Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/145118
Title: Productivity dynamics of Chinese manufacturing firms
Authors: Feng, Qu
Wang, Zhifeng
Wu, Laura Guiying
Keywords: Social sciences::Economic development
Issue Date: 2019
Source: Feng, Q., Wang, Z., & Wu, L. G. (2019). Productivity dynamics of Chinese manufacturing firms. Singapore Economic Review, 64(4), 899-919. doi:10.1142/S0217590817450047
Journal: Singapore Economic Review
Abstract: China has experienced high-speed catch-up growth with an average annual rate of over 8% in per capita GDP in the past four decades. Using growth accounting, Zhu (Understanding China’s growth: Past, present, and future. Journal of Economics Perspectives, 26(4), 103–124) finds that the growth of total factor productivity (TFP) accounts for 77% of China’s per capita GDP growth during 1978–2007, and argues that China’s TFP growth is mainly driven by resource reallocation due to market liberalization and institutional reforms. This paper aims to estimate China’s aggregate productivity growth by applying three leading methods of estimating firm-level production function on Chinese manufacturing firms during 1998–2007, and quantify the contribution of resource reallocation to productivity growth. In addition, we also empirically compare the three estimation methods in this large data set.
URI: https://hdl.handle.net/10356/145118
ISSN: 0217-5908
DOI: 10.1142/S0217590817450047
Rights: Electronic version of an article published as Singapore Economic Review, Vol. 64, No. 4, 2019, 899–919, https://doi.org/10.1142/S0217590817450047 @ copyright World Scientific Publishing Company, http://www.worldscientific.com/worldscinet/ser.
Fulltext Permission: open
Fulltext Availability: With Fulltext
Appears in Collections:SSS Journal Articles

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