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Why is China Growing So Fast?

Why is China Growing So Fast? »

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1997

DOI: http://dx.doi.org/10.5089/9781557756411.051

ISBN: 9781557756411

Keywords: capital formation, capital stock, economic growth, gnp, growth rate

Since 1978 the Chinese economy has grown on average more than 9 percenta year. Per capita income has nearly quadrupled in the past 15 years andsome analysts predict that within 20 years the Chinese economy will bel...

Why Is China Growing So Fast?

Why Is China Growing So Fast? »

Source: Why is China Growing So Fast?

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1997

ISBN: 9781557756411

Keywords: capital formation, capital stock, economic growth, gnp, growth rate

In 1978, after years of state control of all productive assets, the government of China embarked on a major program of economic reform. In an effort to awaken a dormant economic giant, it encouraged the form...

Issues in the Design of Growth Exercises*

Issues in the Design of Growth Exercises* »

Source: Issues in the Design of Growth Exercises

Volume/Issue: 1988/65

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 July 1988

ISBN: 9781451962369

Keywords: capital formation, cost of capital, gnp, total factor productivity, national income

This paper deals with the design of quantitative exercises relating objectives for the growth of national income over the medium term to key macroeconomic policy variables. It focuses on the roles of capital format...

Rebalancing China's Economy

Rebalancing China's Economy »

Source: Rebalancing China's Economy : What Does Growth Theory Tell Us?

Volume/Issue: 2006/291

Series: IMF Working Papers

Author(s): Jahangir Aziz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

ISBN: 9781451865516

Keywords: Business cycle accounting, rebalancing growth, financial distortions, gnp, cost of capital, capital income, growth model, capital formation, Economywide Country Studies: Asia including Middle East,

This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important...

Back Matter

Back Matter »

Source: Why is China Growing So Fast?

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1997

ISBN: 9781557756411

Keywords: capital formation, capital stock, economic growth, gnp, growth rate

Since 1978 the Chinese economy has grown on average more than 9 percenta year. Per capita income has nearly quadrupled in the past 15 years andsome analysts predict that within 20 years the Chinese economy will bel...

Front Matter

Front Matter »

Source: Why is China Growing So Fast?

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1997

ISBN: 9781557756411

Keywords: capital formation, capital stock, economic growth, gnp, growth rate

Since 1978 the Chinese economy has grown on average more than 9 percenta year. Per capita income has nearly quadrupled in the past 15 years andsome analysts predict that within 20 years the Chinese economy will bel...

Issues in the Design of Growth Exercises

Issues in the Design of Growth Exercises »

Volume/Issue: 1988/65

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 July 1988

DOI: http://dx.doi.org/10.5089/9781451962369.001

ISBN: 9781451962369

Keywords: capital formation, cost of capital, gnp, total factor productivity, national income

This paper deals with the design of quantitative exercises relating objectives for the growth of national income over the medium term to key macroeconomic policy variables. It focuses on the roles of capital format...

Rebalancing China's Economy
			: What Does Growth Theory Tell Us?

Rebalancing China's Economy : What Does Growth Theory Tell Us? »

Volume/Issue: 2006/291

Series: IMF Working Papers

Author(s): Jahangir Aziz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

DOI: http://dx.doi.org/10.5089/9781451865516.001

ISBN: 9781451865516

Keywords: Business cycle accounting, rebalancing growth, financial distortions, gnp, cost of capital, capital income, growth model, capital formation, Economywide Country Studies: Asia including Middle East,

This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important...