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Study On The Macroeconomic Regulatic Model Of Disequilibrium Economic Grouth And Its Implications

Posted on:2006-11-27Degree:DoctorType:Dissertation
Country:ChinaCandidate:L HuangFull Text:PDF
GTID:1119360185486705Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
China is undergoing a transformation from a traditional planned economy to a market economy. The transition process is featured by high economic growth. China has made huge progress in boosting its economic growth. The case of China provides many new interesting topics for economic growth research. This paper focuses on some important macroeconomic regulate model and apply during the transition from the command economy to the market economy.As we have known, aggregate economic growth is always accompanied by dramatic structural changes. with the increasing per capita GDP, there are a series of structural changes in the domestic demand, trade and factors input. Since China opened to the world, both aggregate economy and per capita GNP have attained very considerable. improvement. China has finished its preparation for industrialization, which means that China has been in the track of industrialization and high economitc growth. At the same time, firms, who got some operation independence and become profit-motivated, has begun to endeavor to invest in those productive sectors complying with the consumption demand. it owes to the fact that in China, economic growth has been promoted more by market forces than by government behavior. The private investment has increased the production of many consumer goods quickly and improved the industrial structure.The pattern of economic growth, i.e. the major characteristic of the growth process, is different in different stages of economic development. During the command economy period, the central government was the general planner who made the development plan of the whole economy.
Keywords/Search Tags:disequilibrium, economic growth, macroeconomic regulate, model apply
PDF Full Text Request
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