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A Dynamic Computable General Equilibrium Model Of The Chinese Economy
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Book Synopsis CHINAGEM—A Dynamic General Equilibrium Model of China: Theory, Data and Applications by : Xiujian Peng
Download or read book CHINAGEM—A Dynamic General Equilibrium Model of China: Theory, Data and Applications written by Xiujian Peng and published by Springer Nature. This book was released on 2023-09-24 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains detailed documentation of the CHINAGEM model - a large-scale dynamic computable general equilibrium (CGE) model of China and its applications. Specifically, this book documents the theory and database behind the CHINAGEM model. This book explores the closure development for the four simulation modes of the model including historical, decomposition, forecast and policy simulations, the detailed explanation of how to analyze simulation results, and the extensions of CHINAGEM and their applications. These extensions include several innovative modules and case studies as examples of the application of CHINAGEM. This book provides an entry point for CGE modellers to develop their analytical skills. This book can also be used as a platform for research institutes to develop CGE models suitable for their research portfolio. The module developments included in this book are designed to capture the specific features of the Chinese economy. The applications of these modules chosen in the book cover hot policy issues in China, and the simulation results have valuable policy implications. This book identifies that the CHINAGEM model itself and all the extensions can be used for analysing many new topics and policy issues such as the effects of the USA–China trade war, the effects of Made in China 2025 Plan as well as China’s commitment to the carbon neutrality before 2060 and its economic implications.
Book Synopsis A Dynamic Computable General Equilibrium Model of the Chinese Economy by : Xiao-guang Zhang
Download or read book A Dynamic Computable General Equilibrium Model of the Chinese Economy written by Xiao-guang Zhang and published by . This book was released on 1997 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Examining the Effects of External Price Shocks on the Economy of China by the Use of a Dynamic Computable General Equilibrium Model by : Nadiya Ivanivna Mankovska
Download or read book Examining the Effects of External Price Shocks on the Economy of China by the Use of a Dynamic Computable General Equilibrium Model written by Nadiya Ivanivna Mankovska and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within the framework of a dynamic CGE model for the Chinese economy, we simulate increases in global food and energy prices and appreciation of nominal exchange rate. First, our results show that increases in global prices for agricultural products in the last decade had overall positive effects on the Chinese economy: investment growth and an improved trade balance pushed the GDP up. The consumption per capita fell below the benchmark in the short to medium run but overcame this trend in the long run. The food price increases partially explain the consumer price inflation in China and the observed accumulation of foreign asset holdings. We demonstrate that restrictive policy interventions into agricultural markets have harmed the development of China's agricultural sector. Second, in contrast to the impact of increased food prices, higher global prices for energy commodities negatively influenced both the real economy and private incomes in China. Household consumption suffered the most significant effects of reduced GDP growth, . We also find that energy prices were largely responsible for the domestic inflation in the last decade. While the economic growth rate has slowed, the growth itself has continued: positive rates of growth have remained for all economic indicators, suggesting that China's economy has a strong growth foundation and is equipped to meet the challenge of increased energy prices. Third, we found that the recent appreciation of the nominal exchange rate of the yuan, the Chinese national currency, has had contractionary effects on the economy and exacerbated income inequality. Nevertheless, it has appreciably helped to curb inflation and reduced external imbalances. We argue that the yuan appreciation can serve as an effective inflation control instrument that should be accompanied by proper social policies targeting income inequality. In general, China's economy has proved strong enough to respond to global challenges. Most negative effects do not eliminate the positive growth rate but only slow it slightly. Provided proper policies, China has the potential to continue its role as a leading power in the world economy in the decades to come.
Author :Shenjie Chen Publisher :National Library of Canada = Bibliothèque nationale du Canada ISBN 13 :9780315715622 Total Pages :122 pages Book Rating :4.7/5 (156 download)
Book Synopsis A Computable General Equilibrium Model for the Chinese Economy by : Shenjie Chen
Download or read book A Computable General Equilibrium Model for the Chinese Economy written by Shenjie Chen and published by National Library of Canada = Bibliothèque nationale du Canada. This book was released on 1991 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Models of the Chinese Economy by : Peter John Lloyd
Download or read book Models of the Chinese Economy written by Peter John Lloyd and published by Edward Elgar Publishing. This book was released on 2001 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Lloyd and Zhang (economics, U. of Melbourne, Australia) note, "[t]he opening of the Chinese economy since 1979 has changed its structure profoundly...." While China is playing an increasingly important role in the world economy, its growing links with the rest of the world have rendered its course more difficult to predict. In 13 papers, international analysts offer dynamic computable general equilibrium modeling for forecasting China's economic growth and structural change; simulations taking into account such factors as foreign direct investments and trade liberalizations; and other econometric models. Replete with supporting figures and tables. c. Book News Inc.
