Structural Accelerating and Structural Decelerating in the Long Run Growth: An Exposition
Read
DownLoad |
| Title | Structural Accelerating and Structural Decelerating in the Long Run Growth: An Exposition
|
| Author | Yuan Fuhua |
| Organization | Institute of Economics, CASS |
| Email | fuhua_yuan@sohu.com |
| Key Words | Economic Growth; Structural Accelerating; Structural Decelerating |
| Abstract | Based on the Mitchell’s international historical statistics and Maddison’s historical statistics, this paper analyzes the factors influenced the long run growth. The fact that the decelerating of GDP growth appeared in developed countries linked tightly with the decelerating of productivity growth, which caused by the service development. So, this paper illustrates the view of structural accelerating and structural decelerating in the long run growth, which has more explaining power than other theories to China’s industrialization and urbanization. |
| Serial Number | WP228 |
| Time | 2012-02-21 |
|