Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/122091
Authors: 
Albala-Bertrand, Jose-Miguel
Year of Publication: 
2015
Series/Report no.: 
Working Paper, School of Economics and Finance, Queen Mary, University of London 754
Abstract: 
The aim of this paper is to learn about some patterns of sectoral and industrial structural change of the Chinese economy over the 1995-2010 period. To such a purpose, we set up a quantitative methodology via input-output modelling, which allows us to decompose gross output into some key demand sources or contributions. It can be shown that the trajectory of the main structural patterns over the period were both not smooth and pretty unbalanced and that they generally responded to both domestic policy and international shocks. Export demand and heavy industry appeared to be the main engines of the economy, which showed massive increases in their share of output, at the expense of domestic demand, services and agriculture. Despite the high growth rates over this period, the Chinese economy seemed to be in need of rebalancing. There is however some indication towards the end of our period that the economy was starting to go that way.
Subjects: 
China
Industrial structural change
Input-output decomposition
Trajectories over 1995-2010
JEL: 
L16
O4
B4
E2
Document Type: 
Working Paper

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