000 02736cam a2200421 i 4500
001 rnd000000000048460
003 RAND
008 960212s1991 caua b 000 0 eng d
010 _a 91209836
020 _a0833018248
027 _aRAND/N-2945-NA
035 _a(Sirsi) a190421
037 _c$30.00
040 _aCstmoR
_cCstmoR
043 _aa-cc---
050 0 0 _aHC427.92
_b.H46 1991
100 1 _aHenry, Donald Putnam,
_d1957-
_eauthor.
245 1 0 _aMAGIC, models of aggregate growth in China /
_cDonald Putnam Henry.
264 1 _aSanta Monica, CA :
_bRAND,
_c1991.
300 _axiii, 78 pages :
_billustrations ;
_c28 cm
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
337 _aunmediated
_bn
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
338 _avolume
_bnc
_2rdacarrier
490 1 _aA RAND note ;
_v2945
500 _a"This research was conducted within RAND's International Economic Policy Program. ... under the auspices of the National Defense Research Institute"--Preface.
504 _aIncludes bibliographical references (p. 77-78).
520 _aThis Note develops three small aggregate models of growth in China. Each of these models is designed to highlight different aspects of China's growth prospects. Model I is a simple capital accumulation model that calculates the rates of population growth, capital formation through savings, and technological progress necessary to meet the economic goals of the Chinese leadership. Model II examines the interactions between the rural and urban sectors of the Chinese economy. The model includes an agricultural sector, a rural manufacturing sector, and an urban manufacturing sector. Model III examines the roles of foreign borrowing and the military sector in economic growth. The models are built with minimal reliance on the reliability, quality, and consistency over time of Chinese economic statistics. The models suggest that sectoral shifts, capital inflows, and military spending are unlikely to change China's economic prospects. Savings and technological progress remain the primary instruments of growth for capital accumulation.
530 _aAlso available on the internet via WWW in PDF format.
588 _aDescription based on print version record.
651 0 _aChina
_xEconomic conditions
_y1976-2000
_xEconometric models.
651 0 _aChina
_xEconomic policy
_y1976-2000
_xEconometric models.
710 2 _aRand Corporation.
710 2 _aNational Defense Research Institute (U.S.).
_bInternational Economic Policy Program.
710 1 _aUnited States.
_bDepartment of Defense.
_bDirector of Net Assessment.
830 0 _aRand note ;
_v2945.
856 4 1 _yOnline Access
_uhttp://www.rand.org/pubs/notes/N2945/
999 _c598763
_d598763