Series: IMF Working Papers
Author(s): Il Houng Lee , Murtaza Syed , and Liu Xueyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 29 March 2013
Keywords: Rebalancing, household income, consumption growth, consumption function, consumption over time, General, Analysis of Growth, Development, and Changes, Size and Spatial Distributions of Regional Economic Activity,
This paper proposes a possible framework for identifying excessive investment. Based on this method, it finds evidence that some types of investment are becoming excessive in China, particularly in inland provinces...