亚洲经济教材新增长再平衡.pptVIP

REBALANCING GROWTH IN ASIA NBER WORKING PAPER SERIES II. Composition of Growth The national income accounts divide GDP into four broad categories of spending: Consumption (C ) Investment ( I ) Government purchases (G ) Net exports (NX). Thus, letting Y stand for GDP , we have the national income accounts identity: Y= C+ I+ G+ NX. II. Composition of Growth II. Composition of Growth III. Savings - Investment Balances Savings - Investment Balances and current account balances: Begin with the identity Y = C + I + G + NX. Subtract C and G from both sides to obtain Y − C − G = I + NX. Recall t