Series: IMF Working Papers
Author(s): Il Houng Lee , Murtaza Syed , and Liu Xueyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 27 November 2012
Keywords: Social Welfare, Intertemporal Consumer Choice, cost of capital, gdp growth, real gdp, economic growth, General,
Now close to 50 percent of GDP, this paper assesses the appropriateness of China's current investment levels. It finds that China's capital-to-output ratio is within the range of other emerging markets, but its eco...