Win-win? Assessing the global impact of the Chinese economy

We study the global impact of the Chinese economy based on a novel indirect approach where the spillover effect is quantified from a forecast error model under relatively favorable identifying conditions. Findings from the real-time World Economic Outlook data over the period 2004 ̶ 2015 indicate th...

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Autores principales:	Risto Herrala, Fabrice Orlandi
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	C2 F15 F440 Regional economics. Space in economics HT388
Acceso en línea:	https://doaj.org/article/cef7dfe1d8cb488b975e6105371c0add
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spelling	oai:doaj.org-article:cef7dfe1d8cb488b975e6105371c0add2021-12-03T04:01:21ZWin-win? Assessing the global impact of the Chinese economy2667-111510.1016/j.aglobe.2021.100006https://doaj.org/article/cef7dfe1d8cb488b975e6105371c0add2021-01-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2667111521000062https://doaj.org/toc/2667-1115We study the global impact of the Chinese economy based on a novel indirect approach where the spillover effect is quantified from a forecast error model under relatively favorable identifying conditions. Findings from the real-time World Economic Outlook data over the period 2004 ̶ 2015 indicate that an increase in economic growth in China had a negative impact on most other economies one to two years ahead. The estimations furthermore uncover evidence at the global level that spillover propagated by influencing prices, including global commodity prices, which tend to increase in reaction to accelerating economic growth in China.Risto HerralaFabrice OrlandiElsevierarticleC2F15F440Regional economics. Space in economicsHT388ENAsia and the Global Economy, Vol 1, Iss 1, Pp 100006- (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	C2 F15 F440 Regional economics. Space in economics HT388
spellingShingle	C2 F15 F440 Regional economics. Space in economics HT388 Risto Herrala Fabrice Orlandi Win-win? Assessing the global impact of the Chinese economy
description	We study the global impact of the Chinese economy based on a novel indirect approach where the spillover effect is quantified from a forecast error model under relatively favorable identifying conditions. Findings from the real-time World Economic Outlook data over the period 2004 ̶ 2015 indicate that an increase in economic growth in China had a negative impact on most other economies one to two years ahead. The estimations furthermore uncover evidence at the global level that spillover propagated by influencing prices, including global commodity prices, which tend to increase in reaction to accelerating economic growth in China.
format	article
author	Risto Herrala Fabrice Orlandi
author_facet	Risto Herrala Fabrice Orlandi
author_sort	Risto Herrala
title	Win-win? Assessing the global impact of the Chinese economy
title_short	Win-win? Assessing the global impact of the Chinese economy
title_full	Win-win? Assessing the global impact of the Chinese economy
title_fullStr	Win-win? Assessing the global impact of the Chinese economy
title_full_unstemmed	Win-win? Assessing the global impact of the Chinese economy
title_sort	win-win? assessing the global impact of the chinese economy
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/cef7dfe1d8cb488b975e6105371c0add
work_keys_str_mv	AT ristoherrala winwinassessingtheglobalimpactofthechineseeconomy AT fabriceorlandi winwinassessingtheglobalimpactofthechineseeconomy
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Win-win? Assessing the global impact of the Chinese economy

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