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Productivity, Efficiency and Economic Growth in China

2008-10-23 Business & Economics
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Release : 2008-10-23
Genre : Business & Economics
Kind : eBook
Book Rating : 259/5 ( reviews)

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Book Synopsis Productivity, Efficiency and Economic Growth in China by : Y. Wu

Download or read book Productivity, Efficiency and Economic Growth in China written by Y. Wu. This book was released on 2008-10-23. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a detailed insight into productivity, efficiency and growth in the Chinese economy, and offers results on capital stock and ICT capital estimates (at both national and regional levels) which will be an important resource for readers.

Productivity, Efficiency and Reform in China's Economy

1995 Business & Economics
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Release : 1995
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Productivity, Efficiency and Reform in China's Economy by : Kai Yuen Tsui

Download or read book Productivity, Efficiency and Reform in China's Economy written by Kai Yuen Tsui. This book was released on 1995. Available in PDF, EPUB and Kindle. Book excerpt:

China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach

2019-11-27 Business & Economics
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Release : 2019-11-27
Genre : Business & Economics
Kind : eBook
Book Rating : 357/5 ( reviews)

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Book Synopsis China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach by : Min Zhu

Download or read book China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach written by Min Zhu. This book was released on 2019-11-27. Available in PDF, EPUB and Kindle. Book excerpt: China’s growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the “middle-income trap” and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level aggregates, which are ill suited to understanding China’s significant structural transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China’s convergence progress in 38 industrial sectors and 11 services sectors, examines past sectoral transitions, and predicts future shifts. We find that China’s productivity convergence remains at an early stage, with the industrial sector more advanced than services. Large variations exist among subsectors, with high-tech industrial sectors, in particular the ICT sector, lagging low-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural shift from industry to services, and demographic changes will put sustained downward pressure on growth, which could slow to 5 percent by 2025 and 4 percent by 2030. Digitalization, SOE reform, and services sector opening up could be three major forces boosting future growth, while the risks of a financial crisis and a reversal in global integration in trade and technology could slow the pace of convergence.

Changes in Production Efficiency in China

2013-08-30 Technology & Engineering
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Release : 2013-08-30
Genre : Technology & Engineering
Kind : eBook
Book Rating : 204/5 ( reviews)

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Book Synopsis Changes in Production Efficiency in China by : Bing Xu

Download or read book Changes in Production Efficiency in China written by Bing Xu. This book was released on 2013-08-30. Available in PDF, EPUB and Kindle. Book excerpt: Evaluating Production Efficiency in China examines production from engineering and statistics perspectives rather than from economics and mathematics perspectives. The authors present an observable benchmark as the criterion of the production efficiency to replace the unobservable production frontier surface. This book discusses several different computing technologies, controllable variable as a path of identification, changes in production efficiency by decision making on specific operating conditions, and optimal resource allocation. The book provides a channel to tap inside the success stories of China, exploiting the way of changes in production efficiency during China’s development in the past 30 years. This book examines the concepts and realization of production efficiencies across all areas of the economy. Also the book provides the perspective of foreign direct investment (FDI) absorption to identify how Chinese economy changes in production efficiency.

A Research on China’s Economic Growth Potential

2017-06-26 Business & Economics
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Release : 2017-06-26
Genre : Business & Economics
Kind : eBook
Book Rating : 742/5 ( reviews)

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Book Synopsis A Research on China’s Economic Growth Potential by : Chong-en Bai

Download or read book A Research on China’s Economic Growth Potential written by Chong-en Bai. This book was released on 2017-06-26. Available in PDF, EPUB and Kindle. Book excerpt: After impressive growth of about 10% per annum for three decades, China's visible signs of economic slowdown since 2008 have been subject to much contention. What causes the deceleration? What should we expect in an era of China's 6% growth? This book answers these questions in three parts. Although it is widely accepted that China can hardly continue its high-speed growth model, estimations for its future growth potential differ greatly. The first part of this book predicts China's growth to 2050, which considers both cross-country historical experiences and China's own demographic structure and employment participation features. In the second part, the book offers a comprehensive estimation of China's national and provincial total factor productivity (TFP) over the period of 1978 to 2014 based on comparable data. It then analyzes the causes of China's economic slowdown from a productivity point of view. Finally, this book correspondingly outlines policy recommendations, including supply-side structural reform and macroeconomic policy frameworks, to effectively address the issue of decline in both labor and labor productivity growth. This book will attract scholars and students of economics and China's economic studies.

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