China's Economic Growth 1978-2025: What We Know Today About China's Economic Growth Tomorrow

Carsten A. Holz ()

World Development, 2008, vol. 36, issue 10, pages 1665-1691

Abstract: Summary This paper examines China's future growth prospects and the potential drivers of future growth using two approaches. It first asks in how far China's recent economic development matches standard growth patterns identified in development economics and trade theory. Second, GDP is decomposed into income components, which in turn are explained, for the reform period, by the quantity and quality of labor; future GDP can then be re-composed from future labor data available today. Overall, China's economic growth is likely to continue at current rates through 2015 before it gradually slows. Such a growth has numerous implications.

Keywords: economic; growth; growth; accounting; growth; forecasts; development; theories; education; China (search for similar items in EconPapers)
Date: 2008

Downloads: (external link)
http://www.sciencedirect.com/science/article/B6VC6 ... 5f58fb15b8afa1ff2265
Full text for ScienceDirect subscribers only

Related works:
Working Paper: China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow (2005)
Working Paper: China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:eee:wdevel:v:36:y:2008:i:10:p:1665-1691

Access Statistics for this article

World Development is edited by O. T. Coomes

More articles in World Development from Elsevier
Series data maintained by Heidi Boesdal ().