scholarly journals Internal Convergence and China’s Growth Potential

2017 ◽  
pp. 67-88
Author(s):  
Yang Yao ◽  
Mengqi Wang
Keyword(s):  
Growth Potential ◽  
China’S Growth

China’s growth potential to 2050

2017 ◽  
pp. 4-29
Author(s):  
Chong-en Bai ◽  
Qiong Zhang ◽  
Xiaoru Fei ◽  
Jingjie Zhao ◽  
Menghan Wang
Keyword(s):  
Growth Potential ◽  
China’S Growth

China's Growth Slowdown and Prospects for Becoming a High-Income Developed Economy

2017 ◽  
Vol 16 (1) ◽  
pp. 89-113 ◽  
Author(s):  
Ding Lu
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Analytical Framework ◽  
Early Observation ◽  
High Income ◽  
Growth Potential ◽  
Labor Productivity Growth ◽  
Tfp Growth ◽  
Moderate Growth ◽  
China’S Growth

After decades of hyper growth, China's economy has slowed significantly in recent years, causing widespread anxiety both within and outside the country. Although economists have not reached a consensus about China's growth potential, it is undeniable that the country has switched gears toward a “new normal” of moderate growth amidst ongoing structural change. To assess China's growth performance and prospects, this study modifies Masahiko Aoki's analytical framework of a unified growth theory into a multi-sector model and applies it to identify the sources of China's per capita income growth in recent decades. The analysis confirms Aoki's early observation that China entered the so-called “Kuznets phase” of development in the 1980s, which then became overlapped by the H-phase, in which human capital–based growth is characterized by high labor productivity growth. This study provides evidence that China's labor productivity growth has been predominantly driven by fixed capital formation. It also reveals that the Kuznets effect (with its labor reallocation effect) has now passed its peak and is fading away. The most alarming finding is that net total factor productivity (TFP) growth in the latest period has slowed to a near halt. This trend is particularly worrisome given that China has exhausted its past demographic dividend and its industrial structure has evolved to the end of industrialization stage. Meanwhile, demographic projections clearly indicate that China has entered what Aoki defined as the development phase of “post demographic transition.” Whether China can reverse the downward trend of TFP growth will determine how soon it can achieve the goal of becoming a high-income developed economy.

Biological annuloplasty rings with growth potential for mitral valve surgery

2008 ◽  
Vol 56 (S 1) ◽  
Author(s):  
A Lichtenberg ◽  
P Minol ◽  
H Baraki ◽  
E Bagaev ◽  
M Suprunov ◽  
...  
Keyword(s):  
Mitral Valve ◽  
Mitral Valve Surgery ◽  
Valve Surgery ◽  
Growth Potential

Opportunities for accelerating labor productivity growth: The role of small and medium enterprises

2020 ◽  
pp. 98-114
Author(s):  
Evguenia V. Bessonova ◽  
Alexander G. Morozov ◽  
Natalia A. Turdyeva ◽  
Anna N. Tsvetkova
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Small And Medium Enterprises ◽  
Growth Potential ◽  
Business Climate ◽  
Labor Productivity Growth ◽  
Positive Effects ◽  
Low Efficiency ◽  
Medium Enterprises ◽  
Medium Firms

The paper considers necessary conditions for acceleration of labor productivity growth in Russia. Based on micro data, as well as aggregate data, the paper quantifies the contribution of small and medium firms to labor productivity growth. It shows that mere increase of the number of small and medium enterprises is not as important for positive effects of these programs, as qualitative improvements: development of favorable environment for growth, which is largely determined by business climate. Accelerating productivity growth involves redistribution of labor and capital from inefficient to efficient enterprises. In particular, it is necessary to create conditions, which allow a firm to grow after it enters the market instead of stagnating as a small firm with low efficiency. At the same time, it is necessary for ineffective firms, which exhausted their growth potential, to have an opportunity to exit the market easily leaving resources including labor to fast-growing companies.

China's Productivity Slowdown and Future Growth Potential

2020 ◽  
Author(s):  
Loren Brandt ◽  
John Litwack ◽  
Elitza Mileva ◽  
Luhang Wang ◽  
Yifan Zhang ◽  
...  
Keyword(s):  
Growth Potential ◽  
Productivity Slowdown ◽  
Future Growth

CURRENT STATE AND DEVELOPMENT PERSPECTIVES OF THE CASPIAN SPRAT FISHERIES

2018 ◽  
pp. 69-75
Author(s):  
Tatiana Vasilievna Pomogaeva ◽  
Aliya Ahmetovna Aseinova ◽  
Yuriy Aleksandrovich Paritskiy ◽  
Vjacheslav Petrovich Razinkov
Keyword(s):  
Food Item ◽  
Growth Potential ◽  
North West ◽  
Marine Fishery ◽  
The North ◽  
Current State ◽  
West Part ◽  
Eggs And Larvae ◽  
Intensive Growth

The article presents annual statistical data of the Caspian Research Institute of Fishery. There has been kept track of the long term dynamics of the stocks of three species of Caspian sprat (anchovy, big-eyed kilka, sprat) and investigated a process of substituting a food item of sprats Eurytemora grimmi to a small-celled copepod species Acartia tonsa Dana. According to the research results, there has been determined growth potential of stocks of each species. Ctenophoran-Mnemiopsis has an adverse effect on sprat population by eating fish eggs and larvae. Ctenophoram - Mnemiopsis is a nutritional competitor to the full-grown fishes. The article gives recommendations on reclamation of stocks of the most perspective species - common sprat, whose biological characteristics helped not to suffer during Ctenophoram outburst and to increase its population during change of the main food item. Hydroacoustic survey data prove the intensive growth of common sprat biomass in the north-west part of the Middle Caspian. According to the results of the research it may be concluded that to realize the volumes of recommended sprat catch it is necessary to organize the marine fishery of common sprat at the Russian Middle Caspian shelf.

Understanding China’s Growth: Past, Present, and Future

CFA Digest ◽  
2013 ◽  
Vol 43 (2) ◽  
pp. 48-50
Author(s):  
Ahmed Sule
Keyword(s):  
China’S Growth
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