of China (PRC) as a new source of demand and growth. The central objective of this paper is to empirically assess whether …

People's Republic of China (PRC) as a globally influential economic force is fueling hopes that it can supplement the US as …

of China (PRC) as a new source of demand and growth. The central objective of this paper is to empirically assess whether …

productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that … world productivity growth was led by fast-growing newly emerging economies, whereas most developed countries experienced a … decrease in productivity growth. Technical efficiency change significantly contributed to economic growth for many fast …