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Crescimento econômico de longo prazo: um olhar descritivo e empírico sobre a China

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  • Diogo Del Fiori

    (Universidade Federal do Rio Grande do Sul (UFRGS))

Abstract

A modeling tool using the econometric cointegration showed a long­term re­lationship between GDP per capita and the variables that were consequences of institutional changes promoted by the China, such as education and gross physi­cal capital. To reinforce this argument, this study used mathematical tools, using the Solow model and the software MATLAB to find the point of steady­state of the Chinese economy and thus show consistent long­term growth of the country. Thus, empirical analysis shows that China’s economic growth was the result not only of the flow of foreign investments and currency devaluation but also a result of extensive internal reform, which was not necessarily characterized as an esta­blishment of institutions similar to those of capitalist countries.

Suggested Citation

  • Diogo Del Fiori, 2011. "Crescimento econômico de longo prazo: um olhar descritivo e empírico sobre a China," Revista de Economia Mackenzie (REM), Mackenzie Presbyterian University, Social and Applied Sciences Center, vol. 9(1), pages 36-69, january-a.
  • Handle: RePEc:aft:journl:v:9:1:2011:jan:apr:p:36-69
    DOI: -
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    Keywords

    China; Growth; Reforms.;
    All these keywords.

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