Is China over-investing and does it matter? [[electronic resource] /] / Il Houng Lee, Murtaza Syed, and Liu Xueyan |
Autore | Lee Il Houng |
Pubbl/distr/stampa | Washington, D.C., : International Monetary Fund, 2012 |
Descrizione fisica | 1 online resource (23 p.) |
Altri autori (Persone) |
SyedMurtaza <1975->
LiuXueyan |
Collana | IMF working paper |
Soggetto topico |
Investments, Chinese - Econometric models
Economic development - China - Econometric models |
Soggetto genere / forma | Electronic books. |
ISBN |
1-61635-791-6
1-4755-9471-2 1-283-94781-1 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; Figure; Figure 1. Gross Capital Formation, in percent GDP; II. Investment in China: Literature Review; III. Neoclassical Model Approach; Figure 2. Capital- and Investment-to-Output Ratio; Figure 3a. Growth and Capital-to-Output Ratio; Figure 3b. Growth and Investment-to-Output Ratio; IV. A Theoretical Framework of Optimal Investment; Figure 4a. Capital- and Investment-to-Output Ratio; Figure 4b. Capital- and Investment-to-Output Ratio; Figure 5a. Contribution of Investment to GDP growth; Figure 5b. Contribution to Growth (in percent of total)
Figure 6. Production Function V. What Can Aggregate Cross-Country Data Tell Us?; Table; Table 1. Investment Equations 1/ 2/; Figure 7. China: Investment-to-GDP; Table 2. Probit: Probability of crisis; Table 3. Evolution of variables in the lead-up to crisis (5-years); VI. Estimating the Hidden Costs of China's Investment; Figure 9. Profit Margin and Credit allocation between LCs and SMEs; Figure 10. Resource transfers and dead weight loss; Figure 11. Estimated Amount of Resource Transfer from Households to Large Corporate (In percent of GDP); VII. Conclusion; Data Appendix; References |
Record Nr. | UNINA-9910453124403321 |
Lee Il Houng | ||
Washington, D.C., : International Monetary Fund, 2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Is China Over-Investing and Does it Matter? / / Il Lee, Murtaza Syed, Liu Xueyan |
Autore | Lee Il |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (23 p.) |
Altri autori (Persone) |
SyedMurtaza
XueyanLiu |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Investments, Chinese - Econometric models
Economic development - China - Econometric models Banks and Banking Finance: General Macroeconomics Money and Monetary Policy Industries: Financial Services Investment Capital Intangible Capital Capacity Welfare Economics: General Intertemporal Consumer Choice Life Cycle Models and Saving Banks Depository Institutions Micro Finance Institutions Mortgages Macroeconomics: Consumption Saving Wealth General Financial Markets: General (includes Measurement and Data) Interest Rates: Determination, Term Structure, and Effects Monetary Policy, Central Banking, and the Supply of Money and Credit: General Financial Institutions and Services: General Finance Monetary economics Consumption Emerging and frontier financial markets Real interest rates Credit Financial sector Financial markets National accounts Financial services Money Economic sectors Financial services industry Economics Interest rates |
ISBN |
1-61635-791-6
1-4755-9471-2 1-283-94781-1 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; Figure; Figure 1. Gross Capital Formation, in percent GDP; II. Investment in China: Literature Review; III. Neoclassical Model Approach; Figure 2. Capital- and Investment-to-Output Ratio; Figure 3a. Growth and Capital-to-Output Ratio; Figure 3b. Growth and Investment-to-Output Ratio; IV. A Theoretical Framework of Optimal Investment; Figure 4a. Capital- and Investment-to-Output Ratio; Figure 4b. Capital- and Investment-to-Output Ratio; Figure 5a. Contribution of Investment to GDP growth; Figure 5b. Contribution to Growth (in percent of total)
Figure 6. Production Function V. What Can Aggregate Cross-Country Data Tell Us?; Table; Table 1. Investment Equations 1/ 2/; Figure 7. China: Investment-to-GDP; Table 2. Probit: Probability of crisis; Table 3. Evolution of variables in the lead-up to crisis (5-years); VI. Estimating the Hidden Costs of China's Investment; Figure 9. Profit Margin and Credit allocation between LCs and SMEs; Figure 10. Resource transfers and dead weight loss; Figure 11. Estimated Amount of Resource Transfer from Households to Large Corporate (In percent of GDP); VII. Conclusion; Data Appendix; References |
