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In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U ….S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm …
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emerging one with rapid pace of technological change, China's industrial and S&T policies have indeed led to rapid productivity …Existing explanations of China's dramatic economic growth since 1978 have neglected a key piece of the China Puzzle …, that is, China since 1978 has been a typical “East Asian Developmental State (EADS)” with a long socialist legacy that …
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This paper examines and applies the theoretical foundation of the decomposition of economic and productivity growth to … the thirty provinces in China's post-reform economy. The four attributes of economic growth are input growth, adjusted … incorporated with human capital is used to estimate the growth attributes in China. The empirical results show that input growth is …
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We offer a macroeconomic assessment of China’s Reform Period, highlighting several neglected channels underlining its … then draw upon our estimated framework to rationalize China’s high and rising savings ratio as well as the dynamic nature …
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