Empirical Research on 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 today. Without a doubt, China's economic growth process provides a rare opportunity for empirical observation in the study of the 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 investment and economic growth in China can gain a deep understanding of this relationship through studying this book.