Advanced Search
MyIDEAS: Login

China's Inflation: Demand-Pull or Cost-Push?

Contents:

Author Info

  • Xiaojing Zhang

    ()
    (Institute of Economics, Chinese Academy of Social Sciences (CASS))

Registered author(s):

    Abstract

    This paper studies the determinants of China's inflation and finds that demand-pull factors have been more important than cost-push factors in driving the inflation in the past decade. Because China's economic growth will gradually moderate and because the adjustment of the prices of the factors of production is also underway, the cost-push factors may soon play a more significant role in driving future inflation. Thus the Keynesian-style demand-side policy will not be enough to control inflation. More attention must now be given to supply-side management—such as dismantling monopolies, boosting private investment, encouraging innovation, and improving productivity—to mitigate the medium- to long-term inflation pressure. © 2012 The Earth Institute at Columbia University and the Massachusetts Institute of Technology.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.mitpressjournals.org/doi/pdf/10.1162/ASEP_a_00169
    File Function: link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by MIT Press in its journal Asian Economic Papers.

    Volume (Year): 11 (2012)
    Issue (Month): 3 (October)
    Pages: 92-106

    as in new window
    Handle: RePEc:tpr:asiaec:v:11:y:2012:i:3:p:92-106

    Contact details of provider:
    Web page: http://mitpress.mit.edu/journals/

    Order Information:
    Web: http://www.mitpressjournals.org/loi/asep

    Related research

    Keywords: inflation; demand factors; labor cost; and supply-side management;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:tpr:asiaec:v:11:y:2012:i:3:p:92-106. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Karie Kirkpatrick).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.