The Capital Flight and Its Factors in China

DOI

10.2991/978-94-6463-570-6_138How to use a DOI?

Keywords

Capital Flight; VAR Model; BOP

Abstract

Since China joined the WTO in the last century, China has made great economic achievements. However, at present, there are difficulties in China's economic growth, serious unemployment, no new economic growth point and so on. In fact, among the causes of these problems, a long-term attention to the problem of capital loss is capital flight. This paper analyzes the scale and causes of capital flight in China, and makes an empirical analysis using time series data. It is concluded that the scale of capital flight in China has been greatly affected by the effective exchange rate of RMB, the difference between domestic and foreign asset returns, and the speed of domestic economic growth from the 1990s to the present.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Zhixing Xiao
PY  - 2024
DA  - 2024/11/22
TI  - The Capital Flight and Its Factors in China
BT  - Proceedings of the 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)
PB  - Atlantis Press
SP  - 1374
EP  - 1383
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-570-6_138
DO  - 10.2991/978-94-6463-570-6_138
ID  - Xiao2024
ER  -