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How does the Chinese economy react to uncertainty in international crude oil prices
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TLDR
In this paper, the authors investigated the dynamic impacts of uncertainty in international crude oil prices on the Chinese economy and found that an increase in volatility in oil prices tends to reduce the real gross domestic product (GDP) and investment, which in turn encourages the Chinese government to stabilize the economy through expansionary fiscal and monetary policy.About:
This article is published in International Review of Economics & Finance.The article was published on 2019-11-01. It has received 61 citations till now. The article focuses on the topics: Real gross domestic product & Fiscal policy.read more
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Economic policy uncertainty (EPU) and firm carbon emissions: Evidence using a China provincial EPU index
TL;DR: In this article, the authors examined the impact of economic policy uncertainty on manufacturing firms' carbon emission intensity, including the innovation channel, share of fossil fuels in the total energy consumption channel, and energy intensity channel.
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Dynamic co-movement between oil and stock markets in oil-importing and oil-exporting countries: Two types of wavelet analysis
Zhuhua Jiang,Seong-Min Yoon +1 more
TL;DR: In this article, the authors explored the dynamic co-movement between oil and six stock markets (China, India, Japan, Saudi Arabia, Russia, and Canada) by using two types of wavelet analysis (wavelet multi-scale decomposition and wavelet coherence) and found that the stock prices are more influenced by oil prices in oil exporting countries than in oil importing countries.
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Impact of transportation infrastructure on industrial pollution in Chinese cities: A spatial econometric analysis
TL;DR: Wang et al. as discussed by the authors used the Spatial Durbin Model and balanced panel data from 280 of China's cities spanning 2003 to 2015 to investigate the impact of transportation infrastructure on air pollution.
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The volatility of natural resource prices and its impact on the economic growth for natural resource-dependent economies: A comparison of oil and gold dependent economies
TL;DR: In this paper, the authors investigated the volatility of natural resources, oil and gold, and studied the impact of volatility in natural resource prices for resource-producing economies, and found that in the long run, the volatility in both commodities markets could be detrimental to the economic growth as measured by the GDP for the resource producing economies.
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The effects of economic policy uncertainty on outward foreign direct investment
TL;DR: In this paper, the impact of economic policy uncertainty has on foreign direct investment (FDI), which has long remained elusive due to the challenge of thoroughly and accurately quantifying uncertainty, and the authors demonstrate a strong causal link between the level of economy policy uncertainty and U.S. outward FDI flow.
References
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Macroeconomics and reality
TL;DR: In this article, the authors argue that the style in which their builders construct claims for a connection between these models and reality is inappropriate, to the point at which claims for identification in these models cannot be taken seriously.
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Postwar U.S. Business Cycles: An Empirical Investigation
TL;DR: In this article, a procedure for representing a times series as the sum of a smoothly varying trend component and a cyclical component is proposed, and the nature of the comovements of the cyclical components of a variety of macroeconomic time series is documented.
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Measuring Economic Policy Uncertainty
TL;DR: The authors developed a new index of economic policy uncertainty based on newspaper coverage frequency and found that policy uncertainty spikes near tight presidential elections, Gulf Wars I and II, the 9/11 attacks, the failure of Lehman Brothers, the 2011 debt ceiling dispute and other major battles over fiscal policy.