2004
DOI: 10.2139/ssrn.753571
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China: A Study of Dynamic Growth

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Cited by 13 publications
(14 citation statements)
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“…Most of the remainder is in machinery and equipment (Shane and Gale, 2004), mostly manufacturing; agriculture, which produces 15% of GDP, is getting only 2% of investment.…”
Section: Allocation and Utilization Of Capitalmentioning
confidence: 99%
See 1 more Smart Citation
“…Most of the remainder is in machinery and equipment (Shane and Gale, 2004), mostly manufacturing; agriculture, which produces 15% of GDP, is getting only 2% of investment.…”
Section: Allocation and Utilization Of Capitalmentioning
confidence: 99%
“…Foreign investment has increased, but still accounts for only about 5% of total investment (Shane and Gale, 2004). …”
Section: Allocation and Utilization Of Capitalmentioning
confidence: 99%
“…When families add new members to their household, a steady and oftentimes substantial income is required, something not readily available to Chinese families before 1978 (Angang et al, 2003;Yeung & Sung, 1996). In 1978, the per capita income for Chinese families living in urban regions was approximately 1,200 yuan (or US$9,800 after inflation) and approximately 500 yuan (or US$800 after inflation) in the rural areas (Shane & Gale, 2004). The 2003 per capita income for Chinese families living in urban and rural areas was 8,000 (US$64,000) and 2,000 yuan (US$16,000), respectively (Shane & Gale, 2004).…”
Section: Principle 2: Family Membership and Stabilitymentioning
confidence: 99%
“…According to Li and Piachaud (2004), the average income for rural residents in 2001 was 2,366 yuan (US$18,929) and 6,860 yuan (US$54,880) for urban residents. The average 2003 income for a rural family was 3,582.42 yuan (US$28,659.36) and 9,061.22 yuan (US$72,489.76) for an urban family (Angang et al, 2005), although some estimates of family income are lower (see Shane & Gale, 2004). Data suggest rural families make a substantial amount less than urban families, and the difference between the two groups is growing larger (Angang et al, 2005;Angresano, 2005;Fan, Fang, & Zhang, 2001).…”
Section: Principle 6: Support Of Vulnerable Familiesmentioning
confidence: 99%
“…At the same time, the share of investment increased from 37% in the 1980s to about 42% in 2007. In addition, Hu and Khan (1997) and Shane and Gale (2004) pointed out that China's open door policy led to a big capital inflow to China, driving technology transfer and strong export growth. Although foreign direct investment (FDI) becomes an important driver of economic growth in China, the distribution of FDI is very unequal across the regions (Graham and Wada 2001).…”
Section: Introductionmentioning
confidence: 99%