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Has Productivity Contributed to China's Growth?

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  • Yanrui Wu

    ()
    (University of Western Australia)

Abstract

This paper applies an extended Solow approach to examine the role of productivity in China's economic growth. The extended Solow approach allows the decomposition of output growth into factor contributions, technological progress and efficiency change. It is found that total factor productivity (TFP) has on average contributed to 13.5 percent of China's economic growth in the past two decades. This contribution is mainly due to technological progress which tends to accelerate over time. However, during 1982-97 efficiency change due to catch-up has been very volatile, reflecting the uncertainties associated with economic reforms and transition in China. Copyright 2003 Blackwell Publishing Ltd.

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Pacific Economic Review.

Volume (Year): 8 (2003)
Issue (Month): 1 (01)
Pages: 15-30

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Handle: RePEc:bla:pacecr:v:8:y:2003:i:1:p:15-30

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Cited by:
  1. Zheng, Jinghai & Hu, Angang, 2004. "An Empirical Analysis of Provincial Productivity in China (1979-2001)," Working Papers in Economics 127, University of Gothenburg, Department of Economics, revised 22 Mar 2004.
  2. Zhou, Xianbo & Li, Kui-Wai & Li, Qin, 2010. "An Analysis on Technical Efficiency in Post-reform China," MPRA Paper 41034, University Library of Munich, Germany.
  3. Li, Kui-Wai & Liu, Tung, 2011. "Economic and productivity growth decomposition: An application to post-reform China," Economic Modelling, Elsevier, vol. 28(1), pages 366-373.
  4. Kui-Wai Li & Tung Liu & Lihong Yun, 2008. "Decomposition of Economic and Productivity Growth in Post-reform China," Working Papers 200806, Ball State University, Department of Economics, revised Dec 2008.
  5. Jinghai Zheng & Angang Hu, 2006. "An Empirical Analysis of Provincial Productivity in China (1979-2001)," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 4(3), pages 221-239.
  6. Hua, Ping, 2007. "Real exchange rate and manufacturing employment in China," China Economic Review, Elsevier, vol. 18(3), pages 335-353.

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