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We compare the recent economic performances of China and India using a simple growth accounting framework that produces …-2004, and an acceleration of growth when the period is divided at 1993. However, the magnitude of output growth in China is … China the post-1993 acceleration was concentrated mostly in industry, which contributed nearly 60 percent of China …
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human capital to China's economic growth. The results indicate that human capital plays a much more important role in China … enrollment in China increased nearly fivefold between 1997 and 2007) while growth rates of GDP are little changed over the period … that there have been decreased in the efficiency of inputs usage in China or worsened misallocation of physical and human …
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