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- W2356294207 abstract "The paper studies the dynamic relation between fiscal deficits and current account in China by employing the Granger-test and impulse responses function. The result indicates that there is a unidirectional causality from the fiscal deficits to the current account, the increasing fiscal deficits improves condition of current account. The further analyzing finds that, the coexisting of fiscal deficits and current account surplus is the result of special policies since the reform and opening. And with gradually changing the expansionary fiscal policy to a neutral one in macroeconomic regulation, government should close concern the impact to the current account." @default.
- W2356294207 created "2016-06-24" @default.
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- W2356294207 date "2005-01-01" @default.
- W2356294207 modified "2023-09-23" @default.
- W2356294207 title "Analysis of Dynamic Relationship between the Fiscal Deficits and the Current Account in China" @default.
- W2356294207 hasPublicationYear "2005" @default.
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