The authors study the sources and pattern of China's impressive economic growth over the past 25 years and show that key issues currently of concern to policymakers-widening inequality, rural poverty, and resource intensity-are to a large extent rooted in China's growth strategy, and resolving them requires a rebalancing of policies. Using both macroeconomic level and sector data and analyses, the authors extend the growth accounting framework to decompose the sources of labor productivity growth. They find that growth of industrial production, led by a massive investment effort that boosted the capital/labor ratio, has been the single most important factor driving GDP and overall labor productivity growth since the early 1990s. The shift o...
This study develops an analytical framework to account for sources of rapid economic growth in China...
Research background: China's economic growth, however remarkable, is due to the Harrod-Domar nature ...
China's rapid growth has been driven by policy reforms that significantly reduce market frictions. P...
This paper studies the sources and pattern of China’s impressive economic growth over the last 25 ye...
The development path that the People's Republic of China (PRC) has been following during the past th...
China’s rapid growth and success in poverty reduction over the last three decades has inspired world...
In the past 40 years, China's growth has been phenomenal. Since the global financial crisis and the ...
SummaryThere have been many papers recently (both theoretical and empirical) analyzing the problem o...
The purpose of this paper is to analyse China’s current problems in inequality and compensation of e...
For more than a quarter of a century, China has experienced a significant economic growth. Yet, this...
Abstract. After several decades of widely admired success in raising its gross national product (GNP...
China’s economic reform has been successful, making it become a major economic power. Largely relied...
We show how regional growth patterns in China depend on physical,, human, and infrastructure capital...
This paper carries out a pilot empirical study on how income inequality affects growth and the macro...
China’s economic transformation is proceeding at different rates across different regions and sector...
This study develops an analytical framework to account for sources of rapid economic growth in China...
Research background: China's economic growth, however remarkable, is due to the Harrod-Domar nature ...
China's rapid growth has been driven by policy reforms that significantly reduce market frictions. P...
This paper studies the sources and pattern of China’s impressive economic growth over the last 25 ye...
The development path that the People's Republic of China (PRC) has been following during the past th...
China’s rapid growth and success in poverty reduction over the last three decades has inspired world...
In the past 40 years, China's growth has been phenomenal. Since the global financial crisis and the ...
SummaryThere have been many papers recently (both theoretical and empirical) analyzing the problem o...
The purpose of this paper is to analyse China’s current problems in inequality and compensation of e...
For more than a quarter of a century, China has experienced a significant economic growth. Yet, this...
Abstract. After several decades of widely admired success in raising its gross national product (GNP...
China’s economic reform has been successful, making it become a major economic power. Largely relied...
We show how regional growth patterns in China depend on physical,, human, and infrastructure capital...
This paper carries out a pilot empirical study on how income inequality affects growth and the macro...
China’s economic transformation is proceeding at different rates across different regions and sector...
This study develops an analytical framework to account for sources of rapid economic growth in China...
Research background: China's economic growth, however remarkable, is due to the Harrod-Domar nature ...
China's rapid growth has been driven by policy reforms that significantly reduce market frictions. P...