Li, Jia (2008): The Financial Social Accounting Matrix for China, 2002, and Its Application to a Multiplier Analysis. Published in: Forum of International Development Studies , Vol. 36, (March 2008): pp. 215-239.
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This study aims to shed light on the linkage between real side and financial side of Chinese economy. Utilizing a financial social accounting matrix (F-SAM) for China, 2002, newly constructed for this purpose, the current study provides a consistent accounting system for Chinese economy. The F-SAM allows a close examination on the structural characteristics of Chinese economy from the perspective of flows of funds. The study goes further to multiplier analysis. The main findings are: first, real side and financial side of Chinese economy are intertwined with each other; secondly, the development of a modern financial system contributes to the growth of Chinese economy; thirdly, financial sector, in place of government, has come to play a central role in resource mobilization and allocation, although government maintains interventions through capital transfer to non-financial enterprises; fourthly, bank deposits and loans are single significant financial instruments in China’s resources mobilization and allocation processes.
|Item Type:||MPRA Paper|
|Original Title:||The Financial Social Accounting Matrix for China, 2002, and Its Application to a Multiplier Analysis|
|Keywords:||financial social accounting matrix; China; multiplier analysis|
|Subjects:||C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C63 - Computational Techniques ; Simulation Modeling
C - Mathematical and Quantitative Methods > C0 - General > C02 - Mathematical Methods
P - Economic Systems > P3 - Socialist Institutions and Their Transitions > P34 - Financial Economics
|Depositing User:||Jia Li|
|Date Deposited:||09. Apr 2008 04:47|
|Last Modified:||18. Feb 2013 20:08|
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