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The role of productivity in China's growth: new estimates

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  • Yanrui Wu

Abstract

The impressive growth of the Chinese economy in the past three decades has attracted a lot of attention and hence the research interest of many scholars and policy makers. One of the focuses in the literature is the role of productivity in China's economic growth. This paper aims to revisit the debate about the role of productivity in China's growth, to provide an updated estimate of productivity growth and hence to make a contribution to the understanding of China's economic growth in recent years. Its objective is to propose and apply a growth accounting technique to assess economic performance in China, in particular the role of technological progress in China's recent growth. The findings about the latter may have important policy implications for the sustainability of China's economic growth in the future.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Journal of Chinese Economic and Business Studies.

Volume (Year): 6 (2008)
Issue (Month): 2 ()
Pages: 141-156

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Handle: RePEc:taf:jocebs:v:6:y:2008:i:2:p:141-156

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Related research

Keywords: total factor productivity; growth accounting stochastic frontier approach;

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Cited by:
  1. M. J. Herrerias & Javier Ordoñez, 2011. "New Evidence on the Role of Regional Clusters and Convergence in China (1952-2008)," Working Papers 2011/07, Economics Department, Universitat Jaume I, Castellón (Spain).
  2. M. Herrerías, 2012. "Weighted convergence and regional growth in China: an alternative approach (1952–2008)," The Annals of Regional Science, Springer, vol. 49(3), pages 685-718, December.

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