1st Edition

A Research on China’s Economic Growth Potential

By Chong-en Bai, Qiong Zhang Copyright 2017
92 Pages 14 B/W Illustrations
by Routledge

92 Pages 14 B/W Illustrations
by Routledge

92 Pages 14 B/W Illustrations
by Routledge

After impressive growth of about 10% per annum for three decades, China's visible signs of economic slowdown since 2008 have been subject to much contention. What causes the deceleration? What should we expect in an era of China's 6% growth? This book answers these questions in three parts. Although it is widely accepted that China can hardly continue its high-speed growth model, estimations... Read more

List of figures.  List of tables.  Introduction.  Acknowledgements  1. China's Growth Potential to 2050: A Supply-Side Forecast Based on Cross-Country Productivity Convergence and Its Featured Labor Force Introduction  Analysis  Framework and Methodology  Data Source and Growth Forecast  Is it Likely that Growth Potential has been underestimated?  Conclusion  2. Is China's Current Slowdown a Cyclical Downturn or a Long-run Trend: A Productivity-Based Analysis  Introduction  Literature Review  Theoretical Framework and Analysis Data Source and Indicators  Decomposing the Recent Decline in Productivity Growth  Roles of the Stimulus Policy Induced Investment Surge  Conclusion  3. Policy Implications  References  Index

Biography

Chong-en Bai is the Mansfield Freeman Chair Professor of the School of Economics and Management, Tsinghua University. His research areas include economic institutions, public economics, economic growth and development, and China's economy.

Qiong Zhang is an Associate Professor of the School of Public Administration and Policy, Renmin University of China. Her research focuses on labor, population, and economic growth. Her research interests mainly relate to family economics and public economics.