Global Spatial Linkage and China's Economic Growth
International Journal of Business and Economics Research
Volume 7, Issue 3, June 2018, Pages: 42-54
Received: May 21, 2018;
Accepted: Jun. 14, 2018;
Published: Jul. 11, 2018
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Liu Ruixiang, Political and Economic Research Institute, Nanjing Audit University, Nanjing, China
Fan Jin, Economic Development Research Center, Nanjing Forestry University, Nanjing, China
Yan Yingen, Political and Economic Research Institute, Nanjing Audit University, Nanjing, China
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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.
China’s Economic Growth, Global Linkage, Middle-Income Stage
To cite this article
Global Spatial Linkage and China's Economic Growth, International Journal of Business and Economics Research.
Vol. 7, No. 3,
2018, pp. 42-54.
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