Rebalancing China's economy : what does growth theory tell us? / prepared by Jahangir Aziz.

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...

Full description

Saved in:
Bibliographic Details
Main Author: Aziz, Jahangir (Author)
Corporate Author: International Monetary Fund. Asia and Pacific Department
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, Asia and Pacific Dept., 2006.
Series:IMF working paper ; WP/06/291.
Subjects:
Business cycles > China > Econometric models.
Economic development > China.
Capital market > China.
Consumption (Economics) > China.
Investments > China.
Finance > China.
China > Economic policy.
Online Access: Full text (Wentworth users only)
Local Note:ProQuest Ebook Central

Internet

Full text (Wentworth users only)

Similar Items