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Study on the relationship among Chinese unemployment rate, economic growth and inflation

Advances in Applied Economics and Finance

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Title Study on the relationship among Chinese unemployment rate, economic growth and inflation
 
Creator Li, Changshuai; university of shanghai for science and technology
Liu, Zi-juan
 
Subject Unemployment rate, Economic growth, Inflation, VAR
 
Description This paper attempts to estimate VAR Model of interaction mechanisms of unemployment rate, economic growth and inflation rate in china. Also we identify the co-integrating vectors to establish the long-run relationship among these variables by using annual data from 1978 to 2010, on this base the Error correction model of them is also established. The results show that there is a long-term stable equilibrium relationship among them, in the short term, however, economic growth is positive correlated with unemployment rate while inflation and unemployment rate are negative correlated with inflation.
 
Publisher World Science Publisher
 
Contributor
 
Date 2012-03-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://worldsciencepublisher.org/journals/index.php/AAEF/article/view/31
 
Source Advances in Applied Economics and Finance; Vol 1, No 1 (2012); 1-6
2167-6348
 
Language eng
 
Relation http://worldsciencepublisher.org/journals/index.php/AAEF/article/view/31/79
 
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