IMF Working Papers

China’s Economic Growth: International Spillovers

By Athanasios Vamvakidis, Vivek B. Arora

July 1, 2010

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Athanasios Vamvakidis, and Vivek B. Arora China’s Economic Growth: International Spillovers, (USA: International Monetary Fund, 2010) accessed September 18, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper presents some facts on China’s role in the world economy and measures the impact of China’s growth on growth in the rest of the world in the short and long term. Short-run estimates based on VARs and error-correction models suggest that spillover effects of China’s growth have increased in recent decades. Long-term spillover effects, estimated through growth regressions based on panel data, are also significant and have extended in recent decades beyond Asia. The estimates are robust to the effects of global and regional shocks, changes in model specification, and sample period.

Subject: Direction of trade, Exports, Imports, Market exchange rates, Spillovers

Keywords: China, Estimate, Trade, WP

Publication Details

  • Pages:

    23

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2010/165

  • Stock No:

    WPIEA2010165

  • ISBN:

    9781455201761

  • ISSN:

    1018-5941