The Impact of Capital Account Liberalization on China's Short-Term International Capital Flows

DOI

10.2991/ichssr-16.2016.15How to use a DOI?

Keywords

Capital account liberalization; Short-term international capital flow (SCF); Impulse response; Variance decomposition

Abstract

Capital account liberalization promotes the free flow of capital in the global scope, so the resources can be effectively configured. However, the frequent movement of the short-term international capital brought by this kind of opening, also led to the outbreak of financial crisis. Therefore, the thesis aims to analyze the effect of capital account opening on short-term international capital flows. The results show that capital account liberalization has great influence on the direction and scale of the short-term international capital flows.

Copyright

© 2016, 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  - Lijun Yu
PY  - 2016/07
DA  - 2016/07
TI  - The Impact of Capital Account Liberalization on China's Short-Term International Capital Flows
BT  - Proceedings of 2016 2nd International Conference on Humanities and Social Science Research (ICHSSR 2016)
PB  - Atlantis Press
SP  - 61
EP  - 64
SN  - 2352-5398
UR  - https://doi.org/10.2991/ichssr-16.2016.15
DO  - 10.2991/ichssr-16.2016.15
ID  - Yu2016/07
ER  -