Monetary growth and inflation in China: A re-examination

Hasan, Mohammad S (1999) Monetary growth and inflation in China: A re-examination. Journal of Comparative Economics, 27 (4). pp. 669-685. ISSN 0147-5967 . (The full text of this publication is not available from this repository)

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Official URL
http://dx.doi.org/10.1006/jcec.1999.1607

Abstract

Using the notion of cointegration theory and its implied vector error correction modeling strategy, this paper reexamines the relationship between monetary forces and inflation in mainland China. Contrary to most recent research in this area, these results based on unit root and cointegration tests indicate a reliable long-run relationship between the general price level and the money stock, as well as between inflation and monetary growth. Our findings also suggest a bi-directional or feedback relationship between inflation and monetary growth

Item Type: Article
Subjects: H Social Sciences
Divisions: Faculties > Social Sciences > Kent Business School > Accounting and Finance
Depositing User: Rebecca Stevenson
Date Deposited: 27 Jan 2010 11:51
Last Modified: 27 Jan 2010 11:51
Resource URI: http://kar.kent.ac.uk/id/eprint/23608 (The current URI for this page, for reference purposes)
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