Research on Monetary Policy Implementation and Industrial Structure Transformation Under COVID-19-Evidence From Eight Economic Zones in Mainland China.

Front Public Health · 2022 · PMC9163316 · PMID 35669741

Europe PMC DOI

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an increasing trendno p-value reported

From the perspective of a time dimension, the negative response value of the tertiary industry to expansionary quantitative monetary policy has an increasing trend in the middle reaches of the Yellow River economic zone after the global economic crisis.

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a decreasing trendno p-value reported

The tertiary industry in this economic zone also negatively responds to the contractionary price-based monetary policy but shows a decreasing trend in the time dimension.

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Quoted from the open-access full text in Europe PMC under the licence the publisher applied. The sentence is reproduced exactly as published; the emphasis is ours.