Research on Economic Dynamic Efficiency of China - Based on AMSZ Model
- DOI
- 10.2991/mcei-16.2016.26How to use a DOI?
- Keywords
- China's Economy; Dynamic Efficiency; AMSZ Model; Net income
- Abstract
In this paper, the dynamic efficiency of Chinese economy is studied by using AMSZ model. The result shows that the economic dynamic efficiency of China was significant volatility before 2008, but there was no significant dynamic inefficiency. From 2005 to 2007, the net capital gains were high, so we cannot say that there is excessive investment in China. However, after the financial crisis in 2008, China's economy has entered a new normalization, and the economic structure is facing a transition. Even so, only slight dynamic inefficiency can be seen from the indicators of NI / GDP. As a developing country, the per capita capital stock of China is still low; we cannot ignore the role of investment in stimulating economic growth.
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Zihao Chen PY - 2016/12 DA - 2016/12 TI - Research on Economic Dynamic Efficiency of China - Based on AMSZ Model BT - Proceedings of the 2016 6th International Conference on Mechatronics, Computer and Education Informationization (MCEI 2016) PB - Atlantis Press SP - 124 EP - 129 SN - 1951-6851 UR - https://doi.org/10.2991/mcei-16.2016.26 DO - 10.2991/mcei-16.2016.26 ID - Chen2016/12 ER -