Meta-analysis of Chinese business cycle correlation
Fidrmuc, Jarko; Korhonen, Iikka (03.08.2018)
Tässä tietueessa ei ole tiedostoja, ainoastaan metadata.
JulkaisusarjaPacific Economic Review
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201901111028
We review previous research on China's business cycle correlation with other economies applying meta‐analysis. We survey 71 papers analysing the different periods of Chinese economic development since the 1950s that were published in English or Chinese. We confirm that Pacific Rim economies in particular have relatively high business cycle correlation with China. It appears that many characteristics of the studies and authors influence the reported degree of business cycle synchronization. For instance, Chinese‐language papers report higher correlation coefficients. Despite this, we do not detect robust evidence for publication bias in the papers. Moreover, we show that the broad evidence does not confirm the popular decoupling hypothesis.
Published in BOFIT Discussion Papers 6/2015.