National agenda, politics, and macroeconomic performance: An empirical study of growth, inflation, and employment in China
Journal of Chinese Economic and Foreign Trade Studies
ISSN: 1754-4408
Article publication date: 22 June 2010
Abstract
Purpose
The purpose of this paper is to explore the relationship between China's macroeconomic performance and cyclic political events.
Design/methodology/approach
The research is hypothesis‐derived and empirically driven.
Findings
In China, economic growth has been largely consistent under different leaderships, and inflation and unemployment tend to be low during the year in which the Communist Party of China convenes its Congress.
Research limitations/implications
Further multivariate, time‐series analysis is expected.
Practical implications
Periodic adjustments in monetary and fiscal policies will benefit sustainable economic growth and social stability.
Originality/value
This is the first empirical work to explore a systematic relationship between cyclic political changes or events and macroeconomic performance in China.
Keywords
Citation
Feng, Y. (2010), "National agenda, politics, and macroeconomic performance: An empirical study of growth, inflation, and employment in China", Journal of Chinese Economic and Foreign Trade Studies, Vol. 3 No. 2, pp. 97-109. https://doi.org/10.1108/17544401011052258
Publisher
:Emerald Group Publishing Limited
Copyright © 2010, Emerald Group Publishing Limited