Understanding Chinese consumption goods imports.

Understanding Chinese consumption goods imports.

作者:

Thorbecke, Willem1 willem-thorbecke@rieti.go.jp

資料來源:

Journal of Policy Modeling. Jan2016, Vol. 38 Issue 1, p96-102. 7p.

文件類型:

Article

主題術語:

*CONSUMPTION (Economics)
*RESEARCH
*IMPORTS
*MARKETING
*PER capita
*GROSS domestic product
CHINA
LEAST squares

作者提供的關鍵字:

China
Exchange rate elasticities
F32
F41

摘要:

China's consumption imports per capita in 2012 equaled $36, much less than comparable countries’ imports. This paper investigates the determinants of consumption imports. Evidence from panel dynamic ordinary least squares estimation and imports from 20 leading trading partners over the 1992–2012 period indicates that GDP growth and renminbi appreciation would cause large increases in China'sconsumption imports. Thus if policymakers continue fostering growth and development and continue allowing the renminbi to appreciate, they would enable Chinese consumers to purchase more medicine, food, and other goods from the rest of the world. [ABSTRACT FROM AUTHOR]

 

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作者所屬機構:

1Research Institute of Economy, Trade and Industry, Japan

ISSN:

0161-8938

DOI:

10.1016/j.jpolmod.2015.12.002

入藏號碼:

112850085