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
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Creator |
Li, Changshuai; university of shanghai for science and technology
Liu, Zi-juan |
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Subject |
Unemployment rate, Economic growth, Inflation, VAR
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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.
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Publisher |
World Science Publisher
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Contributor |
—
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Date |
2012-03-31
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://worldsciencepublisher.org/journals/index.php/AAEF/article/view/31
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Source |
Advances in Applied Economics and Finance; Vol 1, No 1 (2012); 1-6
2167-6348 |
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Language |
eng
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Relation |
http://worldsciencepublisher.org/journals/index.php/AAEF/article/view/31/79
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Rights |
Copyright NoticeProposed Creative Commons Copyright Notices1. Proposed Policy for Journals That Offer Open AccessAuthors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).Proposed Policy for Journals That Offer Delayed Open AccessAuthors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication, with the work [SPECIFY PERIOD OF TIME] after publication simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
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