The Chaning Patterns of Investment in the PRC Economy

Arbeitspapier

The investment-intensive growth model of the People’s Republic of China (PRC) is often viewed as state-driven and ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns since 2003 and the potential impact of industrial policies on these patterns. The point of view is macroeconomic, based on economy-wide data with various breakdown. Significant shifts in investment patterns across sectors and ownership forms have occurred over time, supporting a new growth model with a reduced role of the state, and these shifts appear driven more by market factors than by government policies.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 6484

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Investment; Capital; Intangible Capital; Capacity ; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General ; Industrial Policy; Sectoral Planning Methods ; Macroeconomic Analyses of Economic Development ; Industrial Policy ; Economywide Country Studies: Asia including Middle East
• Thema: investment rate ; investment policy ; national investment strategy ; sector distribution of investment ; ownership distribution of investment ; causes of investment ; economic growth

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Holz, Carsten A.
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and ifo Institute (CESifo)
• (wo): Munich
• (wann): 2017

Weitere Informationen

• Handle: http://hdl.handle.net/10419/167470
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