China's economy grew by an impressive 10 percent per year over four decades. Productivity improvements within sectors … and gains from resource reallocation between sectors and ownership groups drove that expansion. However, productivity … allocation to more productive firms were associated with slower manufacturing total factor productivity growth. Earlier reforms …

changes in the contribution of capital productivity, capital intensity and labour participation to the growth rate of output …, decomposition to assess both the contribution of both capital productivity and capital intensity to total factor productivity (TFP …, rather than capital productivity or labour participation, has been the main growth contributor. But this does not mean that …