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China's Manufacturing Industry in an International Perspective: A China-Germany Comparison

Author

Listed:
  • Ren Ruoen
  • Bai Manying

Abstract

This study is the first attempt to compare China's economic performance with that of a European country following the approach of International Comparison of Output and Productivity (ICOP) developed by the Groningen University. The estimation of China's manufacturing output and value-added obtained with this method shows that China's labor productivity in 1995 was about 7 percent of the German level when small rural entreprises are excluded from the Chinese data, and was 5 percent of the German level when they are included.

Suggested Citation

  • Ren Ruoen & Bai Manying, 2002. "China's Manufacturing Industry in an International Perspective: A China-Germany Comparison," Economie Internationale, CEPII research center, issue 92, pages 103-130.
    • Handle: RePEc:cii:cepiei:2002-4qd
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    File URL: http://www.cepii.fr/IE/rev92/rev92d.htm
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    More about this item

    Keywords

    China; Labour Productivity; Relative Price Level;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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