Please use this identifier to cite or link to this item: https://repositorio.insper.edu.br/handle/11224/5967
Type: Working Paper
Title: Trade, structural transformation and growth in China
Author: Ferreira, Pedro Cavalcanti
Santos, Marcelo Rodrigues dos
Silva, Leonardo Fonseca da
Publication Date: 2013
Abstract: Chinaís recent performance in economic growth was characterized by high investment rate, increase in international trade, strong productivity growth in agriculture and nonfarm sectors and the reallocation of labor across sectors. We present a standard dynamic general equilibrium model of structural transformation for the Chinese economy to assess the contributions of the main drivers for the Chinese economic development. Our paper di§ers from other contributions to the literature by adding an external sector to the general equilibrium model of structural transformation. By doing that, we are able to estimate the contribution of trade to the economic development of China. We estimate that the contribution of trade to Chinaís economic growth was 26% of total economic growth during the period from 1980-2005. Moreover, the agricultural sector explained 27% of Chinese economic performance from 1980 to 2005.
Keywords (english terms): China
Structural Transformation
Trade
Language: Inglês
CNPq Area: Ciências Sociais Aplicadas
Copyright: O INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DO USUÁRIO VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITOR
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