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China's regional inflation: An empirical study of Phillips curve
Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics.
2015 (English)Independent thesis Advanced level (degree of Master (Two Years)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This thesis is aimed at investigating the situation of divergent inflation rates of all provinces in China by the year 2000 to 2013. In order to investigate whether inflation is divergent in China, the study establishes a modified Phillips Curve model, to verify whether the Phillips curve is applicable to China, whether the provinces’ inflation rates are displaying a similar sensitivity to changes in unemployment or the output gap as the average of China. This study uses the Panel Least Square for all provinces, and the time series is used to test for each province compared with average of China separately. The result shows that the provincial inflation rates have different sensitivity to changes in the output gap compared with the average of China. Additionally, the original Phillips curves and modified Phillips curves are applicable for provinces of China when the fixed effect at regional level.

Place, publisher, year, edition, pages
2015. , 33 p.
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-27860ISRN: JU-IHH-NAA-2-20150042OAI: oai:DiVA.org:hj-27860DiVA: diva2:851453
Subject / course
IHH, Economics
Presentation
2015-08-20, B2011, Jönköping University Foundation, Gjuterigatan 5, JÖNKÖPING, 12:00 (English)
Supervisors
Examiners
Available from: 2015-09-10 Created: 2015-09-04 Last updated: 2015-09-10Bibliographically approved

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
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