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Global Spatial Linkage and China's Economic Growth

Received: 21 May 2018     Accepted: 14 June 2018     Published: 11 July 2018
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Abstract

In this paper, the sources of China's economic growth are decomposed from the perspective of global linkage. The conclusions include: (1) During the period of analysis, the forward linkage degree of China's economy increased while the backward linkage degree had not been promoted effectively; (2) China's economic dependence on Asia areas declined, while its dependence on North American and development countries increased. (3) In the past twenty years, the rapid growth of China's economy is the result of both internal and external factors. The positive impact of the changes in the global input-output structure on China's economy is mostly short-term and temporary. Finally, this paper puts forward the pertinent policy suggestions.

Published in International Journal of Business and Economics Research (Volume 7, Issue 3)
DOI 10.11648/j.ijber.20180703.11
Page(s) 42-54
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2018. Published by Science Publishing Group

Keywords

China’s Economic Growth, Global Linkage, Middle-Income Stage

References
[1] Solow, Robert M, 1957, "Technical change and the aggregate production function." The review of Economics and Statistics (1957): 312-320.
[2] Dong Minjie, Liang Yongmei, 2013: “The Source of China's Economic Growth from 1978 to 2010: A Nonparametric Decomposition Framework”, Economic Research Journal, No. 5.
[3] Shen Lisheng, 2009: “Evaluation of Pulling Movements of Three Carriages”, The Journal of Quantitative & Technical Economics, No. 4.
[4] Liu Ruixiang, An Tongliang, 2011: “The Power Source of China's Economic Growth and the Prospect of Transformation: An Analysis Based on the Final Demand”, Economic Research Journal, No. 7.
[5] Pan Wenqing, 2012: “The Spatial Spillover Effect of China's Regional Association and Economic Growth”, Economic Research Journal, No. 1.
[6] Li Jing, Chen Wei, Wan Guanghua, Fu Chenmei, 2014: “The Spatial linkageand Explanation of China's Regional Economic Growth and Its Explanation: Based on Network Analysis Method”, Economic Research Journal, No. 11.
[7] Kuwamori, Hiroshi and Okamoto, Nobulllro, 2007“Industrial Networks between China and the Countries of the Asia-Pacific Region”, IDE Discussion Paper, 2007, No. 110.
[8] Bo. Meng and Satoshi Inomata, “Production Networks and Spatial Economic Interdependence: An International Input Output Analysis of the Asia-Pacific Region”, Discussion Papers, No. 185.
[9] Pan Wenqing, 2015: “China's Regional Economic Development: An Analysis Based on Spatial Spillover Effect”, The Journal of World Economy, No. 7.
[10] Marcel P. Timmer, Abdul Azeez Erumban, Bart Los, Robert Stehrer and Gaaitzeh J. de Vries, 2014, “Slicing Up Global Value Chains”, Journal of Economic Perspectives, Volume 28. Number 2. Pages 99-118.
[11] Zhi Wang, Shang-jin Wei, Xinding Yu and Kunfu Zhu, 2017, “Measures of Participation in Global Value Chains and Global Business Cycles”, NBER working paper, No. 23222.
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  • APA Style

    Liu Ruixiang, Fan Jin, Yan Yingen. (2018). Global Spatial Linkage and China's Economic Growth. International Journal of Business and Economics Research, 7(3), 42-54. https://doi.org/10.11648/j.ijber.20180703.11

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    ACS Style

    Liu Ruixiang; Fan Jin; Yan Yingen. Global Spatial Linkage and China's Economic Growth. Int. J. Bus. Econ. Res. 2018, 7(3), 42-54. doi: 10.11648/j.ijber.20180703.11

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    AMA Style

    Liu Ruixiang, Fan Jin, Yan Yingen. Global Spatial Linkage and China's Economic Growth. Int J Bus Econ Res. 2018;7(3):42-54. doi: 10.11648/j.ijber.20180703.11

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  • @article{10.11648/j.ijber.20180703.11,
      author = {Liu Ruixiang and Fan Jin and Yan Yingen},
      title = {Global Spatial Linkage and China's Economic Growth},
      journal = {International Journal of Business and Economics Research},
      volume = {7},
      number = {3},
      pages = {42-54},
      doi = {10.11648/j.ijber.20180703.11},
      url = {https://doi.org/10.11648/j.ijber.20180703.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20180703.11},
      abstract = {In this paper, the sources of China's economic growth are decomposed from the perspective of global linkage. The conclusions include: (1) During the period of analysis, the forward linkage degree of China's economy increased while the backward linkage degree had not been promoted effectively; (2) China's economic dependence on Asia areas declined, while its dependence on North American and development countries increased. (3) In the past twenty years, the rapid growth of China's economy is the result of both internal and external factors. The positive impact of the changes in the global input-output structure on China's economy is mostly short-term and temporary. Finally, this paper puts forward the pertinent policy suggestions.},
     year = {2018}
    }
    

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    AU  - Fan Jin
    AU  - Yan Yingen
    Y1  - 2018/07/11
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    JO  - International Journal of Business and Economics Research
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    AB  - In this paper, the sources of China's economic growth are decomposed from the perspective of global linkage. The conclusions include: (1) During the period of analysis, the forward linkage degree of China's economy increased while the backward linkage degree had not been promoted effectively; (2) China's economic dependence on Asia areas declined, while its dependence on North American and development countries increased. (3) In the past twenty years, the rapid growth of China's economy is the result of both internal and external factors. The positive impact of the changes in the global input-output structure on China's economy is mostly short-term and temporary. Finally, this paper puts forward the pertinent policy suggestions.
    VL  - 7
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Author Information
  • Political and Economic Research Institute, Nanjing Audit University, Nanjing, China

  • Economic Development Research Center, Nanjing Forestry University, Nanjing, China

  • Political and Economic Research Institute, Nanjing Audit University, Nanjing, China

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