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Real model of transitional growth and competitiveness in China /
We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits increases in employment and output rather than only in w...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autores Corporativos: | , |
| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.?] :
International Monetary Fund,
2008.
|
| Colección: | IMF working paper ;
WP/08/99. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Lipschitz, Leslie. | |
| 245 | 1 | 0 | |a Real model of transitional growth and competitiveness in China / |c prepared by Leslie Lipschitz, Céline Rochon and Geneviève Verdier. |
| 260 | |a [Washington, D.C.?] : |b International Monetary Fund, |c 2008. | ||
| 300 | |a 1 online resource (34 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
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| 490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/08/99 | |
| 504 | |a Includes bibliographical references (pages 28-30). | ||
| 588 | 0 | |a Print version record. | |
| 520 | |a We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign direct investment is also substantial. We explain these features in terms of a conventional neoclassical growth model-with no monetary or nominal exchange rate policy-by including two aspects of the economy explicitly in the model. | ||
| 505 | 0 | |a I. Introduction; II. Stylized Facts; III. Model; A. Households; B. Firms; C. Exogenous Shocks; D. Equilibrium; IV. Results; A. Calibration; B. Impulse Response Functions; C. Simulation; D. Transition to Steady State; V. Conclusion; Tables; 1. National Saving Rate, 2006; 2. Relative Hourly Wage in Manufacturing, Selected Economies, 2002; 3. Income of Urban and Rural Households and the Urban-Rural Gap (RMB); 4. Summary Indicators of Saving and Investment; Figures; 1. Net Capital Flows into China; 2. Saving and Investment; 3. Productivity Shock; 4. Foreign Interest Rate Schock. | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Economic development |z China |x Econometric models. | |
| 650 | 0 | |a Investments, Foreign |z China |x Econometric models. | |
| 651 | 0 | |a China |x Economic conditions |x Econometric models. | |
| 651 | 0 | |a China |x Economic policy |x Econometric models. | |
| 650 | 6 | |a Développement économique |z Chine |x Modèles économétriques. | |
| 650 | 6 | |a Investissements étrangers |z Chine |x Modèles économétriques. | |
| 651 | 6 | |a Chine |x Conditions économiques |x Modèles économétriques. | |
| 651 | 6 | |a Chine |x Politique économique |x Modèles économétriques. | |
| 650 | 7 | |a Economic development |x Econometric models |2 fast | |
| 650 | 7 | |a Economic history |2 fast | |
| 650 | 7 | |a Economic policy |x Econometric models |2 fast | |
| 650 | 7 | |a Investments, Foreign |x Econometric models |2 fast | |
| 651 | 7 | |a China |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJcrd4RjtCBk4wfMhTwwG3 | |
| 700 | 1 | |a Rochon, Céline, |d 1972- | |
| 700 | 1 | |a Verdier, Geneviève, |d 1973- | |
| 710 | 2 | |a IMF Institute. | |
| 710 | 2 | |a International Monetary Fund. | |
| 776 | 0 | 8 | |i Print Version: |z 9781451914146 |
| 830 | 0 | |a IMF working paper ; |v WP/08/99. | |
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