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9.8% of G & nbsp; D & nbsp; P only 0.2 percent growth rate from capital deepening,barbour pas cher, that is, each unit G & nbsp; D & nbsp; the amount of capital used in P, so this is not important. But between 2008 to 2011 on the very same capital-output ratio of 5 percent per year growth rate, brought about by G & nbsp; D & nbsp; P growth was 3 & nbsp; .8 percentage points. Correspondingly between 1979 to 2007, the annual growth rate of TFP is 3 & nbsp; .8 percentage points, bringing the G & nbsp; D & nbsp; P growth was 6.7 percentage points. After four years of growth in total factor is 2 & nbsp; .2 percentage points, bringing the G & nbsp; D & nbsp; P increase was 3.9 percent. That is to say, 28 years ago to improve the efficiency of particular importance in recent years behind the growth rate of investment is more important. This is very worrying, because the requirements of the unit G & nbsp; D & nbsp; capital amount of P per year to 5 percent growth rate, and finally there is no consumption of all the investment, which is impossible, so it is not sustainable . Only raise antitrust difficult to increase the proportion of income To improve the welfare of Chinese citizens, so that a greater proportion of consumption, to get the economy to continue to grow,basket nike tn pas cher, adjust income distribution, so that disposable income becomes higher proportion accounted for a very important aspect. Over the past few years, the Chinese unit G & nbsp; D & nbsp; P total capital increased rapidly. In addition to China,louboutin prix, in 2009 the world's 20 largest economies the average investment rate is less than half of China, China is 48%,nike air jordan pas cher, then 20 investment economies is probably around 23%. Judging from the rate of return, BaiChongEn estimates.
China is a very small economy,christian louboutin pas cher, that time can contribute to Japan, South Korea to learn,zanotti femme, engage export-oriented economy, and now can no longer do so, China's economy has a large amount to enough to affect international commodity level prices. So Chaser bonus are also at risk, in addition to China needs to learn from others, have their own innovations. The good news is that compared with 30 years ago, is now China's innovation capability is greatly enhanced,nike tn, and this is a very important Chinese economic development potential highlights. In their process of innovation, the large country is no longer a burden, but a bonus. There is, if China increase consumption rates, lower investment rates, could bring efficiency improvements, which also belongs to the category of total factor productivity. The following look at income distribution in China,louboutin pas cher, because of the above say, growth and income distribution relationship, if income is too small, the investment rate will be too high, affecting efficiency. Cause consumption rate is relatively low, there are many, such as social security is not very satisfactory, for example house prices are expensive, for example, a relatively high degree of income inequality, poor savings rate is relatively small, the rich savings rate is relatively high. But these theories are on household savings, the data show, in fact,louboutin, residents of the savings rate is very stable. Savings rate is not the main reason more household savings, but corporate and government saving more. So in order to improve the welfare of Chinese citizens, more so that the proportion of consumption, to get the economy to continue to grow, adjust income distribution, so that disposable income becomes higher proportion accounted for a very important aspect. To improve residents' disposable income accounted G & nbsp; D & nbsp; the proportion P.
and statistically did not rent land to be accounted for separately full-count into workers compensation, workers compensation so that agriculture accounts for a relatively high proportion.
adjust prices, taxes, depreciation later, Chinese real rate of return on average net investment in 1993 was 15 & nbsp; .7%, 2010 years,barbour, when 5.1% trend at least not encouraging. Both signs have shown that China's investment rate too high. More seriously, China's savings rate is even higher,tn pas cher, reaching about 50%. From an economic structure, such a high investment rate may be with income distribution residents, businesses and the Government departments concerned, this is the problem of the current to be considered. TFP is good some time ago,louboutin, but it is not good in 2008 after four years. Cause broadly divided into three categories, one called bonus system, a class called urbanization dividend.
bonus or economies in transition, there is a class called catch-up bonus. Looking ahead,escarpins louboutin, the bonus system is still, will continue, urbanization dividend also will have, but from a number of urbanization will be weakened, the speed must be slowed down,hollister outlet, of course,felpe hollister, the quality may be improved. There are also bonus chaser, China's economic development from the developed countries are still far away,air jordan 4 retro rouge noir, and there is a more favorable place,escarpin louboutin pas cher, because improving education in China's ability to learn is enhanced. Directly with the world's leading scientists, engineers exchange 30 years ago very few people, and now easily able to catch a lot of people to grasp. But the downside is that 30 years ago.
we must know why the decline of its past. Disposable income contain workers compensation, property income, get paid from the government that the transfer, but in China the proportion of labor compensation share declining proportion of total property residents also declined, then they would further ask, What caused their decline. The first reason is the change in the economic structure, agriculture accounted for G & nbsp; D & nbsp; the proportion P is gradually decreased,louboutin pas cher, gradually increased the share of manufacturing and service industries, the proportion of workers compensation decline is caused by the most important reason. It is estimated that the proportion of workers compensation dropped 61% from the industrial structure transformation from agriculture to industry and services, about 30% came from within the industry changes, there are about 9 percent are caused by other factors. Agriculture with less capital.
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