Record Nr. | UNINA-9910779593603321 |
Lee Il | ||
Washington, D.C. : , : International Monetary Fund, , 2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Is China Over-Investing and Does it Matter? / / Il Lee, Murtaza Syed, Liu Xueyan |
Autore | Lee Il |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (23 p.) |
Disciplina | 346.73052 |
Altri autori (Persone) |
SyedMurtaza
XueyanLiu |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Investments, Chinese - Econometric models
Economic development - China - Econometric models Banks and Banking Finance: General Macroeconomics Money and Monetary Policy Industries: Financial Services Investment Capital Intangible Capital Capacity Welfare Economics: General Intertemporal Consumer Choice Life Cycle Models and Saving Banks Depository Institutions Micro Finance Institutions Mortgages Macroeconomics: Consumption Saving Wealth General Financial Markets: General (includes Measurement and Data) Interest Rates: Determination, Term Structure, and Effects Monetary Policy, Central Banking, and the Supply of Money and Credit: General Financial Institutions and Services: General Finance Monetary economics Consumption Emerging and frontier financial markets Real interest rates Credit Financial sector Financial markets National accounts Financial services Money Economic sectors Financial services industry Economics Interest rates |
ISBN |
1-61635-791-6
1-4755-9471-2 1-283-94781-1 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; Figure; Figure 1. Gross Capital Formation, in percent GDP; II. Investment in China: Literature Review; III. Neoclassical Model Approach; Figure 2. Capital- and Investment-to-Output Ratio; Figure 3a. Growth and Capital-to-Output Ratio; Figure 3b. Growth and Investment-to-Output Ratio; IV. A Theoretical Framework of Optimal Investment; Figure 4a. Capital- and Investment-to-Output Ratio; Figure 4b. Capital- and Investment-to-Output Ratio; Figure 5a. Contribution of Investment to GDP growth; Figure 5b. Contribution to Growth (in percent of total)
Figure 6. Production Function V. What Can Aggregate Cross-Country Data Tell Us?; Table; Table 1. Investment Equations 1/ 2/; Figure 7. China: Investment-to-GDP; Table 2. Probit: Probability of crisis; Table 3. Evolution of variables in the lead-up to crisis (5-years); VI. Estimating the Hidden Costs of China's Investment; Figure 9. Profit Margin and Credit allocation between LCs and SMEs; Figure 10. Resource transfers and dead weight loss; Figure 11. Estimated Amount of Resource Transfer from Households to Large Corporate (In percent of GDP); VII. Conclusion; Data Appendix; References |
Record Nr. | UNINA-9910826706903321 |
Lee Il | ||
Washington, D.C. : , : International Monetary Fund, , 2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Real and financial linkages in China and India / / Jahangir Aziz ; authorized for distribution by Steven Dunaway |
Autore | Aziz Jahangir |
Pubbl/distr/stampa | [Washington, District of Columbia] : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (38 p.) |
Disciplina | 338.951 |
Altri autori (Persone) | DunawaySteven Vincent |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Economic development - China - Econometric models
Economic development - India - Econometric models Finance - China - Econometric models Finance - India - Econometric models |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-1948-3
1-4527-0469-4 1-4518-6956-8 9786612840500 1-282-84050-9 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. China and India's Recent Growth Experience; III. China and India's Economy as a Neoclassical Growth Model; Figures; 1. China and India: GDP Growth Rate; 2. Changes in GDP Components: 1990-2005; IV. Calibrating the Growth Model; 3. China: Growth Accounting; 4. China and India: Labor Productivity; 5. India: Growth Accounting; V. Semulating the Solow Growth Model; 6. China: Simulation with Efficiency Wedge; 7. China Simulation with Efficiency and Government Wedges; 8. India: Simulation with Efficiency and Government Wedges; VI. Investment Wedge
