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Convergence of economies, United Sta...

Zhang, Yiwen.

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Convergence of economies, United States and China.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Convergence of economies, United States and China./
Author:	Zhang, Yiwen.
Description:	56 p.
Notes:	Source: Masters Abstracts International, Volume: 44-04, page: 1648.
Contained By:	Masters Abstracts International44-04.
Subject:	Economics, Theory. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=1430448
ISBN:	9780542444456

Convergence of economies, United States and China.
Zhang, Yiwen.

Convergence of economies, United States and China. - 56 p.

Source: Masters Abstracts International, Volume: 44-04, page: 1648.

Thesis (M.S.)--University of Nevada, Reno, 2005.

Given data that suggests the economic performance of China is converging to that of the United States, this thesis calibrates a standard growth model and simulates various possible convergence scenarios.{09}The effort to calibrate an "unconditional convergence" model leads to the conclusion that there is a structural difference between the economies of China and the U.S., with China necessarily possessing a much lower level of technology. Without technology transfer, the parameterized simulations suggest that China will not achieve present U.S. living standards for at least a century. With significant technology transfer, China could achieve current U.S. living standards in as little as three decades. The simulations suggest that technology transfer will speed China's development much more quickly than the maintenance of a higher than normal savings rate.

ISBN: 9780542444456Subjects--Topical Terms:

1017575
Economics, Theory.

Convergence of economies, United States and China.
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008 130610s2005 eng d
020 $a 9780542444456
035 $a (UnM)AAI1430448
035 $a AAI1430448
040 $a UnM $c UnM
100 1 $a Zhang, Yiwen. $3 1032350
245 1 0 $a Convergence of economies, United States and China.
300 $a 56 p.
500 $a Source: Masters Abstracts International, Volume: 44-04, page: 1648.
500 $a Adviser: Mark Pingle.
502 $a Thesis (M.S.)--University of Nevada, Reno, 2005.
520 $a Given data that suggests the economic performance of China is converging to that of the United States, this thesis calibrates a standard growth model and simulates various possible convergence scenarios.{09}The effort to calibrate an "unconditional convergence" model leads to the conclusion that there is a structural difference between the economies of China and the U.S., with China necessarily possessing a much lower level of technology. Without technology transfer, the parameterized simulations suggest that China will not achieve present U.S. living standards for at least a century. With significant technology transfer, China could achieve current U.S. living standards in as little as three decades. The simulations suggest that technology transfer will speed China's development much more quickly than the maintenance of a higher than normal savings rate.
590 $a School code: 0139.
650 4 $a Economics, Theory. $3 1017575
650 4 $a Economics, General. $3 1017424
690 $a 0511
690 $a 0501
710 2 0 $a University of Nevada, Reno. $3 626634
773 0 $t Masters Abstracts International $g 44-04.
790 1 0 $a Pingle, Mark, $e advisor
790 $a 0139
791 $a M.S.
792 $a 2005
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=1430448