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Industrial And Aggregate Measures Of Productivity Growth In China, 1982-2000

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Author Info
Jing Cao
Mun S. Ho
Dale W. Jorgenson
Ruoen Ren
Linlin Sun
Ximing Yue

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Abstract

We estimate productivity growth for 33 industries covering the entire Chinese economy using a time series of input-output tables covering 1982-2000. Capital input is measured using detailed investment data by asset and labor input uses demographic information from household surveys. We find a wide range of productivity performance at the industry level. We then show how these industry growth accounts may be consistently aggregated to deliver a decomposition of aggregate GDP growth. For the 1982-2000 period aggregate TFP growth was 2.5 percent per year; decelerating from a rapid rate in the early 1980s to negative growth during 1994-2000. The main source of growth during the 1982-2000 period was capital accumulation, with a small negative contribution from the reallocation of factors across industries. Copyright 2009 The Authors. Journal compilation International Association for Research in Income and Wealth 2009.

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File URL: http://www.blackwell-synergy.com/links/doi/10.1111/j.1475-4991.2009.00328.x/enhancedabs
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Article provided by Blackwell Publishing in its journal Review of Income and Wealth.

Volume (Year): 55 (2009)
Issue (Month): s1 (07)
Pages: 485-513
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Handle: RePEc:bla:revinw:v:55:y:2009:i:s1:p:485-513

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This page was last updated on 2009-11-22.


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