Real Business Cycles: Data from China

Shi CHEN, Weiqing LUO


Real business cycle (RBC) is an important concept fortheoretical economic research. And it works well in U.Ssituation. In this paper, we use data from China in theclassic RBC model. Firstly we restate this model in detail.Then we apply this model by using data from China, andset specific parameters appropriate for China. From theresult, we find investment more volatile in China than inthe U.S, and investment is more relative to GDP growth,which is consistent with the fact we know about economicgrowth in China.

Key words: Real Business Cycle; China’s Economy;GDP; HP Filter

Résumé Le cycle du Business réel (RBC) est un concept importantpour les théories de la recherche économique. Et ilfonctionne bien en situation U.S. Dans ce papier, nousutilisons les données en provenance de Chine dans lemodèle classique de RBC. Tout d’abord nous rappeler cemodèle en détail. Ensuite, nous appliquons ce modèle enutilisant des données en provenance de Chine, et définirles paramètres spécifiques appropriées pour la Chine.D’après le résultat, nous trouvons l’investissement plusvolatile en Chine qu’aux États-Unis, et de l’investissementest plus par rapport à la croissance du PIB, ce qui estcohérent avec le fait que nous savons sur la croissanceéconomique en Chine.

Mots-clés: Cycle du Business réel; Economie de laChine; le PIB; HP Filter


Real Business Cycle; China’s Economy;GDP; HP Filter



  • There are currently no refbacks.

Copyright (c)

Share us to:   


  • How to do online submission to another Journal?
  • If you have already registered in Journal A, then how can you submit another article to Journal B? It takes two steps to make it happen:

1. Register yourself in Journal B as an Author

  • Find the journal you want to submit to in CATEGORIES, click on “VIEW JOURNAL”, “Online Submissions”, “GO TO LOGIN” and “Edit My Profile”. Check “Author” on the “Edit Profile” page, then “Save”.

2. Submission

  • Go to “User Home”, and click on “Author” under the name of Journal B. You may start a New Submission by clicking on “CLICK HERE”.
  • We only use three mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases:;;

 Articles published in Canadian Social Science are licensed under Creative Commons Attribution 4.0 (CC-BY).


Address1020 Bouvier Street, Suite 400, Quebec City, Quebec, G2K 0K9, Canada.

Website: Http:// Http://,

Copyright © Canadian Academy of Oriental and Occidental Culture