Liu Shucheng is a famous Chinese economist who has a major impact
on the study of China's macroeconomics and quantitative economics.
Selecting some of Liu's representative studies on Chinese
macroeconomy, this book will be a valuable reference for
understanding and studying Chinese economy. The first five papers
appear in the author's collected works for the first time. They
mainly study the overall balance of Chinese macroeconomic operation
and the relative economic mathematical models. The
commodity-currency balance sheet improved the earliest input-output
model introduced to China in the 1980s, and the author's frontier
research is of great importance for Chinese economic study. In
attempting to solve the problems caused by incontrollable fixed
assets investment, the author examines the periodicity of fixed
assets investment in China, including the characteristics, causes,
and the impact of investment periodic fluctuation on economic
periodic fluctuation. Besides, the author studies Phillips curves
in China in a comprehensive and intensive way. These in-depth
analysis provide original insights based on the author's extensive
research.
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