Book Synopsis The Impact on China's Economy of Its Accession to the WTO by : Hong Zhang
Download or read book The Impact on China's Economy of Its Accession to the WTO written by Hong Zhang and published by . This book was released on 2002 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Modelling Economics Transition by : Zhang Xiaoguang
Download or read book Modelling Economics Transition written by Zhang Xiaoguang and published by . This book was released on 1995 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Growth and Structural Changes in the Chinese Economy : 1996-2000 by : Xiao-guang Zhang
Download or read book The Growth and Structural Changes in the Chinese Economy : 1996-2000 written by Xiao-guang Zhang and published by . This book was released on 1996 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Effects of Co2 Emission Limits by : ZhongXiang Zhang
Download or read book Macroeconomic Effects of Co2 Emission Limits written by ZhongXiang Zhang and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes the macroeconomic effects of abating China's CO2 emissions by using a dynamic computable general equilibrium model of the Chinese economy. The baseline scenario for the Chinese economy is first developed. Next, we analyze the economic implications of two less restrictive scenarios under which China's CO2 emissions in 2010 are cut by 20% and 30% relative to the baseline. Then, we calculate the efficiency gains of four indirect tax offset scenarios relative to the two tax retention scenarios. Furthermore, we compare our results with those from GLOBAL 2100 and GREEN. Such a comparison shows that the carbon taxes required in China are much lower than those for both industrialized countries and the world average in order to achieve the same percentage of emission reductions relative to the baseline. This points to opportunities for clean development projects jointly implemented between industrialized countries and China.
Book Synopsis A General Equilibrium Computation of Market Distortions in the Chinese Economy by : Juzhong Zhuang
Download or read book A General Equilibrium Computation of Market Distortions in the Chinese Economy written by Juzhong Zhuang and published by . This book was released on 1993 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Theory And Programming Of Computable General Equilibrium (Cge) Models: A Textbook For Beginners by : Gene H Chang
Download or read book Theory And Programming Of Computable General Equilibrium (Cge) Models: A Textbook For Beginners written by Gene H Chang and published by World Scientific. This book was released on 2022-02-18 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book adopts a typical textbook approach and format for CGE beginners to learn and master the subject. It explains the economics theory behind the CGE models. The learning proceeds step by step from basic economic theories to advanced topics, from simple to more comprehensive CGE structures along with the corresponding computer programs. Each chapter reviews relevant economic theories; illustrates new material with examples, diagrams and exercises; and provides the mathematical models along with the GAMS computer programing codes. At the end of a chapter, exercises are assigned for practice and enhancing understanding.
Book Synopsis Chinese Macroeconomy by : Ninghua Sun
Download or read book Chinese Macroeconomy written by Ninghua Sun and published by Taylor & Francis. This book was released on 2022-10-17 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deploys quantitative methods to focus on the operation of the Chinese economy as a whole since the reforms in 1978, by combining a range of mathematical, algorithmic and computational methods to analyze rich empirical data, seeking to demonstrate the long-term economic trends and dynamics of economic growth and fluctuations in China. To answer the core question of how the Chinese economy became what it is, the author draws on dynamic stochastic general equilibrium (DSGE) modeling and calibration, while also exploring microfoundations to reveal optimization behavior within a context of economic change at the macrolevel. The book examines internal shocks in the Chinese economic system, including institutional changes, credit policy and monetary policy, which are all closely associated with issues of enhancing the coordination and sustainability of development and the effectiveness and efficiency of policy reforms. It also elaborates on China’s close interactions with the global economy, shedding light on the dynamic effects of energy prices, the Chinese Yuan exchange rate and foreign direct investment. This book is an essential reference for researchers and students interested in the Chinese economy, methods of microeconomic dynamics and macroeconomic theory and policy.
Book Synopsis Modelling the Post-reform Chinese Economy by : Will Martin
Download or read book Modelling the Post-reform Chinese Economy written by Will Martin and published by . This book was released on 1990 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Energy Policy in China by : ZhongXiang Zhang
Download or read book The Economics of Energy Policy in China written by ZhongXiang Zhang and published by Edward Elgar Publishing. This book was released on 1998 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Various economic models are used in analyzing cost estimates for limiting carbon dioxide emissions, including an input-output approach, dynamic optimization and a computable general equilibrium approach. Topics include strategies for responding to climate change, policy instruments to control carbon dioxide emissions, the Chinese energy system, possible sectoral and macroeconomic effects of limiting carbon dioxide emissions, and the effects of recycling carbon tax revenues and compliance with carbon dioxide limits in China's power industry. Annotation copyrighted by Book News, Inc., Portland, OR
Book Synopsis A Two-tier Price General Equilibrium Model of the Chinese Economy by : Zhang Xiaoguang
Download or read book A Two-tier Price General Equilibrium Model of the Chinese Economy written by Zhang Xiaoguang and published by . This book was released on 1994 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Econometric Modeling of China by : Lawrence Robert Klein
Download or read book Econometric Modeling of China written by Lawrence Robert Klein and published by World Scientific. This book was released on 2000 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the very first book to offer seven substantial econometric models of the Chinese economy with the statistical data used, so that the reader will be able to reproduce them all and test them for any policy alternatives.The book presents up-to-date models produced both inside and outside China, so that readers can understand most of the advanced studies of the Chinese economy by Chinese experts at the present time. This is an invaluable reference for graduate students and scholars working on Chinese economic problems.