An Empirical Study of Improved Kalecki Model Using China's Data

DOI

10.2991/meici-17.2017.162How to use a DOI?

Keywords

FDI; Current account; Deficit; Investment return

Abstract

This paper uses China's data to do an empirical study to verify the improved Kalecki model which is presented by Xiaojing Zhang. It can be found that he investment return balance will decrease by 0.384189 percent when FDI increases by one percent; and it will increase by 0.314157 percent when IR increases by one percent. Thus, the conclusion of Kalecki Model is not correct as long as the host countries' investment returns overseas are greater than FDI's investment profits and the improved Kalecki model is verified in a way.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xiaojing Zhang
PY  - 2017/10
DA  - 2017/10
TI  - An Empirical Study of Improved Kalecki Model Using China's Data
BT  - Proceedings of the 7th International Conference on Management, Education, Information and Control (MEICI 2017)
PB  - Atlantis Press
SP  - 815
EP  - 820
SN  - 1951-6851
UR  - https://doi.org/10.2991/meici-17.2017.162
DO  - 10.2991/meici-17.2017.162
ID  - Zhang2017/10
ER  -