Estimating the Growth Attributes of Mainland China and Hong Kong SAR
AbstractSince Hong Kong’s reversion of political sovereignty to Mainland China in 1997, the pace of economic integration between the two economies has increased. This paper first examines the economic benefits and institutional differences between Mainland China and Hong Kong. The empirical section of the paper used a stochastic frontier model with the incorporation of a human capital variable to decompose the economic and productivity growth of Mainland China and Hong Kong into the four attributes of input growth, adjusted scale effect, technical progress, and efficiency growth.
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Bibliographic InfoPaper provided by Ball State University, Department of Economics in its series Working Papers with number 201004.
Length: 35 pages
Date of creation: Feb 2010
Date of revision: Feb 2010
technical progress; technical efficiency; returns to scale; human capital; China economy; Hong Kong economy;
Find related papers by JEL classification:
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-04-04 (All new papers)
- NEP-DEV-2010-04-04 (Development)
- NEP-EFF-2010-04-04 (Efficiency & Productivity)
- NEP-FDG-2010-04-04 (Financial Development & Growth)
- NEP-HRM-2010-04-04 (Human Capital & Human Resource Management)
- NEP-TRA-2010-04-04 (Transition Economics)
You can help add them by filling out this form.
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