Home

    About

    Open Access Repository

    SearchBrowse by ThemeBrowse by AuthorBrowse by TypeMost Popular Titles

    Other Resources

    Curators

    Events

    Contributing Think Tanks

    Networks

    Using Content

    FAQs

    Terms of Use

    13,800+ curated items from top Think Tanks.
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Home

    About

    Open Access Repository

    SearchBrowse by ThemeBrowse by AuthorBrowse by TypeMost Popular Titles

    Other Resources

    Curators

    Events

    Contributing Think Tanks

    Networks

    Using Content

    FAQs

    Terms of Use

    Aggregate Investment in People’s Republic of China: Some Empirical Evidence

    He, Xinhua; Qin, Duo | June 2004
    Abstract
    Capital investment holds a key role in the economic growth and performance of the People’s Republic of China (PRC). During the last two decades, fixed capital formation has taken up roughly one third of gross domestic product (GDP) and kept a double digit growth on average, albeit with remarkably volatile dynamics (5.5 percent growth in 1981, nearly 40 percent in 1985, −7 percent in 1989, over 60 percent in 1993, down to 5 percent in 1999, and well above 20 percent in 2003). Fixed capital investment was dominantly driven by government plans under the old centrally planned economic regime. What drives the fast-growing and volatile aggregate investment now that the PRC economy has become increasingly market-driven after over two decades of reforms? How much, in particular, is aggregate investment driven by market forces and how much is still affected by policy-led factors?
    Citation
    He, Xinhua; Qin, Duo. 2004. Aggregate Investment in People’s Republic of China: Some Empirical Evidence. © Asian Development Bank. http://hdl.handle.net/11540/5422.
    Keywords
    Development Economics
    Regional Economic Development
    Economic Impact
    Asian Development Bank
    Development
    Economies in transition
    Economic agreements
    Development indicators
    ADB
    Economic development
    Comparative economics
    Regional economics
    Economic development projects
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/5422
    Metadata
    Show full item record
    Thumbnail
    PDF (244.8Kb)
    Author
    He, Xinhua
    Qin, Duo
    Theme
    Economics
    Development

    Related items

    • Thumbnail

      How Much Has People Empowerment Progressed among Small Farmers and Fisherfolk? State of People’s Organizations in the Philippines 

      Songco, Danilo A. (Philippine Institute for Development Studies, 2022-02-28)
      This is an attempt to quantify government’s performance in empowering small farmers and fishers following the provisions of AFMA. It establishes four dimensions of empowerment that may be used to measure empowerment and presents some evidence of how government has performed under each of these dimensions. It concludes that government has been on track in following AFMA’s prescriptions for SFF ...
      This is an attempt to quantify government’s performance in empowering small farmers and fishers following the provisions of AFMA. It establishes four dimensions of empowerment that may be used to measure empowerment and presents some evidence of how ...
    • Thumbnail

      The Impact of ACFTA on People’s Republic of China–ASEAN Trade: Estimates Based on an Extended Gravity Model for Component Trade 

      Sheng, Yu; Tang, Hsiao Chink; Xu, Xinpeng (Asian Development Bank, 2012-07-01)
      This paper uses an extended gravity model to shed light on the impact of the free trade area agreement between the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China (PRC) on the members‘ trade flows and trade patterns. New determinants that capture the rising importance of global production sharing and intraregional trade in parts and components in East Asia are ...
      This paper uses an extended gravity model to shed light on the impact of the free trade area agreement between the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China (PRC) on the members‘ trade flows and trade patterns. ...
    • Thumbnail

      The Rise of the “Redback” and the People’s Republic of China’s Capital Account Liberalization: An Empirical Analysis of the Determinants of Invoicing Currencies 

      Ito, Hiro; Chinn, Menzie (Asian Development Bank Institute, 2014-04-07)
      We investigate the determinants of currency choice for trade invoicing in a cross-country context while focusing on the link between capital account liberalization and its impact on the use of the renminbi (RMB). We find that while countries with more developed financial markets tend to invoice less in the US dollar, countries with more open capital accounts tend to invoice in either the euro or ...
      We investigate the determinants of currency choice for trade invoicing in a cross-country context while focusing on the link between capital account liberalization and its impact on the use of the renminbi (RMB). We find that while countries with more ...
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise