Genuine output and genuine productivity of China's provinces: a multiregional input-output analysis

Yuning Gao, Lu Yufeng, Bo Meng and Yu Miao

No 638, IDE Discussion Papers from Institute of Developing Economies, Japan External Trade Organization(JETRO)

Abstract: This paper recalculates value added, capital formation, capital stock, and related multifactor productivity for China's provinces by expanding on the genuine savings method proposed by the World Bank. Specifically, we construct China's time-series multiregional input?output tables to account for the natural resource depletion and environmental damage that affect genuine output when considering inter-provincial trade. The results show that although the loss of natural capital in China's provinces in terms of value added and investment has declined, the impact on productivity during the past decades is still significant and has even increased during the past decades.

Keywords: Productivity; Input-output tables; Sustainable development; Genuine savings method; Total factor productivity; Multiregional input–output method; China (search for similar items in EconPapers)
JEL-codes: D24 D57 O47 Q01 (search for similar items in EconPapers)
Date: 2017-03
New Economics Papers: this item is included in nep-cna, nep-hme and nep-tra
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Published in IDE Discussion Paper = IDE Discussion Paper, No. 638. 2017-03

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