Impact of the People’s Republic of China’s Growth Slowdown on Emerging Asia: A General Equilibrium Analysis

Published By: ADBI on eSS | Published Date: March , 2016

As an important global and regional economic power, the PRC’s growth slowdown may cause large spillover effects to its neighboring economies. Using a multi-sectoral global computable general equilibrium model, this paper quantitatively investigates the impacts of a growth slowdown in the PRC for emerging Asian economies through trade linkages. The results suggest that a growth slowdown of 1.6 percentage points in the PRC would bring about a growth deceleration of 0.26 percentage points in developing Asia as a whole. However, the impacts vary dramatically by economy within developing Asia, reflecting their difference in economic and trade structure.

Author(s): Fan Zhai, Peter Morgan | Posted on: Mar 22, 2016 | Views() | Download (897)

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