1
An econometric model for the People's Republic of China | |
Author | Hai, Song |
Call Number | AIT Thesis no. IE-87-10 |
Subject(s) | China--Economic conditions--Econometric models |
Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering, School of Engineering and Technology |
Publisher | Asian Institute of Technology |
Series Statement | Thesis ; no. IE-87-10 |
Abstract | An econometric model for the Chinese economy is presented in this study in order to quantify the economic structure of China as well as to forecast the economic development level of China by the end of this century . Starting from the discussion of the general methods of mode l-building, the study describe the Chinese economic structure and environment , and then goes through a complete process of model-building for China. The model constructed in this study consists of 43 equations , of which 23 are stochastic while 20 are definitions. 27 exogenous variables including 12 dummy variables are introduced in this study . The model is divided into four parts: Investment a nd formation of fixed assets of state-owned units, Production of society, Generation of national income and Distribution of national income . Static and dynamic simulations of the model are undertaken in this study. The simulation results show that the model works well in the observation period. A number of estimated equations of the model are selected for analysis in order to study the structure of the Chinese economy . The forecasts of the Chinese economy by the end of this century combined with an analysis of policy-making are presented in this study. The forecasting results show that the Chinese economy will grow at a stable and high rate if the proper po1icy is adopted. |
Year | 1987 |
Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. IE-87-10 |
Type | Thesis |
School | School of Engineering and Technology |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Industrial Engineering (IE) |
Chairperson(s) | Frausum, Yves G. Van; |
Examination Committee(s) | Clarke Harry R. ;Verbiest, Jean-Pierre A. ; |
Scholarship Donor(s) | The Government of Japan; |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 198 |