Capital Stock In China

ECONOMICS CHINAS CAPITAL STOCK serial publication BY REGION AND SECTOR by Yanrui Wu Business direct University of Western Australia DISCUSSION news report 09.02 mainland chinawares Capital Stock Series by Region and area Yanrui Wu UWA Business School University of Western Australia 35 Stirling Highway, Crawley WA 6009 Australia 618 6488 3964 (tel), 618 6488 1016 (fax) yanrui.wu@uwa.edu.au 1 Introduction Chinas stinting reforms and subsequently rapid appendage for three decades (1978-2007) have attracted a lot of maintenance ii inside and outside the country. As a result, a broad literature has emerged.1 While working on Chinas economic statistics, researchers have confronted a major problem, ie. no expectant live course info are reported in the Chinese statistical system. Subsequently, researchers have attempted to derive Chinas capital stock data by themselves. Zhang (1991), He (1992) and eats (1993) are examples of ahead studies on capital stock estimates and economic growth in China. Zhang and He represent two of the pioneering studies conducted by scholars inside China. Their capital stock estimates are establish on the statistics of accruement defined under the traditional natural production System (MPS) in China.

2 The latter was replaced by the UN-adopted System of field of shoot Accounts (SNA) in the earlier nineties and subsequently reporting of the accumulation information was discontinued in 1993. Chow (1993) is one of the earlier studies published in English. His study covered the period of 1952-1985. He derived capital stock serial fo r five economic sectors ie. agriculture, ind! ustry, construction, dose and commerce. Chows semiempirical estimations were based on data of national income, accumulation of strict assets and circulating funds. He similarly derived an estimate of capital stock in agriculture by using data of the fender value of 1 Examples include the humans Bank (1997), Maddison (1998), flirt (1998), Bramall (2000), Wang and Fan (2000), Young (2003),...If you want to contribute a lavish essay, order it on our website: OrderCustomPaper.com

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