Economic and productivity growth decomposition: An application to post-reform China

Li, Kui‐Wai; Liu, Tung

doi:10.1016/j.econmod.2010.08.013

Cited by 38 publications

(29 citation statements)

References 65 publications

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“…This suggests that the region could have further increased their output or real GRP level by 27.63 percent given the same level of capital stock and employment. The result is consistent with the studies by [4]- [6]. Results found that Hubei emerged as the most efficient province in China and this is followed by Hebei and ZheJiang in the Eastern region with an average overall efficiency score of 98.30 percent and 87.50 percent respectively.…”

Section: Resultssupporting

confidence: 82%

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The Inequality of the Provinces in China: A Productivity Analysis

Chan¹

2012

IJTEF

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Abstract-This paper intends to address the issue of the inequality in the economy development in China with the use of Total Factor Productivity in analyzing the productivity and efficient used of resources. The study focuses on regional analysis to determine the inequality patterns among the provinces in China with the objective to address the issues of inequality among the provinces in China which my dampened the economic development in the country. The sample of the study consist of 30 provinces in China starts from year 1978 to 2008 in order to investigate the economic efficiency and productivity change of the Chinese's economy after the China reformation in 1978. The results show that the Eastern region is relatively more efficient as compared to the Western and Central region in China. Results further found that the main contributor of economic inefficiency in China is mainly due to pure technical inefficiency. The technological change plays is found to play an important role in providing a road for sustainable economy development in China.

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Section: Resultssupporting

confidence: 82%

“…This is consistent with the regional studies in China, e.g. [4], [5] and [6]. This needs to be address by better policy implementation in order to avoid the effects of inequality towards the economic development in China.…”

Section: Conclusion and Recommendationsupporting

confidence: 67%

The Inequality of the Provinces in China: A Productivity Analysis

Chan¹

2012

IJTEF

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“…A fully nonparametric time-variant stochastic frontier model has been specified to allow for province effects and time effects to enter the production function with other inputs in a nonparametric way. The The empirical findings in this paper have improved the discussion on China's productivity analysis, echoed on such recent discussions as regional inequality, disparity in growth inputs and human capital development in China's post-reform economic development (Wu, 2008;Li and Liu, 2011;Chang, 2002;Fleisher and Zhao, 2010;Liu and Li, 2006;Chi, 2008;Li et al, 2009 …”

Section: Resultsmentioning

confidence: 97%

“…Nonetheless, studies on China's post-reform economy have provided a continued debate on whether technical progress or technical efficiency is the more important contributing factor to China's TFP growth (Wu, 2000;Li and Liu, 2011). After more than three decades of economic reform since 1978, it would be useful to examine if technical efficiency has become an important factor in China's growth.…”

Section: Introductionmentioning

confidence: 99%

An analysis on technical efficiency in post-reform China

Zhou¹,

2011

China Economic Review

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Abstract:This paper employs a fully nonparametric stochastic frontier model with time and individual effects to study technical efficiency in China's post-reform economy. The panel data cover China's thirty provinces for the period of 1985-2008. The empirical results show that the average output elasticity of labor is larger than the other two inputs of capital and human capital. Based on the specified inefficiency Tobit model, the factor analysis on technical efficiency shows that the time effects of technical efficiency in China's post-reform economy are significantly contingent on the factors. There exists significant regional differences in technical efficiency in China's economic development, and a number of policy implications can be drawn.

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“…The study in Li (2009) extended the TFP estimates by using ownership data, and following the endogenous growth models the human capital variable has been incorporated to examine China's post-reform performance of TFP and its relative variance. The aggregate nature of TFP has further been decomposed into the three components of productivity, technical efficiency and scale economy in post-reform China (Li and Liu, 2011). …”

Section: Introductionmentioning

confidence: 99%

Analyzing the TFP Performance of Chinese Industrial Enterprises

2018

Singapore Econ. Rev.

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After nearly four decades of rapid growth, the China economy is faced with various challenges. The 2008 crisis would have served as the last straw as China experienced falls and volatilities in industrial output, export and foreign direct investment. The new policy focuses on expansion of domestic consumption and rebalancing. Given the unreliability of Chinese products, there is a need to rebuild product acceptability and market confidence. The structure of industrial enterprises, especially the small-and medium-sized enterprises, will play a crucial role in the next phase of development in the China economy. This paper uses the data on Chinese industrial enterprises to estimate the productivity performance of enterprises across region and industries. The discussion is placed on the impact of the 2008 financial crisis on the China economy and industries enterprises. By using a simple methodology and OLS regression analysis on the estimation of total factor productivity, the empirical results show that SMEs and non-SMEs do perform differently in different industries and across regions, but SMEs suffered more than nonSMEs since the 2008 crisis.

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Economic and productivity growth decomposition: An application to post-reform China

Cited by 38 publications

References 65 publications

The Inequality of the Provinces in China: A Productivity Analysis

The Inequality of the Provinces in China: A Productivity Analysis

An analysis on technical efficiency in post-reform China

Analyzing the TFP Performance of Chinese Industrial Enterprises

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