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The Enlightenment of East Asian Model and Revelation of the Structural Myth of China’s Economic Growth
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TitleThe Enlightenment of East Asian Model and Revelation of the Structural Myth of China’s Economic Growth  
AuthorTao Xinyu,Jin Tao and Yang Yijing  
OrganizationInstitute of Economics,Xiamen University 
Email854260065@qq.com;18959284581@126.com 
Key WordsStructural Myth; Economic Growth; “Inverted U” Type Curve 
Abstract The East Asian countries have experienced a whole process of “structural acceleration” and “structural slowdown”. Are “China model” and “East Asian model” all roads leading to Rome? On the basis of the overall evaluation of the development of “East Asian model”, we, combined with China’s reality, reveal the evolution of China’s economic development. Then, by comparing with Japan and South Korea in the structure of population, investment and consumption, foreign trade, industry, and income, we draw a further perspective of the feasibility of China’s economic space. Furthermore, referring to the experience of east Asian countries, we synthesize five economic structural indices into a structural index by principal component analysis, and from a more micro level, empirically study the influence of the structural index and five economic structure’s impact on economic growth across prefecture-level cities at different scale level. Research shows that the economic structure and economic growth present a “inverted U” type curve, but cities at different scale level are at different stages of “inverted U” type curve. In addition, five separate economic structure’s impact on economic growth are also different. Finally, we make positive suggestions on structural adjustment. 
Serial NumberWP993 
Time2015-12-18 
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