Chen, Chien-Hsun - In: Journal of Economic Studies 29 (2002) January, pp. 59-74
Examines the causal relationship between interest rates, savings and income in the Chinese economy over the period 1952 to 1999, using the cointegration test and Bayesian vector autoregression (BVAR) for empirical testing. The empirical evidence from the cointegration test confirms that there is...