A GROWTH MODEL FOR CHINA'S SPECIAL ECONOMIC ZONE

Ke Li · Jan Whitwell · Shuntian Yao

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Economic Zones and Regional Development International Business and FDI Economic Growth and Productivity

Abstract

Abstract. We employ a general macroeconomic analysis to describe the economic growth and performance of the Special Economic Zone (SEZ). It is shown that not only does foreign investment make a significant contribution to the economic growth of the Zone, but also, the rapid response of foreign investment to the output level is important for maintaining steady-state growth. The open door policy and the policy of encouraging foreign investment have thereby played an important role in the recent development of the Chinese economy.

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References

1992HOW TO REFORM A PLANNED ECONOMY: LESSONS FROM CHINA 1999Special Economic Zones and the Opening of the Chinese Economy: Some Lessons for Economic Liberalization 1998Balanced or Unbalanced Development: Special Economic Zones as Catalysts for Transition 2002Transnational Urbanism in the Reform-era Chinese City: Landscapes from Shenzhen 1992Tariff Reform in a Small Open Economy with Public Production 2004The Role of Planning in the Development of Shenzhen, China: Rhetoric and Realities 1992Industrial and Trade Policy Reform in Developing Countries 1999Pioneering Economic Reform in China's Special Economic Zones: The Promotion of Foreign Investment and Technology Transfer in Shenzhen

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2018Zonas Económicas Especiales y su impacto sobre el desarrollo económico regional

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