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| Tekijä: | Zhang, Huajia Shu, Yuan |
| Otsikko: | Case study:impact of loan and loan structure on inflation (original in Chinese) |
| Lehti: | Forecasting (c)
1999 : 1, p.19-22 |
| Asiasana: | LOANS INFLATION |
| Kieli: | chn |
| Tiivistelmä: | The study based on data in 1979-1993 year shown that the enlarged scale of domestic loan and the irrational loan structure have caused remarkable inflation. Judging from the total amount, the increased domestic loan could result in the increase of money supply and then, of the total demand. And, the loan increase means the investment growth and would lead to the GDP rise-up. When the total supply id short of total demand, the price level will go up. The economy growing in an extensive manner of more input and less output will cut down the efficiency of loan and output and cause inflation to occur. |
SCIMA