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Monthly Industrial Output in China Since 1983
Holz, Carsten A. - 2013
Monthly economic indicators are used for a variety of purposes, from studying business cycles to determining economic policy and making informed business decisions. China's published monthly industrial output statistics could hardly be more confusing, with changes in variables, in coverage, in...
Persistent link: https://www.econbiz.de/10013088423
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The Return to Capital in China
Bai, Chong-En - 2019
China's investment rate is one of the highest in the world, which naturally leads one to suspect that the return to capital in China must be quite low. Using the data from China's national accounts, we estimate the rate of return to capital in China. We find that the aggregate rate of return to...
Persistent link: https://www.econbiz.de/10012861065
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Understanding the Slowing Growth Rate of the People's Republic of China
Perkins, Dwight H. - In: Asian Development Review 32 (2015) 1, pp. 1-30
It is increasingly accepted that the gross domestic product (GDP) growth rate of the People's Republic of China (PRC … double-digit GDP growth. On the demand side, a low share of household income in GDP has required the PRC to maintain an … resources. Finally, the PRC has reached the point where the manufacturing share of GDP has peaked and will begin to decline as …
Persistent link: https://www.econbiz.de/10011255219
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Review Article on The World Economy: A Millennial Perspective by Angus Maddison
Sharpe, Andrew - In: International Productivity Monitor 3 (2001) Fall, pp. 69-78
, with particular emphasis on his estimates of population, real GDP, and real GDP per capita for very long periods, going …
Persistent link: https://www.econbiz.de/10005518964
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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
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China's march to prosperity : reforms to avoid the middle-income trap
Koen, Vincent; Herd, Richard; Hill, Sam - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
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Structural Transformation and Allocation Efficiency in China and India
Di Stefano, Enrica - 2017
Market frictions prevent the efficient allocation of factors of production, slow down structural transformation and lead to costs in terms of lower output and aggregate total factor productivity (TFP). We use a theoretical framework developed by Aoki (2012) featuring sector-specific frictions on...
Persistent link: https://www.econbiz.de/10012960923
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China's Declining Business Dynamism
Cerdeiro, Diego; Ruane, Cian - 2022
After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to analyze productivity and firm dynamism trends from 2003 to 2018. We document six facts that together show a decline in China’s business dynamism. We show that (i) the revenue share...
Persistent link: https://www.econbiz.de/10013295127
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What 31 provinces reveal about growth in China
Kerola, Eeva; Mojon, Benoît - 2021
increasingly more difficult after the real GDP doubling target was announced in 2012 and the official real GDP statistics lost …
Persistent link: https://www.econbiz.de/10012614250
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China Is Not yet Number One
Frankel, Jeffrey - In: Frontiers of Economics in China 10 (2015) 1, pp. 1-6
Many claim that China will soon overtake the US. I argue that this claim is based on a misuse of statistics. The International Comparison Program (ICP) price data is necessary to compare living standards, since a dollar¡¯s worth of yuan buys more in China than a dollar buys in the US. But the...
Persistent link: https://www.econbiz.de/10011210497