haku: @author Zhu, X. / yhteensä: 2
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Tekijä: | Brandt, L. Zhu, X. |
Otsikko: | Redistribution in a decentralized economy: growth and inflation in China under reform |
Lehti: | Journal of Political Economy
2000 : APR, VOL. 108:2, p. 422-439 |
Asiasana: | POLITICAL ECONOMY DISTRIBUTION GROWTH |
Kieli: | eng |
Tiivistelmä: | Despite expanding at an annual rate of nearly 9 percent, China's economy has exhibited a marked cyclical pattern: Periods of rapid growth, accompanied by accelerating inflation, are followed by contractions during which both growth and inflation fall. A widening gap also emerged between the output contribution of the state sector and its share of investment and employment. |
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