The Long-Run Trend of Residential Investment in China /

In this paper we analyze the fundamental drivers of China's residential investment as a share of its GDP. Our analysis indicates that the economic structural changes that led to rebalancing toward consumption were the key driver of the rising residential investment to GDP ratio in China. We pro...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Ding, Ding
Kolejni autorzy: Lian, Weicheng
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2018.
Seria:IMF Working Papers; Working Paper ; No. 2018/261
Hasła przedmiotowe:
Dostęp online:Full text available on IMF
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245 1 4 |a The Long-Run Trend of Residential Investment in China /  |c Ding Ding, Weicheng Lian. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a In this paper we analyze the fundamental drivers of China's residential investment as a share of its GDP. Our analysis indicates that the economic structural changes that led to rebalancing toward consumption were the key driver of the rising residential investment to GDP ratio in China. We project that residential investment would moderate from the current level of 9 percent of GDP to around 6 percent by 2024, and its contribution to real GDP growth would decline gradually from currently about half percent of GDP to slightly negative over this period, barring policy intervention. The decline in the growth contribution of residential investment reflects the projected somewhat slower pace of rebalancing going forward and the envisaged increases in labor costs due to demographic changes. 
538 |a Mode of access: Internet 
650 7 |a Housing Investment  |2 imf 
650 7 |a Investment Boom  |2 imf 
650 7 |a Investment Dynamics  |2 imf 
650 7 |a Residential Investment  |2 imf 
650 7 |a WP  |2 imf 
651 7 |a China, People's Republic of  |2 imf 
700 1 |a Lian, Weicheng. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2018/261 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2018/261/001.2018.issue-261-en.xml  |z IMF e-Library