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There has been some controversy concerning the rate of growth of total factor productivity after economic reform started in China in 1978. It is the purpose of this note to present evidence to show that an annual rate of increase of about 2.7% is reliable and that the capital elasticity of...
Persistent link: https://www.econbiz.de/10005268948
This paper addresses issues raised in 'The Background of China's Planning Institutional Reform' circulated in advance of the International Conference on China's Planning System Reform, held on 24-25 March 2004 in Beijing. The discussion is structured around four topics: (1) the scope of...
Persistent link: https://www.econbiz.de/10005472371