Research on the relationship between Chinas Underground Economy and Inflation: an Empirical Study Based on the MSVAR Model
This paper uses MS (2)-VAR (1) model to study the influence of the Chinese underground economy scale change on the inflation. The research result indicates: Chinese underground economy scale changes possess two-regime characters, that is, small scale stage and large scale stage. At present, Chinese underground economy is moving towards the large scale stage. The influence of underground economy scale change on the inflation varies outstandingly when underground economy at different stages. If underground economy is at the small scale stage, its influence on inflation is weak; however, if it is at the large scale stage, it has greater influence and enhances inflation.
Underground Economy Inflation MSVAR Model
XIE Liangqiu SUN Hao
Changchun institute of technology, P.R.China, 130021 Center for Quantitative Economics of Jilin University, P.R.China, 130012
国际会议
2008年国际应用统计学术研讨会(2008 International Institute of Applied Statistics Studies)
烟台
英文
1-6
2008-08-14（万方平台首次上网日期，不代表论文的发表时间）