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Regional economic growth in China from a Kaldorian perspective: A tale of two cities

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journal contribution
posted on 2024-05-16, 08:48 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

Publication title

PSL Quarterly Review

ISSN

2037-3635

Publisher

Associazione Economia civile

File version

  • Published version

Item sub-type

Article

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  • School of Economics, Finance and Law Outputs

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