中国の経済成長要因分析
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概要
- 論文の詳細を見る
The Chinese economy is changing greatly after reform and open door policy began in 1978. In the 1990s, after the Chinese government adopted a policy of a socialist market economy, its economy has grown rapidly, and is now attracting global attention. This paper provides an econometric analysis of Chinese economic growth from 1978 to 2001 using the Solow-Swan model, and examines the factors and features of the sustained high economic growth of China. Chapter 1 briefly explains changes in the important macroeconomic indicators of the Chinese economy after reform and open door policy in 1978, and describes their results and a new growth mechanism. Chapter 2 examines the Cobb-Douglas form production function used in this paper. In this Cobb-Douglas-type production function, two methods of finding a parameter are examined. In this paper, a parameter is presumed using the "generalized least squares method," which is often used in econometric model analysis. The problems of this econometric model are then examined. Chapter 3 shows the measurement results and clarifies the economic growth factors. According to the measurement results of this paper, the average capital share (a) of the Chinese economy was 0.559 from 1978 to 2001, and the average labor share (/?) was 0.444. Compared with developed countries, the capital share of China was quite high. Finally, the features of the Chinese economy and future research subjects clarified in this paper are described. Summarizing the analysis results, the biggest contribution to Chinese economic growth was capital through the analysis period (1985-2001), followed by technological progress. The contribution of foreign capital was the lowest However, in the analysis model used in this paper, contribution only by foreign capital and its external effects are not considered. Moreover, the capital share was relatively high and the labor share was relatively low. China is a huge country with a population of 1,300 million, and the reasons for the high marginal product elasticity of capital are relatively rich labor and relatively poor capital. At the same time, the education level of Chinese laborers being low and the wage level being quite low is another factor. In addition, it has been proved that the Chinese economy indicated mostly constant returns to scale through the analvsis period.
- 大阪産業大学の論文
- 2005-06-30