Rebalancing China's economy : what does growth theory tell us? /

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 factor. Theory predicts that the price of capital may have been significantly dis...

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Détails bibliographiques
Cote:Libro Electrónico
Auteur principal: Aziz, Jahangir (Auteur)
Collectivité auteur: International Monetary Fund. Asia and Pacific Department
Format: Électronique eBook
Langue:Inglés
Publié: [Washington, D.C.] : International Monetary Fund, Asia and Pacific Dept., 2006.
Collection:IMF working paper ; WP/06/291.
Sujets:
Business cycles > China > Econometric models.
Economic development > China.
Capital market > China.
Consumption (Economics) > China.
Investments > China.
Finance > China.
Cycles économiques > Chine > Modèles économétriques.
Développement économique > Chine.
Marché financier > Chine.
Investissements > Chine.
Finances > Chine.
Business cycles > Econometric models
Capital market
Consumption (Economics)
Economic development
Economic policy
Finance
Investments
China > Economic policy.
Chine > Politique économique.
China
Computer network resources.
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