Erschienen in:Bank of England Quarterly Bulletin 2016 Q1
Umfang:
1 Online-Ressource (8 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.2759721
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 18, 2016 erstellt
Beschreibung:
This article assesses how a shock to Chinese growth could affect the UK economy using an empirical model of the world economy that exploits the historical comovement between international business cycles. We find that a 1% slowing in China is likely to reduce UK GDP by around 0.1%. This impact arises mainly from the increasingly important role of China in the global economy - that is, via the United Kingdom's indirect links with China through its main trading partners