Investment and China's economic growth in the years 1980-2012

Tomasz Białowąs

Abstract


This paper investigates China's economic growth with respect to the growth of investment in the years 1980-2012. It finds that investment contributed to around one-half of China's GDP growth since 1980. China's investment/GDP ratio is very high compared to other countries but capital stock per worker is still low. But since 2008 the efficiency of investment has deteriorated.

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DOI: http://dx.doi.org/10.17951/h.2014.48.2.19
Date of publication: 2015-05-23 20:20:33
Date of submission: 2015-04-16 13:45:40


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