9. China: Derived Investment Wedge 10. India: Derived Investment Wedge; 11. China: Simulation with Efficiency, Government and Investment Wedges; 12. India: Simulation with Efficiency, Government and Investment Wedges; VII. Interpreting Investment Wedges as Financial Frictions; A. China's Nonperforming Loans; 13. China: Derived Cumulative Capital Wedge; 14. China: Average Effective Tax Rate; Table; 1. China: Official Estimate of NPLs Created at End-2004; B. Borrowing Constraints and Bank Reform in China; 15. China: Domestic Savings by Sectors; 16. China: Short-Term Bank Loan 17. China: Simulation with Borrowing Constraint C. Self-Insurance Against Administrative Controls; D. Financial Sector Reforms in India; 18. Effective Gross Capital Income Tax Rate; 19. India: CRR and SLR; 20. India: Domestic Savings; 21. India: Simulation with SLR; VIII. Conclusions; 22. India: Simulation with SLR and CRR; 23. India: Simulating Policy Change; 24. China: Simulating Policy Change; References |
Record Nr. | UNINA-9910464020703321 |
Aziz Jahangir | ||
[Washington, District of Columbia] : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Real and Financial Sector Linkages in China and India / / Jahangir Aziz |
Autore | Aziz Jahangir |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (38 p.) |
Disciplina | 338.951 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Economic development - China - Econometric models
Economic development - India - Econometric models Finance - China - Econometric models Finance - India - Econometric models Finance: General Macroeconomics Money and Monetary Policy Taxation Industries: Financial Services Macroeconomics: Consumption Saving Wealth Personal Income and Other Nonbusiness Taxes and Subsidies Financial Markets and the Macroeconomy Banks Depository Institutions Micro Finance Institutions Mortgages Monetary Policy, Central Banking, and the Supply of Money and Credit: General Finance Public finance & taxation Monetary economics Consumption Capital income tax Financial sector development Nonperforming loans Bank credit Economics Income tax Financial services industry Loans Credit |
ISBN |
1-4623-1948-3
1-4527-0469-4 1-4518-6956-8 9786612840500 1-282-84050-9 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. China and India's Recent Growth Experience; III. China and India's Economy as a Neoclassical Growth Model; Figures; 1. China and India: GDP Growth Rate; 2. Changes in GDP Components: 1990-2005; IV. Calibrating the Growth Model; 3. China: Growth Accounting; 4. China and India: Labor Productivity; 5. India: Growth Accounting; V. Semulating the Solow Growth Model; 6. China: Simulation with Efficiency Wedge; 7. China Simulation with Efficiency and Government Wedges; 8. India: Simulation with Efficiency and Government Wedges; VI. Investment Wedge
9. China: Derived Investment Wedge 10. India: Derived Investment Wedge; 11. China: Simulation with Efficiency, Government and Investment Wedges; 12. India: Simulation with Efficiency, Government and Investment Wedges; VII. Interpreting Investment Wedges as Financial Frictions; A. China's Nonperforming Loans; 13. China: Derived Cumulative Capital Wedge; 14. China: Average Effective Tax Rate; Table; 1. China: Official Estimate of NPLs Created at End-2004; B. Borrowing Constraints and Bank Reform in China; 15. China: Domestic Savings by Sectors; 16. China: Short-Term Bank Loan 17. China: Simulation with Borrowing Constraint C. Self-Insurance Against Administrative Controls; D. Financial Sector Reforms in India; 18. Effective Gross Capital Income Tax Rate; 19. India: CRR and SLR; 20. India: Domestic Savings; 21. India: Simulation with SLR; VIII. Conclusions; 22. India: Simulation with SLR and CRR; 23. India: Simulating Policy Change; 24. China: Simulating Policy Change; References |
