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
1. Verfasser: Imai, Hiroyuki (VerfasserIn)
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)
Beschreibung:Graph. Darst
1 graph. Darst., 4 Tab., Lit. S. 136-137
ISSN:0012-1533