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Article: The fifth Asian dragon: Sources of growth in Guangdong, 1979-1994
Title | The fifth Asian dragon: Sources of growth in Guangdong, 1979-1994 |
---|---|
Authors | |
Issue Date | 1998 |
Publisher | Blackwell Publishing, Inc. |
Citation | Contemporary Economic Policy, 1998, v. 16 n. 1, p. 1-11 How to Cite? |
Abstract | This paper presents a growth accounting exercise to uncover the sources of spectacular growth in the Guangdong Province in China, the so-called "Fifth Dragon" in Asia, for the post-open-door period 1979-1994. A large fraction of Guangdong's output growth cannot be attributed to the growth in its capital and labor inputs. Of the unexplained residuals, foreign direct investment is a significant growth-spurring engine while export expansion is not. In this sense, China's open door policy did not generate export-led growth although it did stimulate capital accumulation through the importation of foreign capital. ©Western Economic Association International. |
Persistent Identifier | http://hdl.handle.net/10722/85564 |
ISSN | 2023 Impact Factor: 1.7 2023 SCImago Journal Rankings: 0.601 |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Yuen, CW | en_HK |
dc.date.accessioned | 2010-09-06T09:06:37Z | - |
dc.date.available | 2010-09-06T09:06:37Z | - |
dc.date.issued | 1998 | en_HK |
dc.identifier.citation | Contemporary Economic Policy, 1998, v. 16 n. 1, p. 1-11 | en_HK |
dc.identifier.issn | 1074-3529 | en_HK |
dc.identifier.uri | http://hdl.handle.net/10722/85564 | - |
dc.description.abstract | This paper presents a growth accounting exercise to uncover the sources of spectacular growth in the Guangdong Province in China, the so-called "Fifth Dragon" in Asia, for the post-open-door period 1979-1994. A large fraction of Guangdong's output growth cannot be attributed to the growth in its capital and labor inputs. Of the unexplained residuals, foreign direct investment is a significant growth-spurring engine while export expansion is not. In this sense, China's open door policy did not generate export-led growth although it did stimulate capital accumulation through the importation of foreign capital. ©Western Economic Association International. | en_HK |
dc.language | eng | en_HK |
dc.publisher | Blackwell Publishing, Inc. | en_HK |
dc.relation.ispartof | Contemporary Economic Policy | en_HK |
dc.title | The fifth Asian dragon: Sources of growth in Guangdong, 1979-1994 | en_HK |
dc.type | Article | en_HK |
dc.identifier.openurl | http://library.hku.hk:4550/resserv?sid=HKU:IR&issn=1074-3529&volume=XVI&spage=1&epage=11&date=1998&atitle=The+Fifth+Asian+Dragon:+Sources+of+Growth+in+Guangdong,+1979-1994 | en_HK |
dc.identifier.email | Yuen, CW: cwyuen@hku.hk | en_HK |
dc.identifier.authority | Yuen, CW=rp01123 | en_HK |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1111/j.1465-7287.1998.tb00495.x | - |
dc.identifier.scopus | eid_2-s2.0-21944441172 | en_HK |
dc.identifier.hkuros | 35890 | en_HK |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-21944441172&selection=ref&src=s&origin=recordpage | en_HK |
dc.identifier.volume | 16 | en_HK |
dc.identifier.issue | 1 | en_HK |
dc.identifier.spage | 1 | en_HK |
dc.identifier.epage | 11 | en_HK |
dc.publisher.place | United States | en_HK |
dc.identifier.scopusauthorid | Yuen, CW=7101633296 | en_HK |
dc.identifier.issnl | 1074-3529 | - |