The dynamics of catch-up and skill and technology upgrading in China

Michael Funke and Xi Chen ()

Quantitative Macroeconomics Working Papers from Hamburg University, Department of Economics

Abstract: This paper accounts for China?s economic growth since 1980 in a uni-fied endogenous growth model in which a sequencing of physical capital accumula-tion, human capital ac-cumulation and innovation drives the rise in China?s aggre-gate income. The first stage is characterized by physical capital accumulation. The second stage includes both physical and human capital accumulation, and in the final stage innovation is added to the mix. Model calibrations indicate that the growth model can generate a trajectory that accords well with the different stages of development in China.

Keywords: China; economic growth; transitional dynamics (search for similar items in EconPapers)
JEL-codes: D90 O31 O33 O41 (search for similar items in EconPapers)
Date: 2012-06
New Economics Papers: this item is included in nep-dge, nep-fdg and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: The dynamics of catch-up and skill and technology upgrading in China (2013)
Working Paper: The dynamics of catch-up and skill and technology upgrading in China (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:ham:qmwops:21206

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