Money and monetization in China's economic reform

Applied Economics

Volumn 29, Issue 9, 1997, Pages 1139-1146

  Li, Kui Wai ^a  

^a CITY UNIVERSITY OF HONG KONG   (Hong Kong)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0001464508     PISSN: 00036846     EISSN: None     Source Type: Journal    
DOI: 10.1080/00036849700000004     Document Type: Article

References (48)

1. Akaike, H. (1969) Statistical Predictor Identification, Annals of the Institute of Statistical Mathematics, 21, 203-217.
2. Bettelheim, Charles (1988) Economic Reform in China, Journal of Economic Studies, July, 15-49.
3. Blejer, Mario and Szapary, Gyorgy (1990) The Evolving Role of Tax Policy in China, Journal of Comparative Economics, 14 (3), September, 452-72.
4. Bowerman, Bruce L. and O'Connell, Richard T. (1993) Forecasting and Time Series: An Applied Approach, third edition, Duxbury Press, New York.
5. Burton, David and Ha, Jiming (1990) Economic Reform and the Demand for Money in China, Asian Department, WP/90/42, International Monetary Fund, Washington DC.
6. Byrd, William (1983) China's Financial System, Westview Press, Boulder, Co.
7. Carrington, Samantha (1992) The Inevitability of Hyperinflation in Russia, Working Paper, California State University, Los Angeles.
8. Chang, Gene Hsin (1994) Monetary Overhang: Do Centrally Planned Economies Have Excessive Money Stocks? Contemporary Economic Policy, 22 (3), July, 79-90.
9. Chen, Chien Hsun (1989) Monetary Aggregate and Macroeconomic Performance, Journal of Comparative Economics, 13, 314-24.
10. Chen, Kuan, Jefferson, Gary H., Rawski, Thomas G., Wang, Hongchang and Zheng, Yuxin (1988) New Estimates of Fixed Investment and Capital Stock for Chinese State Industry. China Quarterly, 114, June, 243-66.
11. Chen, Nai Ruenn and Hou, Chi-ming (1986) China's Inflation 1979-1983: Measurement and Analysis. Economic Development and Cultural Change, 34 (4), July, 811-35.
12. Chow, Gregory C. (1987) Money and Price Level Determination in China, Journal of Comparative Economics. 11, 319-33.
13. Deaton, Angus (1989) Savings in Developing Countries: Theory and Review. Proceedings of the World Bank Annual Conference on Development Economics, The World Bank, Washington.
14. Dipchand, Cecil R., Zhang, Yichun and Ma, Mingjia (1994) The Chinese Financial System, Greenwood Press, Westport, CT.
15. Feltenstein, Andrew and Farhadian, Ziba (1987) Fiscal Policy, Monetary Targets and the Price Level in a Centrally Planned Economy: An Application to the Case of China, Journal of Money, Credit, and Banking, 19 (2), 137-56.
16. Feltenstein, Andrew and Ha, Jiming (1991) Measurement of Repressed Inflation in China, Journal of Development Economics, 36, 279-94.
17. Granger, Clive W. J. (1969) Investigating Causal Relations by Econometric Models and Cross Spectral Methods, Econometrica, 37 (July), 424-38.
18. Holden, K. and Broomhead, A. (1990) An Examination of Vector Autoregressive Forecasts for the U.K. Economy, International Journal of Forecasting, 6, 11-23.
19. Hou, Jack W. (1993) Modernization and the Chinese Experience, in Sudershan Chawla and Arnold P. Kaminsky (eds) Modernization in Asia, Westview, Boulder, CO.
20. Hou, Jack. W. and Fei, John C. H. (1992) Capitalism and Urban Reform in Socialistic China, 67th Annual Conference of the Western Economic Association International, San Francisco, July.
21. Hou, Jack W., Fei, John C. H. and Wang, Yia-jing (1992) Rural Reform: Evolution of the Dualistic Economy of the Socialistic China, 19th Eastern Economic Conference, Washington, DC, March.
