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Regional economic growth in China from a Kaldorian perspective: A comparative study of Nanjing and Suzhou

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posted on 2023-07-26, 16:14 authored by Alexandre Gomes
This paper sets out to analyse and compare the growth performances of two Chinese cities, Nanjing and Suzhou. Their growth performances have varied over time, with one city outperforming the other in some periods, and with the reverse scenario taking place in other times. In order to explain this phenomenon, this study makes use of a Kaldorian analytical framework, highlighting key notions such as demand-led growth, path-dependency, lock-in effects and inter-relatedness. It will be argued that regional economic growth is explained by the match – or otherwise – between a city’s productive structure and China’s national aggregate demand composition.

History

Refereed

  • Yes

Volume

73

Issue number

295

Page range

:283-312

Publication title

PSL Quarterly Review

ISSN

2037-3643

Publisher

Associazione Economia civile

File version

  • Published version

Language

  • eng

Legacy posted date

2023-07-03

Legacy creation date

2023-07-03

Legacy Faculty/School/Department

Faculty of Business & Law

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