A Quasi-Bayesian Analysis of Structural Breaks: China's Output and Productivity Series

A quasi-Bayesian model selection approach is employed to detect the number and dates of structural changes in China's GDP and labour productivity data. It is shown that the predictive likelihood information criterion is valid only among models with well-behaved residuals.

MoreLess

Year of publication:	2004
Authors:	Li, Xiao-Ming
Published in:	International Journal of Business and Economics. - College of Business, ISSN 1607-0704. - Vol. 3.2004, 1, p. 57-65
Publisher:	College of Business
Subject:	structural change \| predictive likelihood \| GDP \| labour productivity \| China

More details

Extent:	application/pdf text/html
Type of publication:	Article
Classification:	C22 - Time-Series Models ; E30 - Prices, Business Fluctuations, and Cycles. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010600163