Whither Chinese Growth? A Sectoral Growth Accounting Approach
We perform a growth-accounting exercise for Chinese economic growth from 1978 to 2003, by decomposing Chinese growth in GDP per labor into the contributions arising from the agricultural, public, and private sectors; and the contribution arising from the reallocations of labor among these three sectors. The greatest contributor to overall labor productivity growth (contributing 30% of the overall) is the growth in total factor productivity in the private nonagricultural sector. The next largest contributor (26% of the overall) is the reallocation of labor from the agricultural sector to the nonagricultural sector. Copyright (C) 2010 Blackwell Publishing Ltd.
Year of publication: |
2010
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Authors: | Dekle, Robert ; Vandenbroucke, Guillaume |
Published in: |
Review of Development Economics. - Wiley Blackwell. - Vol. 14.2010, s1, p. 487-498
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Publisher: |
Wiley Blackwell |
Saved in:
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