Showing 1 - 8 of 8
The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and … ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns … economy-wide data with various breakdown. Significant shifts in investment patterns across sectors and ownership forms have …
Persistent link: https://www.econbiz.de/10011657882
it driven by investment and capital accumulation. By 2014, gross capital formation had reached 46 percent of aggregate … expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … sustain a relatively high investment rate, and examines the arguments that have been offered for an impending drastic …
Persistent link: https://www.econbiz.de/10011659322
The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and … ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns … economy-wide data with various breakdown. Significant shifts in investment patterns across sectors and ownership forms have …
Persistent link: https://www.econbiz.de/10012205874
Investment has always played an important role in the economic development strategies of the People's Republic of China …. A major reform of the investment system in 2004 shifted the state's focus from direct investment control to industrial … policies designed to promote investment in specific economic sectors. But in reality, the industrial policies' preferences have …
Persistent link: https://www.econbiz.de/10012913852
recent years, investment taking up almost half of output. This paper documents the role of investment in driving economic … growth in China, questions how much longer China can sustain high investment rates, and critically examines arguments … suggesting an end to the investment boom. The size of the Chinese economy allows investment to remain broad-based across all …
Persistent link: https://www.econbiz.de/10012936719
it driven by investment and capital accumulation. By 2014, gross capital formation had reached 46 percent of aggregate … expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … sustain a relatively high investment rate, and examines the arguments that have been offered for an impending drastic …
Persistent link: https://www.econbiz.de/10012953882
Investment statistics of the People's Republic of China are a source of many puzzles. Some investment data are of … dubious quality, while the particular concepts of investment and their changing definitions over time are often poorly … understood. Fixed asset investment, a remnant of the planned economy, comes with severe limitations in terms of data coverage and …
Persistent link: https://www.econbiz.de/10012165950
Persistent link: https://www.econbiz.de/10012599671