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Article: Fixed investment and economic growth in China
Title | Fixed investment and economic growth in China |
---|---|
Authors | |
Issue Date | 1999 |
Publisher | Springer New York LLC. The Journal's web site is located at http://springerlink.metapress.com/openurl.asp?genre=journal&issn=1573-9414 |
Citation | Economics Of Planning, 1999, v. 32 n. 1, p. 67-79 How to Cite? |
Abstract | This paper attempts to investigate empirically the investment-growth relationship in China. Using the exogeneity framework pioneered by Engle et al. (1983) and Engle and Hendry (1993), we find that fixed investment is a key determinant of China's economic growth, which, surprisingly, has not been rigorously examined in the literature. The super exogeneity test results suggest that there exists a robust (or structurally invariant) relationship between capital formation and income growth, thereby giving credence to policy evaluation. |
Persistent Identifier | http://hdl.handle.net/10722/85612 |
ISSN | |
ISI Accession Number ID | |
References |
DC Field | Value | Language |
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dc.contributor.author | Kwan, ACC | en_HK |
dc.contributor.author | Wu, Y | en_HK |
dc.contributor.author | Zhang, J | en_HK |
dc.date.accessioned | 2010-09-06T09:07:10Z | - |
dc.date.available | 2010-09-06T09:07:10Z | - |
dc.date.issued | 1999 | en_HK |
dc.identifier.citation | Economics Of Planning, 1999, v. 32 n. 1, p. 67-79 | en_HK |
dc.identifier.issn | 0013-0451 | en_HK |
dc.identifier.uri | http://hdl.handle.net/10722/85612 | - |
dc.description.abstract | This paper attempts to investigate empirically the investment-growth relationship in China. Using the exogeneity framework pioneered by Engle et al. (1983) and Engle and Hendry (1993), we find that fixed investment is a key determinant of China's economic growth, which, surprisingly, has not been rigorously examined in the literature. The super exogeneity test results suggest that there exists a robust (or structurally invariant) relationship between capital formation and income growth, thereby giving credence to policy evaluation. | en_HK |
dc.language | eng | en_HK |
dc.publisher | Springer New York LLC. The Journal's web site is located at http://springerlink.metapress.com/openurl.asp?genre=journal&issn=1573-9414 | en_HK |
dc.relation.ispartof | Economics of Planning | en_HK |
dc.title | Fixed investment and economic growth in China | en_HK |
dc.type | Article | en_HK |
dc.identifier.openurl | http://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0013-0451&volume=32&spage=67&epage=79&date=1999&atitle=Fixed+Investment+and+Economic+Growth+in+China | en_HK |
dc.identifier.email | Zhang, J: jjzhang@econ.hku.hk | en_HK |
dc.identifier.authority | Zhang, J=rp01124 | en_HK |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1023/A:1003424418042 | en_HK |
dc.identifier.scopus | eid_2-s2.0-0032855032 | en_HK |
dc.identifier.hkuros | 43753 | en_HK |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-0032855032&selection=ref&src=s&origin=recordpage | en_HK |
dc.identifier.volume | 32 | en_HK |
dc.identifier.issue | 1 | en_HK |
dc.identifier.spage | 67 | en_HK |
dc.identifier.epage | 79 | en_HK |
dc.identifier.isi | WOS:000081050800004 | - |
dc.publisher.place | Netherlands | en_HK |
dc.identifier.scopusauthorid | Kwan, ACC=13302696700 | en_HK |
dc.identifier.scopusauthorid | Wu, Y=7406895405 | en_HK |
dc.identifier.scopusauthorid | Zhang, J=55367373100 | en_HK |
dc.identifier.issnl | 0013-0451 | - |