Oil price shocks and their short- and long-term effects on the Chinese economy

作者: Weiqi Tang , Libo Wu , ZhongXiang Zhang

DOI: 10.1016/J.ENECO.2010.01.002

关键词: Monetary economicsEconomicsInvestment (macroeconomics)Unit root testEmpirical researchError correction modelDeveloping countryEconomic impact analysisInterest rateMarket economyCapital (economics)

摘要: … to what extent oil-price shocks impact China's economy, emphasizing on the price transmission … output in the long run. In our view, this channel is more important and dominant in China. …

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