CAPITAL FORMATION IN COMMUNIST CHINA.
Abstract
The paper examines the trends in capital formation in l952-59 and discusses implications suggested by the statistical findings. The term capital formation, or investment for short, is used in the conventional sense. Sections I-III deal with the rate of investment, the structure of investment by types of capital goods, and the pattern of allocation of fixed investment by major economic sectors. To provide a gauge for appraisal of the data, the results are compared with the corresponding estimates for China in 1931-36 and with selected countries in the postwar period. Section IV discusses preliminary observations on investment and growth in Communist China in the 1950s. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 01, 1966
- Accession Number
- AD0639129
Entities
People
- K. C. Yeh
Organizations
- RAND Corporation