The new evidence of China’s economic downturn: From structural bonus to structural imbalance

• Published in: PloS one Vol. 16; no. 9; p. e0257456
• Main Authors: Chen, Yimin, Liu, Yulin, Fang, Xin
• Format: Journal Article
• Language: English
• Published: United States Public Library of Science 23.09.2021; Public Library of Science (PLoS)
• Subjects: Biology and Life Sciences; China; Consumption; Earth Sciences; Economic analysis; Economic Development; Economic growth; Economic models; Economic reform; Economic stabilization; Economic structure; Economics; Evaluation; Growth models; Humans; Hypotheses; Impact analysis; Income; Income distribution; International trade; Low income groups; Models, Economic; Optimization; People and Places; Population structure; Rural Population; Social Sciences; Society; Transformation; Transformations; Urbanization; China; Hawaii; United States > US

The slowdown of China’s economic growth in the middle-income stage has caused widespread concerns. Based on the analysis of economic structures to explain the downward trend of economic growth, this study expanded the Solow-Swan model to investigate the structural imbalances and evaluated their impa...