Brandt, Loren; Van Biesebroeck, Johannes; Zhang, Yifan - In: Journal of Development Economics 97 (2012) 2, pp. 339-351
We present the first comprehensive set of firm-level total factor productivity (TFP) estimates for China … creative destruction. Over the entire period, net entry accounts for over two thirds of total TFP growth. In contrast to … earlier studies looking at total non-agriculture including services, we find that TFP growth dominates input accumulation as a …