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The Roles of Saving, Investment and the Renminbi in Rebalancing the Chinese Economy

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  • Guonan Ma
  • Robert McCauley
  • Lillie Lam

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  • Guonan Ma & Robert McCauley & Lillie Lam, 2013. "The Roles of Saving, Investment and the Renminbi in Rebalancing the Chinese Economy," Review of International Economics, Wiley Blackwell, vol. 21(1), pages 72-84, February.
    • Handle: RePEc:bla:reviec:v:21:y:2013:i:1:p:72-84
    DOI: 10.1111/roie.2013.21.issue-1
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    References listed on IDEAS

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    1. Willem Thorbecke & Gordon Smith, 2010. "How Would an Appreciation of the Renminbi and Other East Asian Currencies Affect China's Exports?," Review of International Economics, Wiley Blackwell, vol. 18(1), pages 95-108, February.
    2. Selahattin Imrohoroglu & Ayse Imrohoroglu & Kaiji Chen, 2006. "The Japanese Saving Rate," American Economic Review, American Economic Association, vol. 96(5), pages 1850-1858, December.
    3. Guonan Ma & Robert N McCauley, 2008. "Efficacy Of China'S Capital Controls: Evidence From Price And Flow Data," Pacific Economic Review, Wiley Blackwell, vol. 13(1), pages 104-123, February.
    4. Chong-En Bai & Chang-Tai Hsieh & Yingyi Qian, 2006. "The Return to Capital in China," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 37(2), pages 61-102.
    5. Gunther Schnabl & Stephan Freitag, 2012. "Reverse Causality in Global and Intra-European Imbalances," Review of International Economics, Wiley Blackwell, vol. 20(4), pages 674-690, September.
    6. Nicholas R. Lardy, 2012. "Sustaining China's Economic Growth after the Global Financial Crisis," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 6260, October.
    7. Tomoyuki Fukumoto & Ichiro Muto, 2012. "Rebalancing China's Economic Growth: Some Insights from Japan's Experience," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 20(1), pages 62-82, January.
    8. John Knight & Sai Ding, 2010. "Why Does China Invest So Much?," Asian Economic Papers, MIT Press, vol. 9(3), pages 87-117, Fall.
    9. Ma, Guonan & McCauley, Robert N., 2011. "The evolving renminbi regime and implications for Asian currency stability," Journal of the Japanese and International Economies, Elsevier, vol. 25(1), pages 23-38, March.
    10. Park, Donghyun & Shin, Kwanho, 2009. "Saving, Investment, and Current Account Surplus in Developing Asia," ADB Economics Working Paper Series 158, Asian Development Bank.
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    Citations

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    Cited by:

    1. Guonan Ma & James Laurenceson, 2019. "China’S Debt Challenge: Stylized Facts, Drivers And Policy Implications," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 64(04), pages 815-837, September.
    2. Guonan Ma & Jinzhao Chen, 2019. "The Role of Internally Financed Capex in Rising Chinese Corporate Debts," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 61(3), pages 413-442, September.
    3. Rod Tyers & Yixiao Zhou, 2019. "Financial Integration and the Global Effects of China's Growth Surge," Economics Discussion / Working Papers 19-01, The University of Western Australia, Department of Economics.
    4. Weiping Li & Guotai Chi & Lan Wu, 2015. "Empirical Study on Saving and Investment Relation in China: 1952¡ª2011," Review of Economics & Finance, Better Advances Press, Canada, vol. 5, pages 81-99, May.
    5. Jianwei Xu & Panpan Yang & Guangrong Ma, 2017. "Accounting for China's Saving-Investment Imbalance from 2002–2008," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(2), pages 234-252, June.
    6. Guonan Ma & Ivan Roberts & Gerard Kelly, 2016. "A Rebalancing Chinese Economy: Challenges and International Implications," RBA Annual Conference Volume (Discontinued), in: Iris Day & John Simon (ed.),Structural Change in China: Implications for Australia and the World, Reserve Bank of Australia.
    7. Sarmiza Pencea & Iulia Monica Oehler-Sincai, 2015. "Investment-Led Development In China – From Past Accomplishments, To Future Challenges," Romanian Economic Business Review, Romanian-American University, vol. 10(2), pages 87-102, June.
    8. Luigi Bonatti & Andrea Fracasso, 2016. "Modelling The Transition Towards The Renminbi'S Full Convertibility: Implications For China'S Growth," Bulletin of Economic Research, Wiley Blackwell, vol. 68(S1), pages 146-170, December.
    9. David Kucera & Xiao Jiang, 2018. "China and the great trade collapse: employment effects of falling exports to the EU and US," International Economics and Economic Policy, Springer, vol. 15(3), pages 629-659, July.
    10. Robert N. McCauley & Guonan Ma, 2013. "Global and Euro Imbalances: China and Germany," SUERF 50th Anniversary Volume Chapters, in: Morten Balling & Ernest Gnan (ed.), 50 Years of Money and Finance: Lessons and Challenges, chapter 2, pages 43-72, SUERF - The European Money and Finance Forum.
    11. Sarah Chan, 2019. "China’s Narrowing Current Account Surplus: Evolving Trends and Policy Implications," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 345-359, September.
    12. Joe Garmondyu Greaves, 2018. "Investigating Saving and Investment Relationship: Evidence from an Autoregressive Distributed Lag Bounds Testing Approach in Liberia," International Journal of Economics and Financial Issues, Econjournals, vol. 8(4), pages 89-104.
    13. Sarmiza Pencea, 2015. "Chinese “New Norma” and Some of its External Outcomes," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(2), pages 31-37, June.
    14. Andrea Fracasso, 2015. "Economic Rebalancing and Growth: the Japanese experience and China’s prospects," DEM Discussion Papers 2015/07, Department of Economics and Management.

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