Font Size: a A A

Chiina Across The "Middle Income Trap" Research

Posted on:2016-05-17Degree:MasterType:Thesis
Country:ChinaCandidate:X J ChengFull Text:PDF
GTID:2309330470968457Subject:Western economies
Abstract/Summary:PDF Full Text Request
"Middle-income trap" to describe is a kind of phenomenon, when economies enter high school, such as income from lower middle-income stage stage, due to the specific impact or the influence of internal and external reasons, the original economic policy and growth mechanism is unable to support its continued development, to a higher level, so that the economy into a slow growth or stagnant.1978 keep China since the reform and opening up 30 years of rapid growth, in 2010 China overtook Japan to become the world’s second largest economy, per capita gross national product of more than $4125, the country into high school, such as income levels. The accompany of the growing problem of China’s rapid economic growth, these problems are intertwined together, to a great extent, increased the Chinese across the difficulty of the "middle-income trap".This article mainly to the theory of economic growth and economic development theory and the theory of comparative advantage, comparative analysis, in combination with quantitative analysis and qualitative analysis, normative analysis and empirical analysis method of combining the industrial structure upgrading of the drive economic growth through case study analysis of China’s ability to clear the "middle-income trap". First of all, from the analysis on the present situation of China’s industrial structure, the specific summing up the process and results of China’s industrial structure evolution and the characteristics of China’s industrial structure upgrade. Secondly, based on China:an empirical study of relationship between economic growth and upgrading of industrial structure and make it with success into higher income levels and into a "middle-income trap" samples of the country’s industrial structure’ upgrade and economic growth relationship comparing the results of empirical analysis, and thus concluded that China across the "middle-income trap" and the possibility of risk. China as a world power, can realize the sustainable development of economy and smooth across the "middle-income trap", will affect the expectations of some countries in the world economy development trend, at the same time to other countries, especially for smooth across southeast Asia developing countries "middle-income trap" provide confidence as well as practical experience to draw upon.In this paper, and across the "middle-income trap" of the country’s industrial structure upgrade and economic growth relationship of empirical research on comparative analysis the situation in China, the following conclusions. First, successful across the "middle-income trap" national industrial structure rationally and highly level from entering higher income levels are high, and its relationship with economic growth is a significant positive correlation. Second, into a "middle-income trap" national industrial structure rationalization and highly level since entering the higher income level is not harmonious, the effect on the economic growth of the low level of only one is significantly positively related to higher levels of influence on economic growth is not significant even negative significant. Third, China’s result and into a "middle-income trap" is similar to countries, the influence of the industrial structure rationalization level for economic growth is positive, deepening levels for the impact of economic growth is not significant. In contrast the upgrading of industrial structure and economic growth, on the basis of empirical analysis of the relationship between Chinese across the "middle-income trap" is given. First, form match the industrial structure rationalization of industrial structure in Japan, not to blindly pursue industrial structure in Japan, cause the risk of economic system, which makes China into a "middle-income trap". Second, the level of rationalization of industrial structure and industrial structure in Japan should be coordinated development, the industrial structure rationally and highly level of influence on economic growth are positively significant.
Keywords/Search Tags:middle-income trap, Industrial structure rationalization, industrial structure supererogation, economic growth
PDF Full Text Request
Related items