| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1405 |
| DP1405 Time-Consistent Solutions to the Stochastic Dynamic Strategic Export Subsidy Problem | |
| Konstantine Gatsios; Tryphon Kollintzas | |
| 发表日期 | 1996-05-31 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | A stylized model of the Chinese economy is developed with three production sectors: agriculture, non-traded industrial goods, and industrial exports. The state purchases food from farmers by dual-track pricing; urban food sales are subsidized through ration coupons. Marginal prices clear markets except that currency controls constrain the availability of intermediates, the only imports. Devaluation is found to stimulate real variables, but deflates money variables; the reverse occurs with monetary expansion or raising the plan-track food procurement price. Lowering urban food subsidies or raising enterprise taxation reduces the budget deficit, reduces open and disguised unemployment, and deflates nominal prices. |
| 关键词 | China Open economy Transition |
| URL | https://cepr.org/publications/dp1405 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530548 |
| 推荐引用方式 GB/T 7714 | Konstantine Gatsios,Tryphon Kollintzas. DP1405 Time-Consistent Solutions to the Stochastic Dynamic Strategic Export Subsidy Problem. 1996. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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