Jumping Economy Growth (Development Path of Latecomer Countries and China's Choice)

Author: Huang Xianhai
Publisher:
Publish Date: 2005-09-01
Features: This book starts from the "stylized facts" of the rise and fall, and the later rise of the world economy, and takes the frontier production function as the starting point to construct a theoretical analysis framework of a frog-jumping type economic growth model that includes three elements: "capital accumulation—efficiency improvement—technological innovation." It explains the operating mechanisms and dynamic transformations of each type of frog jump. At the same time, based on empirical analysis of economic growth in 58 countries and an interpretation of China's growth miracle, it provides policy options and grounds for further frog-jumping type economic growth in China.