Abstract
Will the coming global economic depression impede the amazing expansion of China? Facing Sub-prime Crisis, what is the optimal action against external shock? In this paper, we use bounds test approach examining the role of five macroeconomic variables including Bank Credit, Fiscal Expenditure, Ultimate Consumption, Export and the Real Interest Rate on influencing economic growth. Empirical results show the long-run and short term relationships among them do exist. Moreover, we make doubts at the huge government investment project and put up the optimal action against crisis under openness.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
