Research on China's Short-term Cross-border Capital Flows under the Impact of US Economic Policy Uncertainty

Jiaxuan Li

doi:10.47297/wspdecWSP2515-797309.20230701

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Research on China's Short-term Cross-border Capital Flows under the Impact of US Economic Policy Uncertainty

Volume 7, Issue 1

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Research on China's Short-term Cross-border Capital Flows under the Impact of US Economic Policy Uncertainty
Research on China's Short-term Cross-border Capital Flows under the Impact of US Economic Policy Uncertainty
Sichuan University
Vol. 7, Issue 1, Pages: 55-62(2023)
Published： 30 June 2023 ，
DOI：10.47297/wspdecWSP2515-797309.20230701
Accepted：

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Li Jiaxuan.Research on China's Short-term Cross-border Capital Flows under the Impact of US Economic Policy Uncertainty[J].Development Economics of China,2023,07(01):55-62.
DOI：

Li Jiaxuan.Research on China's Short-term Cross-border Capital Flows under the Impact of US Economic Policy Uncertainty[J].Development Economics of China,2023,07(01):55-62. DOI： 10.47297/wspdecWSP2515-797309.20230701.

摘要

Abstract

The outbreak of COVID-19 in 2020

followed by conflicts between Russia and Ukraine and the escalation of trade conflicts between China and the United States

have caused turbulence in the global economic and financial environment. All countries have introduced macroeconomic policies to deal with the crisis

and the uncertainty of economic policies has increased

affecting cross-border capital flows. In particular

the impact of economic policy uncertainty in the United States

the world's number one power and an important relationship partner

on our economy should not be overlooked. On the basis of existing studies

this paper selects the monthly economic data from January 2015 to December 2022

takes the outbreak of COVID-19 as the node

and uses VAR model to analyze the impact of US economic policy uncertainty on China's short-term capital flow in two periods before and after the epidemic.

关键词

Keywords

Short-term Cross-border Capital FlowCOVID-19VAR Model

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