 POST‐REFORM PRODUCTIVITY PERFORMANCE AND SOURCES OF GROWTH IN CHINESE INDUSTRY: 1980–85Robert H. McGuckin, Sang Nguyen, Jeffrey R. Taylor and Charles A. Waite Review of Income and Wealth, 1992, vol. 38, issue 3, 249-266 Abstract: This paper examines the productivity growth and its sources in 39 Chinese industries in the post‐reform period 1980–85. We use both the gross‐output and value‐added models to isolate the contributions of labor, capital, materials and technical efficiency to growth in industrial output. Using new data from the National Industrial Census of China (1988) for large and medium‐size enterprises, we find that Chinese industries, in particular, those in the manufacturing experienced sharp increases in total factor productivity growth in the 1984–85 period as compared to the 1980–84 period. Moreover, collective and private enterprises show higher output and total factor productivity gains than do state enterprises. Our regression results show that total factor productivity gains are closely tied to increases in retained profits and the proportion of total employees that are technical workers. However, labor bonuses have a negative effect on total factor productivity growth. Date: 1992 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:revinw:v:38:y:1992:i:3:p:249-266 Ordering information: This journal article can be ordered from Access Statistics for this article Review of Income and Wealth is currently edited by Conchita D'Ambrosio and Robert J. Hill More articles in Review of Income and Wealth from International Association for Research in Income and Wealth Contact information at EDIRC. |
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