Mostrar el registro sencillo del ítem
On the dynamics of sovereign debt in China: Sustainability and structural change
| dc.contributor.author | Cuestas, Juan Carlos | |
| dc.contributor.author | Regis, Paulo José | |
| dc.date.accessioned | 2023-12-11T16:16:39Z | |
| dc.date.available | 2023-12-11T16:16:39Z | |
| dc.date.issued | 2018-01 | |
| dc.identifier.citation | Cuestas, Juan Carlos and Regis, Paulo José (2018) On the dynamics of sovereign debt in China: sustainability and structural change. Economic Modelling, 68, 356-359. doi:10.1016/j.econmod.2017.08.003 | ca_CA |
| dc.identifier.issn | 0264-9993 | |
| dc.identifier.issn | 1873-6122 | |
| dc.identifier.uri | http://hdl.handle.net/10234/205140 | |
| dc.description.abstract | The dynamics of public debt are an important determinant of the macroeconomic environment of an economy and of the investment climate in the private sector. There have been concerns recently about the sustainability of debt in China, given the surge in the fiscal deficit in the last few years that has aided economic activity. This paper aims to shine some light on the dynamics of public debt in the Chinese economy given the risk of a debt crisis, taking nonlinearities and structural breaks into account. Our results show that caution needs to be exercised as there was a clear trend in 2014 towards an unsustainable path in the debt-to-GDP ratio. | ca_CA |
| dc.format.extent | 4 p. | ca_CA |
| dc.format.mimetype | application/pdf | ca_CA |
| dc.language.iso | eng | ca_CA |
| dc.publisher | Elsevier | ca_CA |
| dc.relation | Desequilibrios macroenómicos, crecimiento y gobernanza en la Eurozona | ca_CA |
| dc.relation.isPartOf | Economic Modelling, 2018, vol. 68 | ca_CA |
| dc.rights | Copyright © Elsevier B.V. All rights reserved. | ca_CA |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | ca_CA |
| dc.subject | public debt | ca_CA |
| dc.subject | sustainability | ca_CA |
| dc.subject | structural breaks | ca_CA |
| dc.subject | nonlinearities | ca_CA |
| dc.title | On the dynamics of sovereign debt in China: Sustainability and structural change | ca_CA |
| dc.type | info:eu-repo/semantics/article | ca_CA |
| dc.identifier.doi | https://doi.org/10.1016/j.econmod.2017.08.003 | |
| dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca_CA |
| dc.relation.publisherVersion | https://www.sciencedirect.com/science/article/pii/S0264999317306843 | ca_CA |
| dc.description.sponsorship | The views expressed are those of the authors and do not necessarily represent the official views of Eesti Pank or the Eurosystem. Comments from two anonymous referees and the editor are gratefully acknowledged. The usual disclaimer applies. Juan Carlos Cuestas gratefully acknowledges the financial support from the MINECO (Ministerio de Economía y Competitividad, Spain) research grant ECO2014-58991-C3-2-R and the Generalitat Valenciana project AICO/2016/038. | |
| dc.type.version | info:eu-repo/semantics/acceptedVersion | ca_CA |
| project.funder.identifier | http://dx.doi.org/10.13039/501100003329 | ca_CA |
| project.funder.name | Ministerio de Economía y Competitividad (España) | ca_CA |
| project.funder.name | Generalitat Valenciana | ca_CA |
| oaire.awardNumber | MINECO/ICTI2013-2016/ECO2014-58991-C3-2-R | ca_CA |
| oaire.awardNumber | AICO/2016/038 | ca_CA |
| dc.subject.ods | 8. Trabajo decente y crecimiento económico | ca_CA |
Ficheros en el ítem
Este ítem aparece en la(s) siguiente(s) colección(ones)
-
ECO_Articles [696]
Excepto si se señala otra cosa, la licencia del ítem se describe como: Copyright © Elsevier B.V. All rights reserved.
