Abstract
More than a decade ago in 2003, the Chinese Communist Party proposed to follow a human-oriented approach and promote social advancement by achieving comprehensive, coordinated, and sustainable economic development. Five balanced plans were proposed: balancing development between urban and rural areas, between different geographical regions, between economic and social undertakings, between humanity and nature, and between domestic development and opening up to the outside world.
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Notes
- 1.
The same as for the previous two chapters, the reader can refer to, for example, Brock (1973), Becker (1982), Tahvonen and Kuuluvainen (1993), Grossman and Kruger (1993, 1995), Copeland and Taylor (1994), Bovenberg and Smulders (1995), Mohtadi (1996), Smulders and Gradus (1996), Vincent (1997), Nordhaus and Boyer (2000), Antweiler et al. (2001), Levinson (2002), Brock and Taylor (2004, 2005), Xepapadeas (2003, 2005), Tzouvelekas et al. (2006), Considine and Larson (2006), Co et al. (2008), Abdulai and Ramcke (2009), Tol (2009), World Bank (2006, 2011), Zhang and Crook (2011), Arrow et al. (2012), and Solow (2012), Jiang (2014, 2015) for a broader review of the related literature for the issue in question.
- 2.
That is, we conveniently use \( g_{X} \) (\( \equiv \dot{X}/X \)) to denote the growth rate of variable \( X \) over time for any variable \( X \).
- 3.
This is because according to (5.19), \( g_{D} = Z/D - \rho \). Then \( Z/D \) must be a constant on the balanced growth path if \( g_{D} \) is assumed to be a constant on the balanced growth path.
- 4.
Because there are many regressions with alternative variable formations, thus to page space, we choose not to present the results explicitly.
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Jiang, Y. (2016). Economic Growth and Environmental Input. In: Green Development in China. SpringerBriefs in Economics. Springer, Singapore. https://doi.org/10.1007/978-981-10-0693-7_5
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