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Article: Fixed investment and economic growth in China

TitleFixed investment and economic growth in China
Authors
Kwan, ACCWu, YZhang, J
Issue Date1999
PublisherSpringer New York LLC. The Journal's web site is located at http://springerlink.metapress.com/openurl.asp?genre=journal&issn=1573-9414
Citation
Economics Of Planning, 1999, v. 32 n. 1, p. 67-79 How to Cite?
DOI: http://dx.doi.org/10.1023/A:1003424418042
AbstractThis paper attempts to investigate empirically the investment-growth relationship in China. Using the exogeneity framework pioneered by Engle et al. (1983) and Engle and Hendry (1993), we find that fixed investment is a key determinant of China's economic growth, which, surprisingly, has not been rigorously examined in the literature. The super exogeneity test results suggest that there exists a robust (or structurally invariant) relationship between capital formation and income growth, thereby giving credence to policy evaluation.
Persistent Identifierhttp://hdl.handle.net/10722/85612
ISSN
0013-0451
ISI Accession Number ID
WOS:000081050800004
References
References in Scopus

 

DC FieldValueLanguage
dc.contributor.authorKwan, ACCen_HK
dc.contributor.authorWu, Yen_HK
dc.contributor.authorZhang, Jen_HK
dc.date.accessioned2010-09-06T09:07:10Z-
dc.date.available2010-09-06T09:07:10Z-
dc.date.issued1999en_HK
dc.identifier.citationEconomics Of Planning, 1999, v. 32 n. 1, p. 67-79en_HK
dc.identifier.issn0013-0451en_HK
dc.identifier.urihttp://hdl.handle.net/10722/85612-
dc.description.abstractThis paper attempts to investigate empirically the investment-growth relationship in China. Using the exogeneity framework pioneered by Engle et al. (1983) and Engle and Hendry (1993), we find that fixed investment is a key determinant of China's economic growth, which, surprisingly, has not been rigorously examined in the literature. The super exogeneity test results suggest that there exists a robust (or structurally invariant) relationship between capital formation and income growth, thereby giving credence to policy evaluation.en_HK
dc.languageengen_HK
dc.publisherSpringer New York LLC. The Journal's web site is located at http://springerlink.metapress.com/openurl.asp?genre=journal&issn=1573-9414en_HK
dc.relation.ispartofEconomics of Planningen_HK
dc.titleFixed investment and economic growth in Chinaen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0013-0451&volume=32&spage=67&epage=79&date=1999&atitle=Fixed+Investment+and+Economic+Growth+in+Chinaen_HK
dc.identifier.emailZhang, J: jjzhang@econ.hku.hken_HK
dc.identifier.authorityZhang, J=rp01124en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1023/A:1003424418042en_HK
dc.identifier.scopuseid_2-s2.0-0032855032en_HK
dc.identifier.hkuros43753en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0032855032&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume32en_HK
dc.identifier.issue1en_HK
dc.identifier.spage67en_HK
dc.identifier.epage79en_HK
dc.identifier.isiWOS:000081050800004-
dc.publisher.placeNetherlandsen_HK
dc.identifier.scopusauthoridKwan, ACC=13302696700en_HK
dc.identifier.scopusauthoridWu, Y=7406895405en_HK
dc.identifier.scopusauthoridZhang, J=55367373100en_HK
dc.identifier.issnl0013-0451-

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