China's Economic Growth 1978-2025: What We Know Today About China's Economic Growth Tomorrow
China's Economic Growth 1978-2025: What We Know Today About China's Economic Growth Tomorrow
复制标题
DOI:
10.1016/j.worlddev.2007.09.013
复制
发表时间:
2008-10-01
影响因子:
6.9
通讯作者:
Holz, Carsten A.
中科院分区:
文献类型:
--
作者:
Holz, Carsten A.
This paper examines China's future growth prospects and the potential drivers of future growth using two approaches. It first asks in how far China's recent economic development matches standard growth patterns identified in development economics and trade theory. Second, GDP is decomposed into income components, which in turn are explained, for the reform period, by the quantity and quality of labor; future GDP can then be re-composed from future labor data available today. Overall, China's economic growth is likely to continue at current rates through 2015 before it gradually slows. Such a growth has numerous implications. (C) 2008 Elsevier Ltd. All rights reserved.