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| Hao, Jun; Liu, Jie. |
| On the basis of introducing relevant theories of Engel’s coefficient, this paper analyzes the limitation of these theories in practical application currently in China, for example, continuing to use original theory, not in line with reality of China; comparison invalidity in length and breadth, is not conducive to relevant analysis; culling out the special factors easily causes distortion of conclusion. Taking rural areas in Hebei Province as an example, this paper analyzes the limitation of Engel’s coefficient in analyzing the gap of rural economy: in terms of region horizontally, Engel’s coefficient neglects the difference of consumption structure among regions, and difference of economic stages among regions; in terms of time vertically, Engel’s... |
| Tipo: Journal Article |
Palavras-chave: Engel’s coefficient; Difference of consumption structure; Economic cycle; Comparability; Rural areas in Hebei Province; China; Agribusiness. |
| Ano: 2011 |
URL: http://purl.umn.edu/113476 |
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| Liu, Rong-li. |
| According to the data of practical GDP time sequences from 1978 to 2009 provided by Henan Statistical Yearbook of every year, Hodrick-Prescott filter model is established, and it is disintegrated into tendency component (potential yield) and fluctuation component (yield gap). The critical division loci of filter model are 4 wave crest years (1980, 1988, 1996 and 2007), and 3 trough years (1984, 1992 and 2002). Thus since the opening up and reform, the economic growth fluctuation of Henan can be divided into 3 complete cycles and 2 incomplete cycles. Based on the economic situation and background within and without province, we preliminarily conclude the stage-characteristics of all growth cycles and the probable reasons of fluctuation. On the whole, the... |
| Tipo: Journal Article |
Palavras-chave: Economic cycle; Hodrick-Prescott filter method; Economic growth; Henan; China; Agribusiness. |
| Ano: 2011 |
URL: http://purl.umn.edu/113412 |
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