Research Article

Implications of the Global Financial Crisis for China: A Dynamic CGE Analysis to 2020

Table 3

Calibrated changes in technological change and capital efficiency due to the crisis, China and selected regions.

20072008200920102011

China0.00−3.16−8.44−5.64−2.92
Japan0.00−1.11−3.13−4.97−3.07
US−0.54−1.55−4.10−5.36−4.75
EU270.00−1.22−3.05−3.38−3.21