China's New Sources of Economic Growth / / Ligang Song.

• VerfasserIn: Song, Ligang,
• Place / Publishing House: Acton, ACT : : ANU Press,, 2017.
• Year of Publication: 2017
• Language: English
• Physical Description: 1 online resource (494 pages)

China?s efforts in searching for new sources of growth are increasingly pressing given the persistence of the growth slowdown in recent years. This year?s book elucidates key present macroeconomic challenges facing China?s economy in 2017, and the impacts and readiness of human capital, innovation and technological change in affecting the development of China?s economy. The book explores the development of human capital as the foundations of China?s push into more advanced growth frontiers. It also explores the progress of productivity improvement in becoming the primary mechanism by which China can sustain economic growth, and explains the importance of China?s human capital investments to success on this front. The book demonstrates that technical change is a major contributor to productivity growth; and that invention and innovation are increasingly driving technical change but so far lumpily across regions, sectors and invention motivations. Included are chapters providing an update on reform and macroeconomic development, educational inequality, the role of intangibles in determining China?s economic growth, and China?s progress in transitioning towards being an innovative country. The book also covers the regional dimension of innovation and technological progress by sector: in agricultural productivity, renewable energy and financial markets. Chapters on trade, investment, regional cooperation and foreign aid explore further the mechanisms through which technological change and innovative activities are emerging locally and internationally.

