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| Author: | Zhou, Haichun |
| Title: | The potential rate of China economic growth under the condition of infinitive supply of labor force (original in Chinese) |
| Journal: | Management World (c)
1999 : 3, p.24-28 |
| Index terms: | LABOUR SUPPLY ECONOMIC GROWTH CHINA |
| Language: | chn |
| Abstract: | According to the situation of China, a fairly easy measuring method has been raised, namely, on the assumptions that capital and labor efficiency will not change, and marginal productivity of labor approaches zero. Thus, deduce the model of China economic growth. Make with the analysis of China capital input efficiency. To determine the annual potential rate of China economic growth, there must has a basic judgement on the output coefficient of investment and investment level. The results: China investment rate will gradually increase from 37.3% in 1997 to 40.2% in 2005. During the period of the tenth five-year plan, the potential rate of growth will increase annually, maintaining about 8%. |
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