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首页> 外文期刊>Journal of X-ray science and technology >Medical imaging technology shock and volatility of macro economics: Analysis using a three-sector dynamical stochastic general equilibrium REC model
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Medical imaging technology shock and volatility of macro economics: Analysis using a three-sector dynamical stochastic general equilibrium REC model

机译:宏观经济的医学影像技术冲击与波动性:采用三个扇区动态随机通用均衡勘探型

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摘要

The study analysed the medical imaging technology business cycle from 1981 to 2009 and found that the volatility of consumption in Chinese medical imaging business was higher than that of the developed countries. The volatility of gross domestic product (GDP) and the correlation between consumption and GDP is also higher than that of the developed countries. Prior to the early 1990s the volatility of consumption is even higher than GDP. This fact makes it difficult to explain the volatile market using the standard one sector real economic cycle (REC) model. Contrary to the other domestic studies, this study considers a three-sector dynamical stochastic general equilibrium REC model. In this model there are two consumption sectors, whereby one is labour intensive and another is capital intensive. The more capital intensive investment sector only introduces technology shocks in the medical imaging market. Our response functions and Monte-Carlo simulation results show that the model can explain 90% of the volatility of consummation relative to GDP, and explain the correlation between consumption and GDP. The results demonstrated the significant correlation between the technological reform in medical imaging and volatility in the labour market on Chinese macro economy development.
机译:该研究分析了1981年至2009年的医学影像技术商业周期,发现中国医学成像业务的消费波动高于发达国家的波动。国内生产总值(GDP)的波动和消费与GDP之间的相关性也高于发达国家的相关性。在20世纪90年代初期之前,消费的波动率甚至高于GDP。这一事实使得难以使用标准的一个行业实际经济周期(REC)模型来解释挥发性市场。与其他国内研究相反,这项研究考虑了一个三个扇区动态随机通用均衡REC模型。在这个模型中,有两个消费部门,其中一个是劳动密集型,另一个是资本密集型。资本密集型投资部门越多介绍了医学影像市场的技术冲击。我们的响应函数和Monte-Carlo仿真结果表明,该模型可以解释相对于GDP相对于GDP的总结波动性的90%,并解释消费与GDP之间的相关性。结果表明,中国宏观经济发展劳动力市场中医学成像与挥发性的技术改革之间的显着相关性。

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