China: crescimento econômico de longo prazo

China: crescimento econômico de longo prazo

China: long-run economic growth. The paper aims to understand on theoretical and empirical grounds the main determinants of China´s long run growth. The econometric analysis suggests the exchange rate as the most important variable in explaining China´s economic growth and in a different model specification using growth rates of exports instead of trade openness, the exchange rate remains as the main variable but export performance has almost the same relevance. Exchange rate policy seems to be a direct road to explain economic growth in China and there is no clear sign that China will increase exchange rate flexibility in the same pattern and pace suggested by most trade partners, which cannot be criticized based on China´s own interest in sustaining its export performance and economic growth.

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Bibliographic Details
Main Author: Vieira,Flávio Vilela
Format: Digital revista
Language:Portuguese
Published: Centro de Economia Política 2006
Online Access:http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000300005
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spelling oai:scielo:S0101-315720060003000052006-08-23China: crescimento econômico de longo prazoVieira,Flávio Vilela China long-run economic growth time series analysis China: long-run economic growth. The paper aims to understand on theoretical and empirical grounds the main determinants of China´s long run growth. The econometric analysis suggests the exchange rate as the most important variable in explaining China´s economic growth and in a different model specification using growth rates of exports instead of trade openness, the exchange rate remains as the main variable but export performance has almost the same relevance. Exchange rate policy seems to be a direct road to explain economic growth in China and there is no clear sign that China will increase exchange rate flexibility in the same pattern and pace suggested by most trade partners, which cannot be criticized based on China´s own interest in sustaining its export performance and economic growth.info:eu-repo/semantics/openAccessCentro de Economia PolíticaBrazilian Journal of Political Economy v.26 n.3 20062006-09-01info:eu-repo/semantics/articletext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000300005pt10.1590/S0101-31572006000300005
institution SCIELO
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country Brasil
countrycode BR
component Revista
access En linea
databasecode rev-scielo-br
tag revista
region America del Sur
libraryname SciELO
language Portuguese
format Digital
author Vieira,Flávio Vilela
spellingShingle Vieira,Flávio Vilela
China: crescimento econômico de longo prazo
author_facet Vieira,Flávio Vilela
author_sort Vieira,Flávio Vilela
title China: crescimento econômico de longo prazo
title_short China: crescimento econômico de longo prazo
title_full China: crescimento econômico de longo prazo
title_fullStr China: crescimento econômico de longo prazo
title_full_unstemmed China: crescimento econômico de longo prazo
title_sort china: crescimento econômico de longo prazo
description China: long-run economic growth. The paper aims to understand on theoretical and empirical grounds the main determinants of China´s long run growth. The econometric analysis suggests the exchange rate as the most important variable in explaining China´s economic growth and in a different model specification using growth rates of exports instead of trade openness, the exchange rate remains as the main variable but export performance has almost the same relevance. Exchange rate policy seems to be a direct road to explain economic growth in China and there is no clear sign that China will increase exchange rate flexibility in the same pattern and pace suggested by most trade partners, which cannot be criticized based on China´s own interest in sustaining its export performance and economic growth.
publisher Centro de Economia Política
publishDate 2006
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000300005
work_keys_str_mv AT vieiraflaviovilela chinacrescimentoeconomicodelongoprazo
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