search query: @journal_id 1496 / total: 65
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| Author: | Lin, Ling Liu, Shiqing |
| Title: | Profit cycle and economic cycle (original in Chinese) |
| Journal: | Social Sciences in China (c)
1999 : 3, p.56-67 |
| Index terms: | PROFIT BUSINESS CYCLES |
| Language: | chn |
| Abstract: | This article analyses the profit increase of the recent 20 years in China, and compares the profit increase cycle of the major developed countries and developing countries in the world. It points out there is a profit cycle principle in the economic running. That it is to say, profit is the root and essential incentive of economic growth. The high-speed growth of GDP or any other growth can not be called a real one without the profit increase as its foundation. The author considers that special attention should be paid to the indicator of profit increase rate and analysis method of profit cycle while evaluating the economic level and the quality of development of a country. |
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