Showing 1 - 10 of 28
This paper employs a fully nonparametric stochastic frontier model with time and individual effects to study technical efficiency in China's post-reform economy. The panel data cover China's thirty provinces for the period of 1985-2008. The empirical results show that the average output...
Persistent link: https://www.econbiz.de/10013012053
This paper employs a fully nonparametric stochastic frontier model with time and individual effects to study technical efficiency in China's post-reform economy. The panel data cover China's thirty provinces for the period of 1985–2008. The empirical results show that the average output...
Persistent link: https://www.econbiz.de/10011260500
By relaxing the two assumptions of constant returns to scale and perfect competition in the product market used by Solow (1957), this paper identifies a new decomposition of economic and productivity growth. The sources of economic growth are; adjusted economies of scales effect, weighted sum of...
Persistent link: https://www.econbiz.de/10005163062
This paper constructs China's capital stock, which is used in conjunction with a labor variable to estimate a Cobb-Douglas production function for the Chinese economy. Two panels of data are used one for capital formation and one for sources of investment finance. Both national and provincial...
Persistent link: https://www.econbiz.de/10010369161
This article examines the growth attributes of manufacturing industries in China for the sample period of 1999–2007. The output growth of manufacturing industries classified under four groups and four regions is decomposed into four components of input growth, scale effect, technical progress,...
Persistent link: https://www.econbiz.de/10013096923
By using the sources of investment and based on provincial data, this paper examines the efficiency performance of the four sources of total investment in fixed assets in China for the period 1985-1998: state budget appropriation, national bank loans, self-raised funds, and foreign investment....
Persistent link: https://www.econbiz.de/10013011152
This paper examines the economic performance of financial resources in China's provinces for the period 1985-1998. The empirical results indicate that different financial resources have different impacts on the economic growth. The growth of national bank loans and self-raised funds are...
Persistent link: https://www.econbiz.de/10013011156
This article attempts to account for China's economic growth in terms of labor, capital, and total factor productivity by estimating a Cobb-Douglas production function using official Chinese data. It is an extension of Gregory C. Chow's earlier work in 1993 and has two purposes: to find out...
Persistent link: https://www.econbiz.de/10013011180
This paper contributes to the globalization debate by studying the overall effect on growth of openness and indigenous factors. The empirical results show that the openness factors averagely promote growth whereas the indigeneity factors have a negative effect on growth. The conclusion is robust...
Persistent link: https://www.econbiz.de/10013012045
A loose financial policy through the provision of loans and fiscal subsidies to state-owned enterprises and households has long been practiced in China, though financial liberalization since the 1980s has revitalized banks and other institutions. By using provincial data, this paper attempts to...
Persistent link: https://www.econbiz.de/10012832375