This paper estimates open-economy macroeconomic models of the Chinese economy allowing for structural change caused by 1992 reforms. Unrestricted vector autoregressions, VARs, and cointegrating error correction models, VECMs, are estimated on quarterly data early reform period 1980–1992, late period, 1993–2018. Two long-run vectors identified, which can be interpreted as a long-run, money deman...

This empirical study investigates the dynamic interconnection between fossil fuel consumption, alternative energy economic growth and carbon emissions in China over 1981 to 2020 time period within a multivariate framework. The long-term relationships sequences are determined through application of Autoregressive Distributed Lag (ARDL) bounds test augmented by Johansen maximum likelihood procedu...

The aim of this study is to analyse the relationship between financial liberalization, development and economic growth in Cameroon. Use made a tri- variate VAR model on Cameroon data for period 1973- 2017. results obtained show that liberalisation positively affect growth. Though does not individually cause growth, when considered with liberalisation, they jointly growth.Financial are found gra...

This paper presents a comprehensive ANN based multisensor fusion approach designed to support the implementation of an adaptive error compensation of geometric, thermal and dynamic errors for enhancing the accuracy of CNC machine tools. Accurate and efficient model to perform on-line error prediction is an essential part of the compensation process. The proposed approach consists of the followi...

Andreas G.Veneris University of Illinois at Urbana-Champaign Department of Computer Science e-mail: [email protected] Ibrahim N.Hajj University of Illinois at Urbana-Champaign Department of Electrical and Computer Engineering e-mail: [email protected] Abstract With the increase in the complexity of VLSI circuit design, logic design errors can occur during the synthesis process. In...