The aim of this study is to empirically test the validity of the Kaldorian approach to growth and development in China during its reform period of 1979-2004. In order to obtain robust results, both time-series and regional panel data formats are used. The present study finds from both data sets that the Kaldorian hypotheses about economic growth are valid in China during the reform period.
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Find related papers by JEL classification: O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
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