Proceedings of the 4th International Symposium on Social Science (ISSS 2018)

An Analysis of China’s Economic Downturn----From the Perspective of Neoclassical Economics

Authors
Zihao Chen
Corresponding Author
Zihao Chen
Available Online May 2018.
DOI
10.2991/isss-18.2018.93How to use a DOI?
Keywords
Economic downturn; neoclassical economics; Solow model
Abstract

Since the financial crisis in 2008, China's economic growth has reached a turning point and there exists increasing pressure in China’s economy due to its downward trend. From the perspective of neoclassical economics, and with the aid of Solow production function, this paper makes a comparison between the period of China's rapid economic growth and that of low speed growth, in an attempt to analyze the cause of the current economic downturn in China. The results indicate that the causes of the current economic downturn in China lie in the decline in capital remuneration, the disappearance of demographic dividend and the slow economic transition

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 4th International Symposium on Social Science (ISSS 2018)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
May 2018
ISBN
10.2991/isss-18.2018.93
ISSN
2352-5398
DOI
10.2991/isss-18.2018.93How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Zihao Chen
PY  - 2018/05
DA  - 2018/05
TI  - An Analysis of China’s Economic Downturn----From the Perspective of Neoclassical Economics
BT  - Proceedings of the 4th International Symposium on Social Science (ISSS 2018)
PB  - Atlantis Press
SP  - 459
EP  - 468
SN  - 2352-5398
UR  - https://doi.org/10.2991/isss-18.2018.93
DO  - 10.2991/isss-18.2018.93
ID  - Chen2018/05
ER  -