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Manufacturing, Increasing Returns and Economic Development in China, 1979-2004: A Kaldorian Approach

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  • Yongbok Jeon

Abstract

The aim of this study is to empirically test the validity of the Kaldorian approach to growth and development in China during its reform period of 1979-2004. In order to obtain robust results, both time-series and regional panel data formats are used. The present study finds from both data sets that the Kaldorian hypotheses about economic growth are valid in China during the reform period.

Suggested Citation

  • Yongbok Jeon, 2006. "Manufacturing, Increasing Returns and Economic Development in China, 1979-2004: A Kaldorian Approach," Working Paper Series, Department of Economics, University of Utah 2006_08, University of Utah, Department of Economics.
    • Handle: RePEc:uta:papers:2006_08
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    File URL: http://economics.utah.edu/research/publications/2006_08.pdf
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    Cited by:

    1. Yongbok Jeon & Tae Hwan Yoo, 2009. "Regional Growth and Income Inequality in China After 1978: A Spatial Econometric Approach," Korean Economic Review, Korean Economic Association, vol. 25, pages 105-131.
    2. Stephen Sheppard & Dan Zhao, 2016. "Regional Concentration of Industry in China: Decentralised Choices or a Central Plan?," Department of Economics Working Papers 2016-17, Department of Economics, Williams College.
    3. Tregenna, F., 2009. "Contracting Out of Service Activities and the Effects on Sectoral Employment Patterns in South Africa," Cambridge Working Papers in Economics 0906, Faculty of Economics, University of Cambridge.
    4. Dong Guo & Sandy Dall’erba & Julie Le Gallo, 2013. "The Leading Role of Manufacturing in China’s Regional Economic Growth," International Regional Science Review, , vol. 36(2), pages 139-166, April.
    5. Gisela Di Meglio & Jorge Gallego & Andrés Maroto & Maria Savona, 2015. "Services in Developing Economies: A new chance for catching-up?," SPRU Working Paper Series 2015-32, SPRU - Science Policy Research Unit, University of Sussex Business School.
    6. Bokosi, Fanwell Kenala, 2022. "The Effects of Industrialisation on Economic Growth: Panel data evidence for SADC countries," African Journal of Economic Review, African Journal of Economic Review, vol. 10(3), June.
    7. Baher Mohamed Atlam & Ahmed Ashour Soltan & Noha Mohey Mohamed, 2017. "The Impact of National Private Investment on Manufacturing in Egypt," International Journal of Economics and Financial Issues, Econjournals, vol. 7(1), pages 192-200.

    More about this item

    Keywords

    Economic growth in China; Kaldors Laws; increasing returns to scale; manufacturing industry;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory

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