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...
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| Main Authors: | , , |
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| Format: | Article |
| Published: |
Elsevier
2014
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| Online Access: | http://psasir.upm.edu.my/id/eprint/35280/ http://www.sciencedirect.com/science/article/pii/S1043951X13001089 |
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