Showing 1 - 10 of 2,307
China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country … major financial or economic crash. With a shrinking labor force and declining efficiency of investment, raising productivity …
Persistent link: https://www.econbiz.de/10014250169
take this classic question to the data by measuring the spillover e¤ects of China's productivity growth. Our framework … the spillover e¤ects of China's productivity growth are small causing the real incomes of China's trading partners to …How does a country's productivity growth a¤ect worldwide real incomes through international trade? In this paper, we …
Persistent link: https://www.econbiz.de/10012461879
, distortions in the supply of non-traded inputs, and perverse incentives for informality creates a drag on productivity growth … that China sells, rather than goods that China buys. I assess evidence from recent literature on these arguments and …
Persistent link: https://www.econbiz.de/10012462187
We present the first comprehensive set of firm-level total factor productivity estimates for China's manufacturing … sector that spans her entry into WTO. We find that productivity growth is among the highest compared to other countries. For … our preferred estimate, the weighted average annual productivity growth for incumbents is 2.7% for a gross output …
Persistent link: https://www.econbiz.de/10012463498
We compare the recent economic performances of China and India using a simple growth accounting framework that produces … estimates of the contribution of labor, capital, education, and total factor productivity for the three sectors of agriculture …-2004, and an acceleration of growth when the period is divided at 1993. However, the magnitude of output growth in China is …
Persistent link: https://www.econbiz.de/10012465713
and widely taking place in China, it is much less known whether and to what extent privatization has improved resource … allocation and productivity. As a first step toward the fuller understanding of the effect of privatization, this study … economic growth in the 1980s. Our empirical results indicate that productivity was significantly enhanced by the recent …
Persistent link: https://www.econbiz.de/10012469077
China from the extraordinary into the mundane. Systematic understatement of inflation by enterprises accounts for 2 … remainder. The productivity performance of the non-agricultural economy during the reform period is respectable, but not …
Persistent link: https://www.econbiz.de/10012470887
US, China, and India reveals substantial losses in productivity and output due to the informational friction. Our … estimates for these losses range from 7-10% for productivity and 10-14% for output in China and India, and are smaller, though …We propose a theory linking imperfect information to resource misallocation and hence to aggregate productivity and …
Persistent link: https://www.econbiz.de/10012458327
OECD growth rate of 2% we find that trade integration with low-wage countries in the decade around China's WTO accession ….7%. China accounts for about half of these growth increases …
Persistent link: https://www.econbiz.de/10012458713
of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in … services have also grown significantly in terms of both value-added share and productivity. The results are robust to different …
Persistent link: https://www.econbiz.de/10013334489