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An International Comparative Study on Three-gap Model: A Case of China

Author: ChenZhongQi
Tutor: ZhangHeJie
School: Zhejiang University of Technology
Course: International Trade
Keywords: Three - gap model International Comparison China's economy
CLC: F124
Type: Master's thesis
Year: 2012
Downloads: 15
Quote: 0
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Abstract


Since the reform and opening up , China's economy in the rapid development , there are many other problems can not be ignored . From two different angles of the internal and external economic situation is not optimistic . China's economic growth mode is unreasonable and excessive reliance on investment in boosting the economy , too much emphasis on government stimulation of the economy , foreign long-term presence of the double surplus , domestic aggregate demand and aggregate supply imbalance , the Chinese economy is facing such a situation of internal and external imbalances a huge risk. The three - gap model is an effective tool for the analysis of the health of the economies , especially for developing countries . On the basis of a comparative analysis of existing research results and innovative way each gap value and the ratio of gross national product as a standard for comparison , analysis of the operation mechanism of the major economies of the world , trying from the vertical and horizontal comparison analysis draw some useful conclusions . This article focuses on the use of three - gap model dig the problems in China's economic development , the use of a combination of theoretical analysis and empirical analysis to analyze the characteristics and influencing factors of China's economic performance in the three gap with a VAR model the comprehensive profiling savings , financial and foreign exchange gap , find out the relationship between the mechanism of China's economic performance obtained internal imbalances are the root causes of the imbalance in the economic development of the final recommendations for the internal and external balance of China's economic development .

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CLC: > Economic > The world economic profiles,economic history,economic geography > China's economy > Economic construction and development
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