Record Nr. | UNINA-9910788240003321 |
Aziz Jahangir | ||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Real and Financial Sector Linkages in China and India / / Jahangir Aziz |
Autore | Aziz Jahangir |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (38 p.) |
Disciplina | 338.951 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Economic development - China - Econometric models
Economic development - India - Econometric models Finance - China - Econometric models Finance - India - Econometric models Finance: General Macroeconomics Money and Monetary Policy Taxation Industries: Financial Services Macroeconomics: Consumption Saving Wealth Personal Income and Other Nonbusiness Taxes and Subsidies Financial Markets and the Macroeconomy Banks Depository Institutions Micro Finance Institutions Mortgages Monetary Policy, Central Banking, and the Supply of Money and Credit: General Finance Public finance & taxation Monetary economics Consumption Capital income tax Financial sector development Nonperforming loans Bank credit Economics Income tax Financial services industry Loans Credit |
ISBN |
1-4623-1948-3
1-4527-0469-4 1-4518-6956-8 9786612840500 1-282-84050-9 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. China and India's Recent Growth Experience; III. China and India's Economy as a Neoclassical Growth Model; Figures; 1. China and India: GDP Growth Rate; 2. Changes in GDP Components: 1990-2005; IV. Calibrating the Growth Model; 3. China: Growth Accounting; 4. China and India: Labor Productivity; 5. India: Growth Accounting; V. Semulating the Solow Growth Model; 6. China: Simulation with Efficiency Wedge; 7. China Simulation with Efficiency and Government Wedges; 8. India: Simulation with Efficiency and Government Wedges; VI. Investment Wedge
9. China: Derived Investment Wedge 10. India: Derived Investment Wedge; 11. China: Simulation with Efficiency, Government and Investment Wedges; 12. India: Simulation with Efficiency, Government and Investment Wedges; VII. Interpreting Investment Wedges as Financial Frictions; A. China's Nonperforming Loans; 13. China: Derived Cumulative Capital Wedge; 14. China: Average Effective Tax Rate; Table; 1. China: Official Estimate of NPLs Created at End-2004; B. Borrowing Constraints and Bank Reform in China; 15. China: Domestic Savings by Sectors; 16. China: Short-Term Bank Loan 17. China: Simulation with Borrowing Constraint C. Self-Insurance Against Administrative Controls; D. Financial Sector Reforms in India; 18. Effective Gross Capital Income Tax Rate; 19. India: CRR and SLR; 20. India: Domestic Savings; 21. India: Simulation with SLR; VIII. Conclusions; 22. India: Simulation with SLR and CRR; 23. India: Simulating Policy Change; 24. China: Simulating Policy Change; References |
Record Nr. | UNINA-9910820698803321 |
Aziz Jahangir | ||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Real model of transitional growth and competitiveness in China [[electronic resource] /] / prepared by Leslie Lipschitz, Céline Rochon and Geneviève Verdier |
Autore | Lipschitz Leslie |
Pubbl/distr/stampa | [Washington, D.C.?], : International Monetary Fund, 2008 |
Descrizione fisica | 1 online resource (36 p.) |
Altri autori (Persone) |
RochonCéline <1972->
VerdierGeneviève <1973-> |
Collana | IMF working paper |
Soggetto topico |
Economic development - China - Econometric models
Investments, Foreign - China - Econometric models |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-1746-4
1-4527-8440-X 1-4518-6960-6 9786612840548 1-282-84054-1 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Stylized Facts; III. Model; A. Households; B. Firms; C. Exogenous Shocks; D. Equilibrium; IV. Results; A. Calibration; B. Impulse Response Functions; C. Simulation; D. Transition to Steady State; V. Conclusion; Tables; 1. National Saving Rate, 2006; 2. Relative Hourly Wage in Manufacturing, Selected Economies, 2002; 3. Income of Urban and Rural Households and the Urban-Rural Gap (RMB); 4. Summary Indicators of Saving and Investment; Figures; 1. Net Capital Flows into China; 2. Saving and Investment; 3. Productivity Shock; 4. Foreign Interest Rate Schock
