The Structural Reforms and Economic Growth in Mainland China

博士 === 國立政治大學 === 經濟學系 === 89 === This article proposes intervention model to analyze the structural change of China’s transitional economy. We identify the relationship between economic growth and structural change by using the production functions from military, nonmilitary, and private sectors. T...

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Bibliographic Details
Main Authors: Chung-Cheng Yang, 楊忠城
Other Authors: An-Pang Kao
Format: Others
Language:zh-TW
Published: 2000
Online Access:http://ndltd.ncl.edu.tw/handle/66744231421353808225
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Summary:博士 === 國立政治大學 === 經濟學系 === 89 === This article proposes intervention model to analyze the structural change of China’s transitional economy. We identify the relationship between economic growth and structural change by using the production functions from military, nonmilitary, and private sectors. The results indicate a more market-oriented economy and changing relationship between private and public ownership will continue to drive China toward modernization. In contrast to high economic growth, although military expenditure is still increasing but its relative scale is declining. The main sources of China’s economic growth are from the increase of accumulation rate, the positive and spillover effects of public expenditures, and the liberalization of international economic relations. Especially, much of China’s growth has come from producing goods for foreign trade. While on the other hand, the impacts of technological change and increased labor inputs are not significant in this study.