Sun, Laixiang (2001) Aggregate Behaviour of Investment in China, 1953-96: An Analysis of Investment Hunger and Fluctuation. Basingstoke: Palgrave and St. Martin's Press.
Abstract
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.
| Item Type: | Authored Books |
|---|---|
| SOAS Departments & Centres: | Legacy Departments > Faculty of Law and Social Sciences > School of Finance and Management |
| Subjects: | H Social Sciences > HG Finance |
| ISBN: | 9780333948095 |
| DOI (Digital Object Identifier): | https://doi.org/10.1057/9780230513884 |
| Date Deposited: | 01 Jul 2008 10:43 |
| URI: | https://eprints.soas.ac.uk/id/eprint/3379 |
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