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The Dependence of China's Economic Growth on Exports and Investment

Author

Listed:
  • Andong Zhu

    (Tsinghua University, Beijing, China)

  • David M. Kotz

    () (University of Massachusetts Amherst, USA)

Abstract

This paper analyzes the growing role played by exports and investment in China's rapid economic growth since 1978. It examines the reasons for the shift over time in China's growth model, which occurred in stages, and it questions the sustainability of the recent dependence on exports and investment. It proposes structural changes in China's growth model and considers the obstacles to such changes.

Suggested Citation

  • Andong Zhu & David M. Kotz, 2011. "The Dependence of China's Economic Growth on Exports and Investment," Review of Radical Political Economics, Union for Radical Political Economics, vol. 43(1), pages 9-32, March.
  • Handle: RePEc:sae:reorpe:v:43:y:2011:i:1:p:9-32
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    Citations

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    Cited by:

    1. Sahoo, Manoranjan & Babu, M. Suresh & Dash, Umakant, 2016. "Long run sustainability of current account balance of China and India: New evidence from combined cointegration test," MPRA Paper 79013, University Library of Munich, Germany, revised 2016.
    2. repec:eee:chieco:v:46:y:2017:i:c:p:261-274 is not listed on IDEAS
    3. Sahoo, Manoranjan & babu, M. Suresh & Dash, Umakant, 2016. "Current account sustainability in SAARC economies: Evidence from combined cointegration approach," MPRA Paper 79014, University Library of Munich, Germany, revised 2016.
    4. ten Brink, Tobias, 2011. "Kooperation oder Konfrontation? Der Aufstieg Chinas in der globalen politischen ├ľkonomie," MPIfG Working Paper 11/7, Max Planck Institute for the Study of Societies.

    More about this item

    Keywords

    Chinese economy; economic growth; export dependence;

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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