5. Foreign Output Shock 6. Transition to Steady State when 10/l* = z0/z* = 0.9; 5. Convergence and Transition Half Life α = 1; 6. Convergence and Transition Half Life α = 1; 7. Simulation Results; References; Appendix |
Record Nr. | UNINA-9910464019903321 |
Lipschitz Leslie | ||
[Washington, D.C.?], : International Monetary Fund, 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
A Real Model of Transitional Growth and Competitiveness in China / / Leslie Lipschitz, Genevieve Verdier, Celine Rochon |
Autore | Lipschitz Leslie |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (36 p.) |
Altri autori (Persone) |
VerdierGenevieve
RochonCeline |
Collana | IMF Working Papers |
Soggetto topico |
Economic development - China - Econometric models
Investments, Foreign - China - Econometric models Exports and Imports Labor Macroeconomics Labor Economics: General Wages, Compensation, and Labor Costs: General Geographic Labor Mobility Immigrant Workers International Investment Long-term Capital Movements Aggregate Factor Income Distribution Labour income economics Finance Wages Labor mobility Foreign direct investment Income Labor economics Investments, Foreign |
ISBN |
1-4623-1746-4
1-4527-8440-X 1-4518-6960-6 9786612840548 1-282-84054-1 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Stylized Facts; III. Model; A. Households; B. Firms; C. Exogenous Shocks; D. Equilibrium; IV. Results; A. Calibration; B. Impulse Response Functions; C. Simulation; D. Transition to Steady State; V. Conclusion; Tables; 1. National Saving Rate, 2006; 2. Relative Hourly Wage in Manufacturing, Selected Economies, 2002; 3. Income of Urban and Rural Households and the Urban-Rural Gap (RMB); 4. Summary Indicators of Saving and Investment; Figures; 1. Net Capital Flows into China; 2. Saving and Investment; 3. Productivity Shock; 4. Foreign Interest Rate Schock
5. Foreign Output Shock 6. Transition to Steady State when 10/l* = z0/z* = 0.9; 5. Convergence and Transition Half Life α = 1; 6. Convergence and Transition Half Life α = 1; 7. Simulation Results; References; Appendix |
Record Nr. | UNINA-9910788239903321 |
Lipschitz Leslie | ||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
A Real Model of Transitional Growth and Competitiveness in China / / Leslie Lipschitz, Genevieve Verdier, Celine Rochon |
Autore | Lipschitz Leslie |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (36 p.) |
Disciplina | 338.28394 |
Altri autori (Persone) |
VerdierGenevieve
RochonCeline |
Collana | IMF Working Papers |
Soggetto topico |
Economic development - China - Econometric models
Investments, Foreign - China - Econometric models Exports and Imports Labor Macroeconomics Labor Economics: General Wages, Compensation, and Labor Costs: General Geographic Labor Mobility Immigrant Workers International Investment Long-term Capital Movements Aggregate Factor Income Distribution Labour income economics Finance Wages Labor mobility Foreign direct investment Income Labor economics Investments, Foreign |
ISBN |
1-4623-1746-4
1-4527-8440-X 1-4518-6960-6 9786612840548 1-282-84054-1 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Stylized Facts; III. Model; A. Households; B. Firms; C. Exogenous Shocks; D. Equilibrium; IV. Results; A. Calibration; B. Impulse Response Functions; C. Simulation; D. Transition to Steady State; V. Conclusion; Tables; 1. National Saving Rate, 2006; 2. Relative Hourly Wage in Manufacturing, Selected Economies, 2002; 3. Income of Urban and Rural Households and the Urban-Rural Gap (RMB); 4. Summary Indicators of Saving and Investment; Figures; 1. Net Capital Flows into China; 2. Saving and Investment; 3. Productivity Shock; 4. Foreign Interest Rate Schock
5. Foreign Output Shock 6. Transition to Steady State when 10/l* = z0/z* = 0.9; 5. Convergence and Transition Half Life α = 1; 6. Convergence and Transition Half Life α = 1; 7. Simulation Results; References; Appendix |
Record Nr. | UNINA-9910818880903321 |
Lipschitz Leslie | ||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|