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Published in:
2019 | OriginalPaper | Chapter
The Impact of I-O Structure on China’s Macroeconomy
Authors : Meng Li, Hongyuan Yuan, Liang Yang
Published in: Recent Developments in Intelligent Computing, Communication and Devices
Publisher: Springer Singapore
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Abstract
The issue of China’s economic structure is becoming more and more prominent, and the interactions between various departments have been increasingly strengthened. This paper takes into account the characteristics of the Chinese economy, introduces the structuralist characteristics, and on this basis integrates the financial sector to build a dynamic multi-sectoral CGE system to analyze the impact of the input–output structure on China’s macroeconomic influences. The results show that from 1997 to 2012, the Chinese economy saw changes in its technical structure (intermediate input coefficient) contributing to economic growth, social welfare, and employment in the informal sector.