An Empirical Analysis of Provincial Productivity in China (1979-2001)
AbstractThis study analyzes provincial productivity growth in China for the period of 1979-2001. The Malmquist Index approach allows us to decompose productivity growth into two components, technical progress and efficiency change. Considerable productivity growth was found for most of the data period, but it was accomplished mainly through technical progress rather than efficiency improvement. Although China’s capital stock has been accumulated at the speed of a historical record in recent years, our findings show that TFP growth slowed significantly during 1995-2001. The study thus raises serious questions on whether China’s recent growth pattern is consistent with its comparative advantages, and whether its reliance on capital accumulation can be sustained in the long run.
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Bibliographic InfoPaper provided by University of Gothenburg, Department of Economics in its series Working Papers in Economics with number 127.
Length: 29 pages
Date of creation: 12 Mar 2004
Date of revision: 22 Mar 2004
Publication status: Published in Journal of Chinese Economic and Business Studies, 2006, pages 221-239.
Contact details of provider:
Postal: Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
More information through EDIRC
Productivity; capital deepening; China;
Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-03-14 (All new papers)
- NEP-DEV-2004-03-14 (Development)
- NEP-HIS-2004-03-14 (Business, Economic & Financial History)
- NEP-INO-2004-03-14 (Innovation)
- NEP-MAC-2004-03-14 (Macroeconomics)
- NEP-SEA-2004-03-14 (South East Asia)
- NEP-TRA-2004-03-14 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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"Understanding China's Economic Performance,"
NBER Working Papers
5935, National Bureau of Economic Research, Inc.
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- Jeffrey D. Sachs & Wing Thye Woo, . "Understanding China'S Economic Performance," Department of Economics 97-04, California Davis - Department of Economics.
- Wu, Yanrui, 2000. "Is China's economic growth sustainable? A productivity analysis," China Economic Review, Elsevier, vol. 11(3), pages 278-296.
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