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Party and state policy documents and China’s economy

Some Macro-Level Empirical Evidence

Bibliographic Data

ID6153071
AuthorsMax-Sebastian Dovì (0000-0002-4145-5963, Peking University, corresponding author)
Year2018
Volume3
Issue2
Pages223-242
Publication date2018-04-03
Open AccessNo
TypeARTICLE
VenueJournal of Chinese Governance (JOURNAL)
Journal identifiersISSN: 2381-2354 • E-ISSN: 2381-2346
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/23812346.2018.1457309
OpenAlexW2802136108
LanguageEN
References cited9

This paper compares a unique dataset tracking the content of all Central Committee and State Council documents with economic variables in China in the period 2003–2015. After motivating the dataset, two time-series measuring the relative importance of economic issues within the Party and the State are constructed. These two time-series are then compared with measures of China’s real economy using a Granger test. The results suggest that past measures of China’s economy can better help predict the State Council’s future prioritisation of economic issues, but not vice versa. A similar relation is not found for the Central Committee’s prioritisation of economic issues. This result is consistent with the view that it is the State that takes a more active role in managing the Chinese economy

China · Economic system · Economics · Economy · Empirical evidence · Epistemology · Macro · Macro level · Political science · State (computer science · Computer Science · Law · Monetary Policy and Economic Impact

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