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生产要素、Fdi、环境污染与中国经济增长源泉——基于bm生产率指数的分解
[Production factors, FDI, environmental depletion and sources of economic growth in China ——based on the decomposition of BM productivity index]

Author

Listed:
  • Tang, Liwei
  • Hu, Zongyi

Abstract

In this paper,we divide fixed capital stock into domestic fixed capital stock and foreign fixed capital stock (FDI stock), then by consideration of the environmental deletion, we make use of the BM productivity index to decompose the source of economic growth from 1998 to 2011. The findings show that, as a whole, the contribution share of TFP, labor input, domestic capital, FDI and environmental consumption to economic growth was 4.33%, 3.67%, 48.1%, 18% and 25.9% respectively. Regional Statistics found that the area which the largest contributions share TFP of to economic growth was eastern, and the economic growth of central depends on capital than others, and the economic growth of western depends on FDI than others. The results of this paper tell us that ,at present, China’s economic growth is much more depending on capital and there is difference among three areas. The contribution of TFP to economic growth is limited, China’s economic growth has been more exploited environment which is not sustainable. So transforming economic growth mode is inevitable.

Suggested Citation

  • Tang, Liwei & Hu, Zongyi, 2014. "生产要素、Fdi、环境污染与中国经济增长源泉——基于bm生产率指数的分解 [Production factors, FDI, environmental depletion and sources of economic growth in China ——based on the decomposition of BM productivity index]," MPRA Paper 59184, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:59184
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    References listed on IDEAS

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    More about this item

    Keywords

    BM productivity index; environmental consumption; FDI; production elements; economic growth source decomposition;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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