English, Article, Journal or magazine article edition: CRESCIMENTO ECONÔMICO DE LONGO PRAZO NA CHINA: UMA INVESTIGAÇÃO ECONOMÉTRICA Flávio Vilela Vieira; Michele Polline Veríssimo

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Bookmark: http://trove.nla.gov.au/version/123152
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • CRESCIMENTO ECONÔMICO DE LONGO PRAZO NA CHINA: UMA INVESTIGAÇÃO ECONOMÉTRICA
Author
  • Flávio Vilela Vieira
  • Michele Polline Veríssimo
Physical Description
  • preprint
Notes
  • The main goal os this paper is to understand on theoretical and empirical grounds the main determinants of China´s long-run economic growth. The historical data analysis suggests a crucial role played by FDI and the exchange rate. The econometric analysis provides empirical support for the primary role played by the exchange rate in explaining China´s economic growth (1970 to 2003) followed by FDI, investment rate and trade opennesss. Exchange rate policy and regime seems to be a direct road to explain (past and future) economic growth in China and the conditions for increasing exchange rate flexibility, an almost sure path for the near future.
  • RePEc:anp:en2005:067
Language
  • English
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