The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and … ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns … economy-wide data with various breakdown. Significant shifts in investment patterns across sectors and ownership forms have …

The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and … ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns … economy-wide data with various breakdown. Significant shifts in investment patterns across sectors and ownership forms have …

expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … reduction in investment. It also notes that investment in China remains broad-based across all economic sectors, with little … same time, the relative size of foreign investment in China has become negligible and the China growth story thus has …

control and investment mobility. More liberalization steps came in 1989 aiming to increase the investment and growth. Foreign … Direct Investment (FDI) was seen important for those purposes. However, short term capital flows, having been more effective …

We study the determinants of corporate investment growth in the U.S. We use accounting identities to develop a system … in which unexpected changes in investment growth are decomposed into surprises to current earnings growth, surprises to … discount rates. Using a vector autoregressive model we find that the lion's share of variation in investment growth is strongly …

The relationship between foreign direct investment and domestic investment is intriguing. An important question arises … - does foreign direct investment crowd in or crowd out domestic investment? This paper examines this nexus in the post-1991 … investment and domestic investment was analysed using cointegration test. Thereafter, the vector error correction model was …

This paper investigates the causal links between domestic capital investment, foreign direct investment (FDI), and … between non-oil GDP growth and domestic capital investment, and bidirectional causality between FDI and domestic capital … investment. FDI affects negatively domestic capital investment in the short run, whereas domestic capital investment affects …

transitional and a developing economy. -- China ; Identity ; Investment ; Neoclassical Model ; Total Factor Productivity Growth … attempt at modeling investment. We identify their shortcomings and the problems with the alleged policy implications derived …

attempt at modeling investment. We identify their shortcomings and the problems with the alleged policy implications derived …

This paper analyzes the evolution of investment in China, its main features, and its key determinants. In recent years …, manufacturing, real estate, and infrastructure have been the main drivers of investment. Investment remains largely concentrated in … determinants of investment indicates that financial variables, such as interest rates, the exchange rate, and the depth of the …