An Analysis of Chinars Economic Downturn----From the Perspective of Neoclassical Economics

Le résumé fourni par la source

Since the financial crisis in 2008, China's economic growth has reached a turning point and there exists increasing pressure in China's economy due to its downward trend.From the perspective of neoclassical economics, and with the aid of Solow production function, this paper makes a comparison between the period of China's rapid economic growth and that of low speed growth, in an attempt to analyze the cause of the current economic downturn in China.The results indicate that the causes of the current economic downturn in China lie in the decline in capital remuneration, the disappearance of demographic dividend and the slow economic transition.

Ce résumé expose les affirmations des auteurs. BNTIC ne l’interprète pas comme une validation indépendante des résultats.