Capital Formation, Investment Efficiency, and China's Economic Growth - Empirical Research

Author: Zhang Jun
Publisher:
Publish Date: 2005-04-01
Features: Researching the connection between investment and economic growth is a highly attractive field that has emerged in mainstream economics literature today. Without a doubt, China's economic growth process provides a rare opportunity for empirical observation in studying this so-called "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 discusses 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 changes from the perspective of capital formation. Readers interested in the relationship between China's investment and economic growth can gain an in-depth understanding of this relationship through studying this book.