Output-inflation tradeoff in China
The rate of inflation in China has behaved cyclically, and two inflationary spells have appeared in the past decade. The author examines the short-run inflation dynamics during the reform period to derive numerically the output-inflation tradeoff. According to him, the high growth and wide fluctuati...
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Veröffentlicht in: | The developing economies |
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
1997
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Zusammenfassung: | The rate of inflation in China has behaved cyclically, and two inflationary spells have appeared in the past decade. The author examines the short-run inflation dynamics during the reform period to derive numerically the output-inflation tradeoff. According to him, the high growth and wide fluctuations of investment appear to be the main driving forces of the rate of inflation. (DÜI-Sen) |
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Beschreibung: | Graph. Darst 1 graph. Darst., 4 Tab., Lit. S. 136-137 |
ISSN: | 0012-1533 |