. This book can also be used as a platform for research institutes to develop CGE models suitable for their research portfolio. The module developments included in this book are designed to capture the specific features of the Chinese economy. The applications of these modules chosen in the book cover hot policy issues in China, and the simulation results have valuable policy implications. This book identifies that the CHINAGEM model itself and all the extensions can be used for analysing many new topics and policy issues such as the effects of the USA–China trade war, the effects of Made in China 2025 Plan as well as China’s commitment to the carbon neutrality before 2060 and its economic implications.
Download or read book China s Rural Economic Performance During the Reform Decade written by Harry X. Wu and published by . This book was released on 1992 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Building of Economics at Adelaide 1901 2001 written by Kym Anderson and published by University of Adelaide Press. This book was released on 2009 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics discipline at the University of Adelaide has a distinguished 100 year history of which the University and the State of South Australia can be proud. Very few other departments, of any discipline in Australian universities, could claim to have a majority of its lecturer appointments rising to full Professor status over a period as long as 1901 to 1995. Nor would many other university departments be able to say they have had five of their graduates win Rhodes Scholarships in the past 12 years.
Download or read book Modelling China s Rural Economy written by Xiaohe Zhang and published by . This book was released on 1993 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil Price Shocks and Policy Responses in the Post reform Chinese Economy written by Zhaoyang Peng and published by . This book was released on 1991 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impacts of Economic Reforms on Chinese Agricultural Performance written by D. T. Nguyen and published by . This book was released on 1993 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Method for Estimating China s Rural GDP written by Harry X. Wu and published by . This book was released on 1993 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Sequencing of Economic Reform written by Richard W. T. Pomfret and published by . This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Measurement of Efficiency written by Yanrui Wu and published by . This book was released on 1993 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China s Agricultural Reforms written by Andrew Watson and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Potential Inconsistency in dynamic Socialism written by Steven Lim and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Market Reform and Agricultural Development in China written by Andrew Watson and published by . This book was released on 1994 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China s Dual Land Ownership System written by Bing Jiang and published by . This book was released on 1993 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of Prices in China s Grain Production During the Post Reform Period written by Hong Yang and published by . This book was released on 1993 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rural Industry written by Steven Lim and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