Table of Contents

Volume 1. Reform, resources and climate change volume 2. Human capital, innovation and technological change. Vol. 1 (xxvi, 517 pages). China's New Sources of Economic Growth: A supply-side perspective / Ross Garnaut, Cai Fang, Ligang Song and Lauren Johnston Part I: Reform and Macroeconomic Development. Mostly Slow Progress on the New Model of Growth / Ross Garnaut New Urbanisation as a Driver of China's Growth / Cai Fang, Guo Zhenwei and Wang Meiyan Forecasting China's Economic Growth by 2020 and 2030 / Xiaolu Wang and Yixiao Zhou Accounting for the Industry Origin of China's Growth and Productivity Performance, 1980-2012 / Harry X. Wu Can the Internet Revolutionise Finance in China? / Yiping Huang, Yan Shen, Jingyi Wang and Feng Guo The Necessary Demand-Side Supplement to China's Supply-Side Structural Reform: Termination of the soft budget constraint / Wing Thye Woo Consumption and Savings of Migrant Households: 2008-14 / Xin Meng, Sen Xue and Jinjun Xue China as a Global Investor / David Dollar Getting Rich after Getting Old: China's demographic and economic transition in dynamic international context / Lauren Johnston, Xing Liu, Maorui Yang and Xiang Zhang Testing Bubbles: Exuberance and collapse in the Shanghai A-share stock market / Zhenya Liu, Danyuanni Han and Shixuan Wang Changing Patterns of Corporate Leverage in China: Evidence from listed companies / Ivan Roberts and Andrew Zurawski Part II: Resources, Energy, the Environment and Climate Change. Evaluating Low-Carbon City Development in China: Study of five national pilot cities / Biliang Hu, Jia Luo, Chunlai Chen and Bingqin Li Issues and Prospects for the Restructuring of China's Steel Industry / Haimin Liu and Ligang Song Divergent Industrial Water Withdrawal and Energy Consumption Trends in China: A decomposition and sectoral analysis / Can Wang and Xinzhu Zheng Beyond Trees: Restoration lessons from China's Loess Plateau / Kathleen Buckingham Policies and Measures to Transform China into a Low-carbon Economy / ZhongXiang Zhang Managing Economic Change and Mitigating Climate Change: China's strategies, policies and trends / Fergus Green and Nicholas Stern Issues in Greening China's Electricity Sector / Xiaoli Zhao Urban Density and Carbon Emissions in China / Jianxin Wu, Yanrui Wu and Xiumei Guo ; vol. 2 (xxvi, 468 pages). China's Path Towards New Growth: Drivers of Human Capital, Innovation and Technological Change / Ligang Song, Cai Fang and Lauren Johnston Part I: Reform and Macroeconomic Development. Reform Dividends to Sustain China's Economic Growth / Cai Fang and Xiaojing Zhang China's Macroeconomic Balancing Act: Shifting to New Drivers of Growth and Sustaining Financial Stability / Yiping Huang, Yan Shen and Qiuzi Fu Internal Convergence and China's Growth Potential / Yang Yao and Mengqi Wang Adjusting to the New Domestic Normal and the New International Normal: Supply-side Structural Reform 2.0 / Wing Thye Woo Part II: Education and Human Capital. Educating 'the Masses' in China: Unequal Opportunities and Unequal Outcomes / Jane Golley and Sherry Tao Kong Intangible Capital and China's Economic Growth: Evidence from Input-Output Tables / Shenglang Yang and Yixiao Zhou Part III: Innovation and Productivity. China's Transition to a More Innovative Economy: Progress and Challenges / Shang-Jin Wei, Zhuan Xie and Xiaobo Zhang Productivity, Innovation and China's Economic Growth / Yanrui Wu, Xiumei Guo and Dora Marinova Empirical Study of Regional Innovation Capability and Economic Convergence in China / Chaofeng Yang, Zhiyun Zhao and Zhijuan Zhang China's Patent Protection and Enterprise R & D Expenditure / Zhifeng Yin and Hao Mao Specialist Communities in China's Aerospace Technology and Innovation System: The Cultural Dimension / Alanna Krolikowski Part IV: Technological Change by Sectors. Mechanisation Outsourcing and Agricultural Productivity for Small Farms: Implications for Rural Land Reform in China / Yu Sheng, Ligang Song and Qing Yi Technological Progress in Developing Renewable Energies / Kejun Jiang The China Interbank Repo Market / Ross Kendall and Jonathan Lees Part V: Technologies with Trade and Investment. China's Evolving Role in Global Production Networks: Implications for Trump's Trade War / Prema-chandra Athukorala China's Overseas Direct Investment and Reverse Knowledge Spillovers / Chunlai Chen Promoting the Belt and Road Initiative by Strengthening '5 + 1' Cooperation / Biliang Hu, Qingjie Liu and Jiao Yan China's 'Innovative and Pragmatic' Foreign Aid: Shaped by and now Shaping Globalisation / Lauren Johnston and Marina Rudyak. Vol. 2 (xxvi, 468 pages). China's Path Towards New Growth: Drivers of Human Capital, Innovation and Technological Change / Ligang Song, Cai Fang and Lauren Johnston Part I: Reform and Macroeconomic Development. Reform Dividends to Sustain China's Economic Growth / Cai Fang and Xiaojing Zhang China's Macroeconomic Balancing Act: Shifting to New Drivers of Growth and Sustaining Financial Stability / Yiping Huang, Yan Shen and Qiuzi Fu Internal Convergence and China's Growth Potential / Yang Yao and Mengqi Wang Adjusting to the New Domestic Normal and the New International Normal: Supply-side Structural Reform 2.0 / Wing Thye Woo Part II: Education and Human Capital. Educating 'the Masses' in China: Unequal Opportunities and Unequal Outcomes / Jane Golley and Sherry Tao Kong Intangible Capital and China's Economic Growth: Evidence from Input-Output Tables / Shenglang Yang and Yixiao Zhou Part III: Innovation and Productivity. China's Transition to a More Innovative Economy: Progress and Challenges / Shang-Jin Wei, Zhuan Xie and Xiaobo Zhang Productivity, Innovation and China's Economic Growth / Yanrui Wu, Xiumei Guo and Dora Marinova Empirical Study of Regional Innovation Capability and Economic Convergence in China / Chaofeng Yang, Zhiyun Zhao and Zhijuan Zhang China's Patent Protection and Enterprise R & D Expenditure / Zhifeng Yin and Hao Mao Specialist Communities in China's Aerospace Technology and Innovation System: The Cultural Dimension / Alanna Krolikowski Part IV: Technological Change by Sectors. Mechanisation Outsourcing and Agricultural Productivity for Small Farms: Implications for Rural Land Reform in China / Yu Sheng, Ligang Song and Qing Yi Technological Progress in Developing Renewable Energies / Kejun Jiang The China Interbank Repo Market / Ross Kendall and Jonathan Lees Part V: Technologies with Trade and Investment. China's Evolving Role in Global Production Networks: Implications for Trump's Trade War / Prema-chandra Athukorala China's Overseas Direct Investment and Reverse Knowledge Spillovers / Chunlai Chen Promoting the Belt and Road Initiative by Strengthening '5 + 1' Cooperation / Biliang Hu, Qingjie Liu and Jiao Yan China's 'Innovative and Pragmatic' Foreign Aid: Shaped by and now Shaping Globalisation / Lauren Johnston and Marina Rudyak.