| Aggregate Behaviour of Investment in China, 1953-96: An Analysis of Investment Hunger and Fluctuation 2001 Edition Contributor(s): Sun, Laixiang (Author) |
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ISBN: 1349426717 ISBN-13: 9781349426713 Publisher: Palgrave MacMillan OUR PRICE: $104.49 Product Type: Paperback - Other Formats Published: June 2001 |
| Additional Information |
| BISAC Categories: - Business & Economics | Investments & Securities - General - Political Science | Public Policy - Economic Policy - Business & Economics | Development - Economic Development |
| Dewey: 332.609 |
| Series: Institute of Social Studies, the Hague |
| Physical Information: 0.65" H x 5.5" W x 8.5" (0.79 lbs) 290 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: In China, aggregate investment levels have been high and the cycles of investment growth rate have been remarkable. In order to reveal the mechanisms which drive investment hunger and cycles, this book develops an integrated growth-cycle framework which integrates the standard theory of socialist economies, the distributive barrier-constrained growth theory of developing economies, and the recent technical progresses in the western business cycle theory. It also analyzes the evolutionary dynamics of China's state investment system and the policy trade-off between industrial expansion and agricultural development. |