Has China's Economy Become More Stable and Inertial? Nonlinear Investigations Based on Structural Break and Duration Dependent Regime Switching Models
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- Woon Kan Yap & Siong Hock Law & Judhiana Abdul-Ghani, 2019. "Effects of Credit Market Freedom on Output Reallocation in China's Banking Sector Through the Intermediation of Cost X-inefficiency," Annals of Economics and Finance, Society for AEF, vol. 20(2), pages 691-720, November.
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Keywords
Structural break; Duration dependent transition; Growth inertia;All these keywords.
JEL classification:
- C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
- N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
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