Money and monetization in China's economic reform
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
| Original language | English |
|---|---|
| Pages (from-to) | 1139-1145 |
| Journal / Publication | Applied Economics |
| Volume | 29 |
| Issue number | 9 |
| Publication status | Published - Sept 1997 |
Link(s)
Abstract
In addition to privatization, marketization, liberalization and pragmatization, monetization has been argued as the fifth feature in China's economic reform. If monetization is taken to mean a process through which variations in money supply or interest rate are to affect macroeconomic variables, the construction of four causality relationships between interest rate and savings, money and inflation, interest rate and investment, and money and national income do not support the evidence of such a process in China between the late 1970s and early 1990s.
Citation Format(s)
Money and monetization in China's economic reform. / Li, Kui-Wai.
In: Applied Economics, Vol. 29, No. 9, 09.1997, p. 1139-1145.
In: Applied Economics, Vol. 29, No. 9, 09.1997, p. 1139-1145.
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
