Role of TFP in China's Growth *

Nazrul Islam (), Erbiao Dai and Hiroshi Sakamoto

Asian Economic Journal, 2006, vol. 20, issue 2, pages 127-159

Abstract: This paper uses the dual approach to growth accounting to examine the role of total factor productivity (TFP) in recent Chinese growth. Most previous growth accounting studies on China have followed the primal approach, which depends heavily on the national income accounts. Unfortunately, despite efforts to rectify them, Chinese national income accounts data continue to have problems that affect primal approach growth accounting results. The dual approach, in contrast, allows independent price information to play a role. Recent research has focused on the following two questions: (i) How significant has TFP's role been in post-reform Chinese growth? (ii) Has TFP growth rate slowed down in more recent years? This paper finds that: (i) the TFP growth rate for mainland China computed using the dual approach also proves high; and (ii) there has been some slowdown in TFP growth rate in recent years. Copyright 2006 East Asian Economic Association and Blackwell Publishing Ltd..

View citations in EconPapers

Downloads: (external link)
http://www.blackwell-synergy.com/servlet/useragent ... &year=2006&part=null link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1351-3958

Access Statistics for this article

Asian Economic Journal is edited by Sung Yun-Wing and Shigeyuki Abe

More articles in Asian Economic Journal from East Asian Economic Association
Series data maintained by Christopher F. Baum ().