Rising China, anxious Asia? A Bayesian New Keynesian view
Should Asia feel anxious about China's expansion? We look for the answer through the Bayesian estimation of a two-country New Keynesian model of production fragmentation covering ten Asian economies, including China. The estimates show that vis-à-vis China, the developed Asia has a more fragmen...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Published: |
Elsevier
2014
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/35280/ |