Accession Number : AD0639129

Title :   CAPITAL FORMATION IN COMMUNIST CHINA.

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : YEH,K. C.

Report Date : AUG 1966

Pagination or Media Count : 60

Abstract : The paper examines the trends in capital formation in l952-59 and discusses implications suggested by the statistical findings. The term capital formation, or investment for short, is used in the conventional sense. Sections I-III deal with the rate of investment, the structure of investment by types of capital goods, and the pattern of allocation of fixed investment by major economic sectors. To provide a gauge for appraisal of the data, the results are compared with the corresponding estimates for China in 1931-36 and with selected countries in the postwar period. Section IV discusses preliminary observations on investment and growth in Communist China in the 1950s. (Author)

Descriptors :   (*CHINA, *ECONOMICS), INDUSTRIES, HISTORY, MONEY, AGRICULTURE

Subject Categories : Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE