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

Carsten Holz

World Development, 2008, vol. 36, issue 10, 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
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Citations: View citations in EconPapers (23)

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

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