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China's Manufacturing Industry in an International Perspective: A China-Germany Comparison

Ren Ruoen and Bai Manying

Economie Internationale, 2002, issue 92, 103-130

Abstract: This study is the first attempt to compare China's economic performance with that of a European country following the approach of International Comparison of Output and Productivity (ICOP) developed by the Groningen University. The estimation of China's manufacturing output and value-added obtained with this method shows that China's labor productivity in 1995 was about 7 percent of the German level when small rural entreprises are excluded from the Chinese data, and was 5 percent of the German level when they are included.

Keywords: China; Labour Productivity; Relative Price Level (search for similar items in EconPapers)
JEL-codes: E31 J24 L60 (search for similar items in EconPapers)
Date: 2002
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