Economic policy uncertainty (EPU) index for China’s 31 provinces
- Contributors:Jian Yu, Xunpeng Shi, Dongmei Guo, Longjian Yang
- Abstract: Following the methodology of Baker et al. (2016), we constructed a set of EPU indexes at the provincial level in China. First, we selected the daily newspapers of 31 provinces in China as the source for news media reports. Second, we made the following provisions on the definition of the EPU index obtained through keyword searches: if there was at least one economic policy keyword and at least one keyword expressing uncertainty, the news article was considered a target article. Third, we calculated the annual total number of target articles for each of the 31 provinces, and divided it by the total number of target articles in the newspapers that contained the keyword “economy” in that year, to obtain the article proportion of the EPU in the 31 provinces. Fourth, we standardized the proportion of EPU articles in the 31 provinces by using the standard deviation of each province to obtain the EPU index for the 31 provinces.
Mr. Jian Yu and his collaborators present a provincial EPU index to characterize the province-level EPU for China’s 31 provinces from 2000 to 2017. Please cite the following papers when using this data：
- Yu, J., Shi, X., Guo, D., Yang, L., 2021. Economic policy uncertainty (EPU) and firm carbon emissions: Evidence using a China provincial EPU index, Energy Economics, Vol. 94, No.105071.
经中央财经大学俞剑老师授权，CnOpenData建立了该数据的展示区及数据索引，便于学者浏览。
数据下载请点击Economic policy uncertainty (EPU) index for China’s 31 provinces。
数据应用指南
Comparison of keywords criteria between Baker’s China EPU and China’s provincial EPU
时间区间
2000-2017
字段展示
样本数据
参考文献
- Yu, J., Shi, X., Guo, D., Yang, L., 2021. Economic policy uncertainty (EPU) and firm carbon emissions: Evidence using a China provincial EPU index, Energy Economics, Vol. 94, No.105071.
数据更新频率
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