National Income, Strategic Discontinuity, and Converging Trajectories of Macroeconomic Policy Initiatives: An Empirical Study of China

Journal Title: Przegląd Politologiczny - Year 2018, Vol 0, Issue 4

Abstract

The framework of converging trajectories of macroeconomic policy initiatives is employed in the context of strategic discontinuity to study the national income of an advancing economy. A model of systemic changes based upon an equation of production and consumption is presented. In this study of the Chinese economy of 1980-2014, over time, the dynamics of policy imbalance is found to decrease considerably, which is consistent with the decreasing trend of shrinking the differences among the impact coefficients of government consumption, private investment, and private consumption.

Authors and Affiliations

Victor Lux Tonn, Chen Wendian, Hsi C. Li

Keywords

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  • EP ID EP502610
  • DOI 10.14746/pp.2018.23.4.10
  • Views 61
  • Downloads 0

How To Cite

Victor Lux Tonn, Chen Wendian, Hsi C. Li (2018). National Income, Strategic Discontinuity, and Converging Trajectories of Macroeconomic Policy Initiatives: An Empirical Study of China. Przegląd Politologiczny, 0(4), 131-152. https://europub.co.uk./articles/-A-502610