Matches in SemOpenAlex for { <https://semopenalex.org/work/W2947280232> ?p ?o ?g. }
- W2947280232 endingPage "164" @default.
- W2947280232 startingPage "147" @default.
- W2947280232 abstract "This paper investigates the dynamic impacts of uncertainty in international crude oil prices on the Chinese economy. We use two measures, sample standard deviation and conditional standard deviation estimated from a GARCH (1,1) model, to calculate uncertainty in oil prices. We find that an increase in volatility in oil prices tends to reduce the real gross domestic product (GDP) and investment, which in turn encourages the Chinese government to stabilize the economy through expansionary fiscal and monetary policy. Furthermore, when we differentiate the impacts of increases and decreases in oil price uncertainty, we obtain a symmetric result. An increase in oil price uncentainty reduces real GDP and investment, while a decrease boosts the macroeconomy. We attribute the effect of decreasing uncertainty to the combined factor of falling uncertainty and an expansionary monetary and fiscal policy. A cross-sectional check related to economic geography indicates that uncertainty shocks to oil prices has a significantly greater negative impact on real GDP and investment in eastern China, where the economy is more industrialized and depends more heavily on oil than other regions." @default.
- W2947280232 created "2019-06-07" @default.
- W2947280232 creator A5003232376 @default.
- W2947280232 creator A5028844916 @default.
- W2947280232 creator A5034503874 @default.
- W2947280232 creator A5050809806 @default.
- W2947280232 date "2019-11-01" @default.
- W2947280232 modified "2023-10-12" @default.
- W2947280232 title "How does the Chinese economy react to uncertainty in international crude oil prices?" @default.
- W2947280232 cites W1957063071 @default.
- W2947280232 cites W1967347064 @default.
- W2947280232 cites W1970108039 @default.
- W2947280232 cites W1978212308 @default.
- W2947280232 cites W1990710166 @default.
- W2947280232 cites W1991285386 @default.
- W2947280232 cites W2011690031 @default.
- W2947280232 cites W2013293463 @default.
- W2947280232 cites W2015106170 @default.
- W2947280232 cites W2019459021 @default.
- W2947280232 cites W2023096441 @default.
- W2947280232 cites W2025753296 @default.
- W2947280232 cites W2042883439 @default.
- W2947280232 cites W2044597042 @default.
- W2947280232 cites W2045564168 @default.
- W2947280232 cites W2048887570 @default.
- W2947280232 cites W2054498598 @default.
- W2947280232 cites W2056943376 @default.
- W2947280232 cites W2065691091 @default.
- W2947280232 cites W2088563154 @default.
- W2947280232 cites W2093320504 @default.
- W2947280232 cites W2094858492 @default.
- W2947280232 cites W2097241502 @default.
- W2947280232 cites W2125918664 @default.
- W2947280232 cites W2190851079 @default.
- W2947280232 cites W2417884909 @default.
- W2947280232 cites W2545951854 @default.
- W2947280232 cites W2563631782 @default.
- W2947280232 cites W2574097115 @default.
- W2947280232 cites W2591915805 @default.
- W2947280232 cites W2599397756 @default.
- W2947280232 cites W2767590499 @default.
- W2947280232 cites W2791885779 @default.
- W2947280232 cites W2809002456 @default.
- W2947280232 cites W2883269396 @default.
- W2947280232 cites W2884248620 @default.
- W2947280232 cites W2884662657 @default.
- W2947280232 cites W2889414396 @default.
- W2947280232 cites W2898256219 @default.
- W2947280232 cites W2901400886 @default.
- W2947280232 cites W2906761088 @default.
- W2947280232 cites W2927855169 @default.
- W2947280232 cites W3121346496 @default.
- W2947280232 cites W3123492012 @default.
- W2947280232 cites W3125975571 @default.
- W2947280232 cites W3126081245 @default.
- W2947280232 cites W4236290419 @default.
- W2947280232 cites W4254364814 @default.
- W2947280232 doi "https://doi.org/10.1016/j.iref.2019.05.008" @default.
- W2947280232 hasPublicationYear "2019" @default.
- W2947280232 type Work @default.
- W2947280232 sameAs 2947280232 @default.
- W2947280232 citedByCount "62" @default.
- W2947280232 countsByYear W29472802322019 @default.
- W2947280232 countsByYear W29472802322020 @default.
- W2947280232 countsByYear W29472802322021 @default.
- W2947280232 countsByYear W29472802322022 @default.
- W2947280232 countsByYear W29472802322023 @default.
- W2947280232 crossrefType "journal-article" @default.
- W2947280232 hasAuthorship W2947280232A5003232376 @default.
- W2947280232 hasAuthorship W2947280232A5028844916 @default.
- W2947280232 hasAuthorship W2947280232A5034503874 @default.
- W2947280232 hasAuthorship W2947280232A5050809806 @default.
- W2947280232 hasConcept C105795698 @default.
- W2947280232 hasConcept C114350782 @default.
- W2947280232 hasConcept C136264566 @default.
- W2947280232 hasConcept C139719470 @default.
- W2947280232 hasConcept C149782125 @default.
- W2947280232 hasConcept C162324750 @default.
- W2947280232 hasConcept C17744445 @default.
- W2947280232 hasConcept C181683161 @default.
- W2947280232 hasConcept C191935318 @default.
- W2947280232 hasConcept C199539241 @default.
- W2947280232 hasConcept C22679943 @default.
- W2947280232 hasConcept C23922673 @default.
- W2947280232 hasConcept C27548731 @default.
- W2947280232 hasConcept C2984556133 @default.
- W2947280232 hasConcept C33923547 @default.
- W2947280232 hasConcept C524878704 @default.
- W2947280232 hasConcept C556758197 @default.
- W2947280232 hasConcept C91602232 @default.
- W2947280232 hasConcept C94625758 @default.
- W2947280232 hasConceptScore W2947280232C105795698 @default.
- W2947280232 hasConceptScore W2947280232C114350782 @default.
- W2947280232 hasConceptScore W2947280232C136264566 @default.
- W2947280232 hasConceptScore W2947280232C139719470 @default.
- W2947280232 hasConceptScore W2947280232C149782125 @default.
- W2947280232 hasConceptScore W2947280232C162324750 @default.
- W2947280232 hasConceptScore W2947280232C17744445 @default.