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Capital Stock Estimates for China's Regional Economies: Results and Analyses

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Author Info

  • Yanrui Wu

    (Department of Economics, University of Western Australia)

Abstract

The lack of capital stock statistics for empirical research on the Chinese economy has for a long time been one of the major impediments. Though many authors have attempted to derive their own data series, most authors have focused on investigations at the national level and their findings are not without controversies. Few studies have provided estimates of capital stock for China's regional economies. This paper adds to the literature in several ways. First, it presents a critical review of the methods and findings in the existing literature. Second, it proposes an alternative approach to estimate China's regional capital stock values. Finally, the derived capital stock series are applied to examine growth, disparity and convergence in China's regional economies.

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File URL: http://www.business.uwa.edu.au/__data/assets/pdf_file/0005/98636/07_16_Wu_2.pdf
File Function: Revised version, 1998
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Bibliographic Info

Paper provided by The University of Western Australia, Department of Economics in its series Economics Discussion / Working Papers with number 07-16.

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Length: 28 pages
Date of creation: Jul 1997
Date of revision:
Handle: RePEc:uwa:wpaper:07-16

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Related research

Keywords: Capital stock estimates; Chinese economy; perpetual inventory approach;

References

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  1. Carsten A Holz, 2005. "New Capital Estimates for China," Macroeconomics 0512001, EconWPA.
  2. Bramall, Chris, 2000. "Sources of Chinese Economic Growth, 1978-1996," OUP Catalogue, Oxford University Press, number 9780198296973, Octomber.
  3. Kuan, Chen & Hongchang, Wang & Yuxin, Zheng & Jefferson, Gary H. & Rawski, Thomas G., 1988. "Productivity change in Chinese industry: 1953-1985," Journal of Comparative Economics, Elsevier, vol. 12(4), pages 570-591, December.
  4. Xiaolei Qian & Russell Smyth, 2005. "Growth Accounting for the Chinese Provinces 1990-2000: Incorporating Human Capital Accumulation," Monash Economics Working Papers 11/05, Monash University, Department of Economics.
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Cited by:
  1. Yanrui Wu, 2007. "Environmental Efficiency and Its Determinants in China’s Regional Economies," Economics Discussion / Working Papers 07-21, The University of Western Australia, Department of Economics.

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