Structural Change and Economic Growth in China
AbstractThis study develops a new analytical framework to account for sources of rapid economic growth in China. The traditional Solow approach is expanded to include another source of economic growth-structural change. The empirical results show that structural change has contributed to growth significantly by reallocating resources from low-productivity sectors to high-productivity sectors. It is found that the returns to capital investment in both agricultural production and rural enterprises are much higher than those in urban sectors, indicating underinvestment in rural areas. On the other hand, labor productivity in the agricultural sector remains low, a result of the still large surpluses of labor in the sector. Therefore, further development of rural enterprises and an increase in labor flow among sectors and across regions are key to improvements in overall economic efficiency. Copyright Blackwell Publishing Ltd 2003.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of Development Economics.
Volume (Year): 7 (2003)
Issue (Month): 3 (08)
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Diao, Xinshen & Hazell, P.B.R. & Resnick, Danielle & Thurlow, James, 2007.
"The role of agriculture in development: Implications for Sub-Saharan Africa,"
153, International Food Policy Research Institute (IFPRI).
- Diao, Xinshen & Hazell, Peter & Resnick, Danielle & Thurlow, James, 2006. "The role of agriculture in development: implications for Sub-Saharan Africa," DSGD discussion papers 29, International Food Policy Research Institute (IFPRI).
- Fan, Shenggen & Chan-Kang, Connie, 2005.
"Road development, economic growth, and poverty reduction in China:,"
138, International Food Policy Research Institute (IFPRI).
- Fan, Shenggen & Chan-Kang, Connie, 2004. "Road development, economic growth, and poverty reduction in China," DSGD discussion papers 12, International Food Policy Research Institute (IFPRI).
- Chen, Zhuo & Huffman, Wallace & Rozelle, Scott, 2006.
"Farm Technology and Technical Efficiency: Evidence from Four Regions in China,"
Staff General Research Papers
12605, Iowa State University, Department of Economics.
- Chen, Zhuo & Huffman, Wallace E. & Rozelle, Scott, 2009. "Farm technology and technical efficiency: Evidence from four regions in China," China Economic Review, Elsevier, vol. 20(2), pages 153-161, June.
- Zhang, Xiaobo & Tan, Kong-Yam, 2007.
"Incremental Reform and Distortions in China’s Product and Factor Markets,"
6804, University Library of Munich, Germany.
- Kong-Yam Tan, 2007. "Incremental Reform and Distortions in China's Product and Factor Markets," World Bank Economic Review, World Bank Group, vol. 21(2), pages 279-299, March.
- Huanxiu GUO & Sébastien Marchand, 2013.
"The environmental efficiency of non-certified organic farming in China: a case study of paddy rice production,"
- Sébastien MARCHAND & Huanxiu GUO, 2012. "The environmental efficiency of non-certified organic farming in China: a case study of paddy rice production," Working Papers 201238, CERDI.
- Mukherjee, Anit & Zhang, Xiaobo, 2005. "Rural non-farm development in China and India," DSGD discussion papers 24, International Food Policy Research Institute (IFPRI).
- Ravi Kanbur & Xiaobo Zhang, 2005.
"Fifty Years of Regional Inequality in China: a Journey Through Central Planning, Reform, and Openness,"
Review of Development Economics,
Wiley Blackwell, vol. 9(1), pages 87-106, 02.
- Kanbur, Ravi & Zhang, Xiaobo, 2004. "Fifty Years of Regional Inequality in China: A Journey through Central Planning, Reform, and Openness," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
- Ravi Kanbur & Xiaobo Zhang, 2004. "Fifty Years of Regional Inequality in China: A Journey Through Central Planning, Reform and Openness," Working Papers 158, Institute for Social and Economic Change, Bangalore.
- Chen, Shiyi & Jefferson, Gary H. & Zhang, Jun, 2011. "Structural change, productivity growth and industrial transformation in China," China Economic Review, Elsevier, vol. 22(1), pages 133-150, March.
- Jia, Xiangping & Fock, Achim, 2007. "Thirty Years of Agricultural Transition in China (1977-2007) and the "New Rural Campaign"," 106th Seminar, October 25-27, 2007, Montpellier, France 7953, European Association of Agricultural Economists.
- David E. Bloom & David Canning & Linlin Hu & Yuanli Liu & Ajay Mahal & Winnie Yip, 2007.
"The Contribution of Population Health and Demographic Change to Economic Growth in China and India,"
PGDA Working Papers
2807, Program on the Global Demography of Aging.
- Bloom, David E. & Canning, David & Hu, Linlin & Liu, Yuanli & Mahal, Ajay & Yip, Winnie, 2010. "The contribution of population health and demographic change to economic growth in China and India," Journal of Comparative Economics, Elsevier, vol. 38(1), pages 17-33, March.
- Zhang, Xiaobo, 2006. "Asymmetric property rights in China's economic growth:," DSGD discussion papers 28, International Food Policy Research Institute (IFPRI).
- Yang, Ling & Lahr, Michael L., 2010. "Sources of Chinese labor productivity growth: A structural decomposition analysis, 1987-2005," China Economic Review, Elsevier, vol. 21(4), pages 557-570, December.
- Mukherjee, Anit & Zhang, Xiaobo, 2007. "Rural Industrialization in China and India: Role of Policies and Institutions," World Development, Elsevier, vol. 35(10), pages 1621-1634, October.
- Fan, Shenggen & Zhang, Xiaobo, 2004. "Infrastructure and regional economic development in rural China," China Economic Review, Elsevier, vol. 15(2), pages 203-214.
- Pratt, Alejandro Nin & Fan, Shenggen, 2010. "R&D investment in national and international agricultural research," IFPRI discussion papers 986, International Food Policy Research Institute (IFPRI).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.