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Genuine output and genuine productivity of China's provinces : a multiregional input-output analysis

Author

Listed:
  • Gao, Yuning
  • Lu, Yufeng
  • Meng, Bo
  • Yu, Miao

Abstract

This paper recalculates value added, capital formation, capital stock, and related multifactor productivity for China's provinces by expanding on the genuine savings method proposed by the World Bank. Specifically, we construct China's time-series multiregional input?output tables to account for the natural resource depletion and environmental damage that affect genuine output when considering inter-provincial trade. The results show that although the loss of natural capital in China's provinces in terms of value added and investment has declined, the impact on productivity during the past decades is still significant and has even increased during the past decades.

Suggested Citation

  • Gao, Yuning & Lu, Yufeng & Meng, Bo & Yu, Miao, 2017. "Genuine output and genuine productivity of China's provinces : a multiregional input-output analysis," IDE Discussion Papers 638, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    • Handle: RePEc:jet:dpaper:dpaper638
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    File URL: https://ir.ide.go.jp/?action=repository_action_common_download&item_id=37552&item_no=1&attribute_id=22&file_no=1
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    More about this item

    Keywords

    Productivity; Input-output tables; Sustainable development; Genuine savings method; Total factor productivity; Multiregional input–output method; China;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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