22. Hsiao, Cheng (1981) Autoregressive Modelling and Money-Income Causality Detection, Journal of Monetary Economics, 1 (1), January, 85-106.
23. Jefferson, Gary H. and Rawski, Thomas G. (1994) Enterprise Reform in Chinese Industry, Journal of Economic Perspectives, 8 (2), Spring, 47-70.
24. Kaen, Fred R. and Hachey, George A. (1983) Eurocurrency and National Money Market Interest Rates: An Empirical Investigation of Causality, Journal of Money, Credit, and Banking, 15 (3), August, 327-38.
25. Li, Kui-Wai (1992) Savings, Foreign Resources and Monetary Aggregates in China 1954-1989, China Economic Review, 3 (2), 125-33.
26. Li, Kui-Wai (1994) Financial Repression and Chinese Economic Reform, Praeger Press, Westport, CT.
27. Li, Kui-Wai (1996a) Some Thoughts on China's 1995 Bank Reform, Department of Economics and Finance Working Paper Series No. 78, City University of Hong Kong, May.
28. Li, Kui-Wai (1996b) The Changing Economic Environment in People's Republic of China, Department of Economics and Finance Working Paper Series No. 76, City University of Hong Kong, March.
29. Li, Kui-Wai and Leung, Winson S. C. (1994) Causal Relationships Among Economic Aggregates in China, Applied Economics, 26, 1189-96.
30. Li, Kui-Wai and Skully, Michael T. (1991) Financial Deepening and Institutional Development: Some Asian Experiences, Savings and Development, 25 (2), 147-65.
31. Li, Kui-Wai and Skully, Michael T. (1992) Accumulation of Financial Resources in Asian Economies, Savings and Development, 26 (3), 225-41.
32. McKinnon, Ronald I. (1973) Money and Capital in Economic Development, Brookings Institution, Washington, DC.
33. Feeble, Gavin (1991) Money in the People's Republic of China, Allen and Unwin, Sydney.
34. Perkins, Dwight (1988) Reforming China's Economic System, Journal of Economic Literature, 26 (2), 601-45.
35. Perkins, Dwight (1994) Completing China's Move to the Market, Journal of Economic Perspectives, 8 (2), Spring, 23-46.
36. Portes, Richard R. and Santorum, Anita (1987) Money and the Consumption Goods Markets in China, Journal of Comparative Economics, 11, 354-71.
37. Samuels on, Paul A. (1992) China: A Sleeping Economic Giant. Economic Times, 25 May, Taipei.
38. Shaw, Edward S. (1973) Financial Deepening in Economic Development, Oxford University Press, New York.
39. Spiegel, Mark (1994) Gradualism and Chinese Financial Reforms, FRBSF Weekly Letter, 94-44, December.
40. Szapary, Gyorgy (1989) Monetary Policy and System Reform in China, Ninth Latin American Meeting of the Econometric Society, Santiago, Chile.
41. Tang, Xu and Li, Kui-Wai (1997) Money and Banking in China, in Kui-Wai Li, (ed.) Financing China Trade and Investment, Praeger Press, Westport, CT, April, 13-42.
42. Thornton, Daniel and Batten, Dallas S. (1985) Lag-length Selection and Tests of Granger Causality between Money and Income, Journal of Money, Credit, and Banking, 17 (2), May, 164-78.
43. Tobin, James (1961) Money, Capital and Other Stores of Value, American Economic Review, Papers and Proceedings, 2 May, 26-37.
44. Tobin, James (1965) Money and Economic Growth, Econometrica, 33 (4), October, 671-84.
45. Tobin, James (1969) A General Equilibrium Approach to Monetary Policy, Journal of Money, Credit, and Banking, 7 (1), 15-29.
46. World Bank (1993) China: Statistical System in Transition, Washington.
47. Yi, Gang (1991) The Monetization Process in China During the Economic Reform, China Economic Review, 2 (1), 75-96.
48. Yi, Gang (1994) Money, Banking, and Financial Markets in China, Westview Press, Boulder, CO.