Advanced Search
MyIDEAS: Login

Sources of China's economic growth, 1952-99 : incorporating human capital accumulation

Contents:

Author Info

  • Yan Wang
  • Yudong Yao
Registered author(s):

Abstract

China's performance in economic growth, and poverty reduction has been remarkable. There is an ongoing debate about whether this growth is mainly driven by productivity, or factor accumulation. But few past studies have incorporated information on China's human capital stock, and thus contained an omission bias. The authors construct a measure of China's human capital stock from 1952 to 1999, and, using a simple growth accounting exercise, incorporate it in their analysis of the sources of growth, during the pre-reform (1952-77), and the reform period (1978-99). They find that the accumulation of human capital in China (as measured by the average years of schooling for the population aged 15 to 64) was quite rapid, and contributed significantly to growth, and welfare. After incorporating human capital, they also find that the growth of total factor productivity, still plays a positive, and significant role during the reform period. In contrast, productivity growth was negative in the pre-reform period. The results are robust to changes in labor shares in GDP. The recent declining rate of human capital accumulation is a cause for concern, if China is to sustain its improvements in growth, and welfare in the coming decade. Funding for basic education is unevenly distributed, and insufficient in some poor regions.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2001/08/29/000094946_01080904131761/Rendered/PDF/multi0page.pdf
Download Restriction: no

Bibliographic Info

Paper provided by The World Bank in its series Policy Research Working Paper Series with number 2650.

as in new window
Length:
Date of creation: 31 Jul 2001
Date of revision:
Handle: RePEc:wbk:wbrwps:2650

Contact details of provider:
Postal: 1818 H Street, N.W., Washington, DC 20433
Phone: (202) 477-1234
Email:
Web page: http://www.worldbank.org/
More information through EDIRC

Related research

Keywords: Labor Policies; Environmental Economics&Policies; Capital Markets and Capital Flows; Economic Theory&Research; Public Health Promotion; Achieving Shared Growth; Health Monitoring&Evaluation; Economic Theory&Research; Economic Growth; Environmental Economics&Policies;

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:2650. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Roula I. Yazigi).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.