Author(s)

Liu Tianran ¹, Zhang Yimiao ¹, Zhong Yunhan ¹

Affiliation(s)

¹ Jinan University, Guangzhou, 510632, China

Corresponding Author

Liu Tianran

ABSTRACT

Given that the United States has tremendous influence on the world economy, as Georgios Georgiadis pointed in his paper: Spillovers are generally large, often larger than the domestic effects in the US, it makes economic sense to anticipate the economic impact of different election outcomes on both China and the United States, and get prepared. In this essay, we determine the multiple linear regression equation and get the final index system, with which the impact of different election results on the U.S. economy can be predicted. According to the conclusion and the data collected and known that the impacts of the pandemic on regional economies vary significantly, we analyze the impacts of the two scenarios of President trump and President Biden on China's economic development, which might contribute to further practical suggestions.

KEYWORDS

Multiple linear regression, Economic impact, Joseph biden, Donald trump

CITE THIS PAPER

Liu Tianran, Zhang Yimiao, Zhong Yunhan, Analysis of the Economic Impact of the US Presidential Candidates on the United States and China. Information Systems and Economics (2022) Vol. 3: 10-15. DOI: http://dx.doi.org/10.23977/infse.2022.030602.

REFERENCES

[1] GEORGIADIS G. Determinants of global spillovers from US monetar-y policy[J]. Journal of international money and finance, 2016, 67(C):41-61.
[2] Luan Hao, Zhang Xiaoqing. The Impact of COVID-19 on China's Regional Economic Development[J]. Journal of Natural Science of Hunan Normal University, 2020, 43(05):1-9.
[3] Zhang Hua, Zhang Suzhen. The Spillover Effect of US Tightening Monetary Policy on China's Provincial Economy and Its Influencing Fac-tors (Empiric-al Test Based On VARX Model) [J]. Journal Of Hubei Poly-technic University (Humanities And Social Sciences), 2020, 37(06):33-39.

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