Chen, Xi; Funke, Michael - In: Journal of Macroeconomics 38 (2013) PB, pp. 465-480
of physical capital accumulation, human capital accumulation and innovation drives the rise in China’s aggregate income …This paper accounts for China’s economic growth since 1980 in a unified endogenous growth model in which a sequencing … capital accumulation, and in the final stage innovation is added to the mix. Model calibrations indicate that the growth model …