Aggregate Behaviour of Investment in China 1953-96 (Innbundet)

An Analysis of Investment Hunger and Fluctuation

Serie: Institute of Social Studies S. 


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Innbinding: Innbundet
Utgivelsesår: 2001
Antall sider: 304
Forlag: Palgrave Macmillan
Språk: Engelsk
Serie: Institute of Social Studies S.
ISBN/EAN: 9780333948095
Kategori: Økonomi og ledelse
Omtale Aggregate Behaviour of Investment in China 1953-96
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 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.

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