Aggregate Behaviour of Investment in China, 1953–96

Name: Aggregate Behaviour of Investment in China, 1953–96
Author: Laixiang Sun

An Analysis of Investment Hunger and Fluctuation

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Paperback, blz. | Engels

Palgrave Macmillan UK | e druk, 2001

ISBN13: 9781349426713

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Palgrave Macmillan UK e druk, 2001 9781349426713

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In China, aggregate investment levels have been high and the cycles of investment growth rate have been remarkable. In order to reveal the mechanisms which drive investment hunger and cycles, this book develops an integrated growth-cycle framework which integrates the standard theory of socialist economies, the distributive barrier-constrained growth theory of developing economies, and the recent technical progresses in the western business cycle theory. It also analyzes the evolutionary dynamics of China's state investment system and the policy trade-off between industrial expansion and agricultural development.

Specificaties

ISBN13:9781349426713

Taal:Engels

Bindwijze:paperback

Uitgever:Palgrave Macmillan UK

Serie:Institute of Social Studies, The Hague

Inhoudsopgave

List of Tables and Figures Preface Introduction Integrating Selected Theories Based on China's Experiences The State Investment System and its Response to Reform Agricultural Constraint to the Insatiable Investment Demand Energy as the Representative of Producer Goods Constraints Estimating Investment Functions Based on Cointegration Conclusions Notes Bibliography Index

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Aggregate Behaviour of Investment in China, 1953–96

An Analysis of Investment Hunger and Fluctuation

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