How Does China’s Economic Policy Uncertainty Affect the Sustainability of Its Net Grain Imports?
نویسندگان
چکیده
China is a considerable grain importer in the world. However, sustainability of China’s imports has been greatly challenged by its increasing economic policy uncertainty (EPU).This paper constructs indicators and environmental net analyzes impact EPU index on these with Time-Varying Parameter Stochastic Volatility Vector Autoregression (TVP-SV-VAR) model to explore how affects imports. The main conclusions are as follows.(1) fluctuated from 2001 2019. (2) negative A higher leads lower import potential ratio trade cost. (3) significant It greatest virtual water smaller land embodied carbon emission. Therefore, negatively through ratio, cost, land, water, emissions
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ژورنال
عنوان ژورنال: Sustainability
سال: 2021
ISSN: ['2071-1050']
DOI: https://doi.org/10.3390/su13126899