Chinese influences on inflation determination in Australia and the ASEAN group: A Markov-switching analysis

China's rapidly growing role in the world economy has been accompanied by rising bilateral trade with Australia and the Association of Southeast Asian Nations (ASEAN group) as well as expanded offshore renminbi (RMB) markets in the region. Using a Markov-switching analysis that allows for varia...

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Bibliographic Details
Main Authors: Richard C.K. Burdekin, Ran Tao
Format: Article
Language:English
Published: Elsevier 2022-07-01
Series:Asia and the Global Economy
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2667111522000147