Structural analysis of economic growth in China: international comparison context

Purpose of this research is to conduct a structural analysis of the Chinese economic growth in comparison with the United States, Germany, Japan, and Russia, as well as to identify features of its structural dynamics and macroeconomic policy.

Рубрика Экономика и экономическая теория
Вид статья
Язык английский
Дата добавления 15.06.2021
Размер файла 5,9 M

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Appendix

Fig. 1. Structural dynamics of Russia's GDP, 2003-2017

Based on: Federal State Statistic Service. URL: http://www.gks.ru/wps/wcm/connect/ rosstat_main/rosstat/ru/statistics/accounts/ (accessed: 25.02.2019).

Fig. 2. Structural dynamics of the US GDP, 2000-2017 B a s e d o n: Central Intelligence Agency. URL: https://www.cia.gov/library/publications/the-world-factbook/ (accessed: 25.02.2019).

Fig. 3. Structural dynamics of Germany's GDP, 2000-2017

Based on: Federal Statistical Office (Destatis). URL: https://www.destatis.de/EN/Home/_node.html (accessed: 25.02.2019).

Fig. 4. Structural dynamics of Japan's GDP, 2000-2017

Based on: Statistics Japan. URL: https://www.stat.go.jp/ english/data/index.html (accessed: 25.02.2019).

Fig. 5. Structural dynamics of China's GDP, 2000-2017

Based on: National Bureau of Statistics of China. URL: https://www.stat.go.jp/english/data/index. html (accessed: 25.02

Fig. 6. Deviation of the actual from calculated rate of GDP growth, %

Based on: Federal State Statistic Service. URL: http://www.gks.ru/wps/wcm/connect/rosstat_ main/rosstat/ru/statistics/accounts/ (accessed: 28.02.2019); Russian National Bureau of Statistics of China. URL: https://www.stat.go.jp/english/data/index.html (accessed: 28.02.2019); Central Intelligence Agency. URL: https://www.cia.gov/library/publications/the-world-factbook/ (accessed: 28.02.2019); Federal Statistical Office (Destatis). URL: https://www.destatis.de/EN/Home/_node.html (accessed: 28.02.2019); Statistics Japan. URL: https://www.stat.go.jp/english/data/index.html (accessed: 28.02.2019).

Fig. 7. Contribution of sectors to the GDP growth rate in Russia, 2004-2018 Based on: Federal State Statistic Service. URL: http://www.gks.ru/wps/wcm/connect/rosstat main/rosstat/ru/statistics/accounts/ (accessed: 27.02.2019).

Fig. 8. Contribution of sectors to the GDP growth rate in USA, 2000-2016 Based on: Central Intelligence Agency. URL: https://www.cia.gov/library/publications/ the-world-factbook/ (accessed: 27.02.2019).

Fig. 9. Sectoral contribution to GDP dynamics of Germany, 2000-2017

Based on: Federal Statistical Office (Destatis). URL: https://www.destatis.de/EN/Home/_node. html (accessed: 27.02.2019).

Fig. 10. Sectoral contribution to GDP dynamics of Japan, 2000-2016

Based on: Statistics Japan. URL: https://www.stat.go.jp/ english/data/index.html (accessed: 27.02.2019).

Fig. 11. Sectoral contribution to the dynamics of China's GDP, 2000-2017 B a s e d o n: National Bureau of Statistics of China. URL: https://www.stat.go.jp/english/data/index.html (accessed: 27.02.2019).

Fig.12. M2 and GDP in China, 2000-2017 N o t e s: there is no residual autocorrelation in the regressions (Durbin-Watson statistic: D - Wcalcul. ?[1.53; 2.47] = 1.53 (left) and 1.78 (right)), heteroskedasticity (White test: ч c2alculated . (2.15 (left) and 1.98 (right) < ч c2ritical . (3.84). F-test and Student t-test are fulfilled. B a s e d o n: IMF World Economic Outlook Database. URL: https://www.imf.org/external/ pubs/ft/weo/2019/01/weodata/index.aspx (accessed: 20.02.2019).

Fig. 13. Inflation and GDP in China, 2000-2017 B a s e d o n : IMF World Economic Outlook Database. URL: https://www.imf.org/external/pubs/ft/ weo/2019/01/weodata/index.aspx (accessed: 20.02. 2019).

Fig. 14. Influence of inflation on GDP in China (a) and Russia (b)

Based on: IMF World Economic Outlook Database. URL: https://www.imf.org/external/pubs/ft/ weo/2019/01/weodata/index.aspx (accessed: 20.02.2019).

Fig. 15. Influence of inflation on employment in China (a) and Russia (b)

Based on: IMF World Economic Outlook Database. URL: https://www.imf.org/external/pubs/ ft/weo/2019/01/weodata/index.aspx (accessed: 20.02.2019).

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