Capital Formation Investment Efficiency and China's Economic Growth

Author: Zhang Jun
Publisher:
Publish Date: 2005-04-01
Features: The study of the relationship between investment and economic growth is a highly attractive field that has emerged in mainstream economics literature. Undoubtedly, China's economic growth process provides a rare opportunity for empirical observation of what is known as the "investment-growth nexus." This book is one of the few works that discusses the relationship between investment, capital formation, and economic growth based on China's experience. In this book, the author examines China's investment system and investment efficiency, measures China's capital stock, estimates empirical data on technical efficiency and technological progress, and finally explains China's economic growth and growth fluctuations from the perspective of capital formation. Readers interested in the relationship between investment and economic growth in China can gain a deep understanding of this relationship through studying this book.