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agriculture declines while labor productivity increases in agriculture more than in other sectors. We construct a unified theory of … decline and modernization of agriculture. As capital accumulates, agriculture becomes increasingly capital intensive as modern … agriculture crowds out traditional agriculture. Structural change accelerates in booms and slows down in recessions. We estimate …
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estimates reveal a marked slowdown in revenue-based total factor productivity growth that cuts across all industries, ownership … productivity growth are especially prominent. …
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to rapid economic growth led by industrialization? Also examined is what effect does excessive economic growth rates have …
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and improving technical efficiency will contribute to improving China's agricultural productivity …
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increasing concern about the potential negative effects of moving labor away from agriculture on China’s future food security …
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growth, we examine the sources of change in agricultural production and total factor productivity (TFP) and decompose the …
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The rapid growth of China and, more recently, of India, is having major effects on every facet of the global economy. The supply of labor-intensive manufactured exports (from China in particular) has been accompanied by a huge expansion in their imports both of raw materials and of...
Persistent link: https://www.econbiz.de/10014216172
The People's Republic of China (PRC) has been undergoing marvelous industrialization and manufacturing development in … productivity of manufacturing, when they were in and out of the middle-income stages. We find that (1) the share of manufacturing …, the drastic improvement in the productivity of manufacturing by industrial restructuring is also prominent. The PRC is …
Persistent link: https://www.econbiz.de/10011667026