IMF Staff Papers: Volume 56, No. 2
China's growth performance since the start of economic reforms in 1978 has been impressive, but the gains have not been distributed equally across provinces. We use a nonparametric approach to analyze the variation in labor productivity growth across China's provinces. This approach impose...
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| Format: | Elektronisch E-Book |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2009
|
| Schriftenreihe: | IMF Staff Papers
IMF Staff Papers, Volume 56, No |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | China's growth performance since the start of economic reforms in 1978 has been impressive, but the gains have not been distributed equally across provinces. We use a nonparametric approach to analyze the variation in labor productivity growth across China's provinces. This approach imposes less structure on the data than the standard growth accounting framework and allows for a breakdown of labor productivity into efficiency gains, technological progress, and capital deepening. We have the following results. First, we find that on average capital deepening accounts for about 75 percent of total labor productivity growth, while efficiency and technological improvements account for about 7 and 18 percent, respectively. Second, technical change is not neutral. Third, whereas improvement in efficiency contributes to convergence in labor productivity between provinces, technical change contributes to productivity disparity across provinces. Finally, we find that foreign direct investment has a positive and significant effect on efficiency growth and technical progress |
| Beschreibung: | 1 Online-Ressource (215 p) |
| ISBN: | 1589067959 9781589067950 |
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| 520 | 3 | |a China's growth performance since the start of economic reforms in 1978 has been impressive, but the gains have not been distributed equally across provinces. We use a nonparametric approach to analyze the variation in labor productivity growth across China's provinces. This approach imposes less structure on the data than the standard growth accounting framework and allows for a breakdown of labor productivity into efficiency gains, technological progress, and capital deepening. We have the following results. First, we find that on average capital deepening accounts for about 75 percent of total labor productivity growth, while efficiency and technological improvements account for about 7 and 18 percent, respectively. Second, technical change is not neutral. Third, whereas improvement in efficiency contributes to convergence in labor productivity between provinces, technical change contributes to productivity disparity across provinces. Finally, we find that foreign direct investment has a positive and significant effect on efficiency growth and technical progress | |
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| spelling | International Monetary Fund Research Dept oth IMF Staff Papers Volume 56, No. 2 Washington, D.C International Monetary Fund 2009 1 Online-Ressource (215 p) txt rdacontent c rdamedia cr rdacarrier IMF Staff Papers IMF Staff Papers, Volume 56, No China's growth performance since the start of economic reforms in 1978 has been impressive, but the gains have not been distributed equally across provinces. We use a nonparametric approach to analyze the variation in labor productivity growth across China's provinces. This approach imposes less structure on the data than the standard growth accounting framework and allows for a breakdown of labor productivity into efficiency gains, technological progress, and capital deepening. We have the following results. First, we find that on average capital deepening accounts for about 75 percent of total labor productivity growth, while efficiency and technological improvements account for about 7 and 18 percent, respectively. Second, technical change is not neutral. Third, whereas improvement in efficiency contributes to convergence in labor productivity between provinces, technical change contributes to productivity disparity across provinces. Finally, we find that foreign direct investment has a positive and significant effect on efficiency growth and technical progress Online-Ausg International Monetary Fund Research Dept Sonstige oth http://elibrary.imf.org/view/IMF024/09725-9781589067950/09725-9781589067950/09725-9781589067950.xml Verlag URL des Erstveröffentlichers Volltext |
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| title_exact_search_txtP | IMF Staff Papers Volume 56, No. 2 |
| title_full | IMF Staff Papers Volume 56, No. 2 |
| title_fullStr | IMF Staff Papers Volume 56, No. 2 |
| title_full_unstemmed | IMF Staff Papers Volume 56, No. 2 |
| title_short | IMF Staff Papers |
| title_sort | imf staff papers volume 56 no 2 |
| title_sub | Volume 56, No. 2 |
| url | http://elibrary.imf.org/view/IMF024/09725-9781589067950/09725-9781589067950/09725-9781589067950.xml |
| work_keys_str_mv | AT internationalmonetaryfund imfstaffpapersvolume56no2 AT internationalmonetaryfundresearchdept imfstaffpapersvolume56no2 |