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How Important is Exports and FDI for China's Economic Growth?
https://doi.org/10.24545/00001115
https://doi.org/10.24545/00001115ac3addca-b477-4794-aa5a-bf8dac9b28fe
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
DP13-04.pdf (651.7 kB)
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| Item type | ディスカッションペーパー / Discussion Paper(1) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 公開日 | 2013-05-27 | |||||||||
| タイトル | ||||||||||
| タイトル | How Important is Exports and FDI for China's Economic Growth? | |||||||||
| 言語 | en | |||||||||
| 言語 | ||||||||||
| 言語 | eng | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | Chinese economy | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | growth | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | external demand | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | GDP accounting | |||||||||
| 資源タイプ | ||||||||||
| 資源タイプ | technical report | |||||||||
| ID登録 | ||||||||||
| ID登録 (DOI) | 10.24545/00001115 | |||||||||
| ID登録タイプ | JaLC | |||||||||
| 著者 |
XING, Yuqing
× XING, Yuqing
× PRADHANANGA, Manisha
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| 著者所属 | ||||||||||
| 値 | Asian Development Bank Institute, Tokyo; 政策研究大学院大学 / National Graduate Institute for Policy Studies | |||||||||
| 著者所属 | ||||||||||
| 値 | Asian Development Bank Institute; University of Massachusetts, Amherst | |||||||||
| 分野 | ||||||||||
| 内容記述タイプ | Other | |||||||||
| 内容記述 | 経済学 / Economics | |||||||||
| 抄録 | ||||||||||
| 内容記述タイプ | Abstract | |||||||||
| 内容記述 | The Global Financial Crisis and the recent slowdown of China's growth have led to questions about the sustainability of China's growth. The argument is that, China is too dependent on external demand and that it needs to "rebalance" its economy toward domestic consumption. However, conventional measures of external: net exports-over-GDP and exports-over-GDP are biased and do not accurately measure the contribution of external demand to GDP growth. In this paper, we propose two measures that are simple modifications of the conventional measures. We argue that our proposed measures provide a more accurate estimate of the vulnerability of China's economy to external shocks, in the form of exports and FDI. Our estimates show that in 2001, exports and FDI accounted for 18.2% of GDP growth and by 2004 the share rose to 49 percent. During 2005-2007, the contribution of exports and FDI to growth remained in the range of 38-40 percent. Our estimates also show that the impressive recovery of the Chinese economy in the post-crisis period owed at least 53% of its growth to exports and FDI. Based on these results, we conclude that the Chinese economy remains highly dependent on external demand in the form of exports and FDI, and re-balancing the economy towards domestic demand has not been achieved yet. | |||||||||
| 内容記述 | ||||||||||
| 内容記述タイプ | Other | |||||||||
| 内容記述 | JEL Classification Codes: F43, E01 | |||||||||
| 発行年 | ||||||||||
| 値 | 2013-05 | |||||||||
| 書誌情報 |
en : GRIPS Discussion Papers Report No. DP13-04, 発行日 2013-05-27 |
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| 出版者 | ||||||||||
| 出版者 | GRIPS Policy Research Center | |||||||||
| 言語 | en | |||||||||
| 関連サイト | ||||||||||
| 関連タイプ | isIdenticalTo | |||||||||
| 識別子タイプ | URI | |||||||||
| 関連識別子 | https://ideas.repec.org/p/ngi/dpaper/13-04.html | |||||||||
| 関連名称 | https://ideas.repec.org/p/ngi/dpaper/13-04.html | |||||||||
| 著者情報 | ||||||||||
| 内容記述タイプ | Other | |||||||||
| 内容記述 | https://www.grips.ac.jp/list/jp/facultyinfo/xing_yuqing/ | |||||||||
| 著者版フラグ | ||||||||||
| 出版タイプ | AM | |||||||||
| 出版タイプResource | http://purl.org/coar/version/c_ab4af688f83e57aa | |||||||||
