IDEAS home Printed from https://ideas.repec.org/p/wpa/wuwpem/0306002.html
   My bibliography  Save this paper

Estimating Economic Effects of Political Movements in China

Author

Listed:
  • Gregory C. Chow

    (Princeton University)

Abstract

To measure the economic effects of political movements in China a simple econo-metric model is constructed. Investment is determined by a central planner maximizing a multiperiod objective function. Political events are modeled by exogenous changes in the shocks to productivity and to investment which affect the time paths of major economic variables. Effects of the events are measured by comparing the time paths generated by the model with and without the changes in the shocks. Without the Great Leap output and consumption per capita would have been 2.0 times as great in 1993, without the Cultural Revolution, 1.2 times as great.

Suggested Citation

  • Gregory C. Chow, 2003. "Estimating Economic Effects of Political Movements in China," Econometrics 0306002, EconWPA.
  • Handle: RePEc:wpa:wuwpem:0306002
    Note: Published Journal of Comparative Politics Vol 23, (1996) pp 192-208
    as

    Download full text from publisher

    File URL: http://econwpa.repec.org/eps/em/papers/0306/0306002.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Chow, Gregory C., 1992. "Dynamic optimization without dynamic programming," Economic Modelling, Elsevier, vol. 9(1), pages 3-9, January.
    2. Gregory C. Chow, 1993. "Capital Formation and Economic Growth in China," The Quarterly Journal of Economics, Oxford University Press, vol. 108(3), pages 809-842.
    3. Chow, Gregory C., 1993. "Optimal control without solving the Bellman equation," Journal of Economic Dynamics and Control, Elsevier, vol. 17(4), pages 621-630, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Econometrics;

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • C4 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpem:0306002. 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: (EconWPA). General contact details of provider: http://econwpa.repec.org .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.