International Journal of Business and Economics

International Journal of Business and Economics
Volume 3, No. 1

April​, 2004
A Quasi-Bayesian Analysis of Structural Breaks: China's Output and Productivity Series
Xiao-Ming Li
Department of Commerce, Massey University-Albany, New Zealand
A quasi-Bayesian model selection approach is employed to detect the number and dates of structural changes in China's GDP and labour productivity data. It is shown that the predictive likelihood information criterion is valid only among models with well-behaved residuals.
Keywords:structural change, predictive likelihood, GDP, labour productivity, China.
JEL Classifications:C22, E30.