Fiscal Deficit and Debt Conditions for China

Yingqui Liu, Hung Gay Fung, Zijun Wang

Research output: Contribution to journalArticlepeer-review

Abstract

This study examines the government fiscal deficit and debt rates in China. We utilize a theoretical framework to develop the government budget identity and the public deficit-debt models. This approach gives a theoretical basis to analyze the fiscal deficit and debt rates in China. Using a vector autoregressive analysis, the study empirically investigates the relationship between deficit and debt rates and sheds light on their future values for the Chinese economy.
Original languageAmerican English
JournalEmerging Markets Finance and Trade
Volume41
DOIs
StatePublished - 2005

Keywords

  • debt rate
  • deficit&#150debt identity
  • forecasting

Disciplines

  • Business

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