Whither Chinese Growth? A Sectoral Growth Accounting Approach
Robert Dekle () and
Guillaume Vandenbroucke
Review of Development Economics, 2010, vol. 14, issue 3, 487-498
Abstract:
We perform a growth‐accounting exercise for Chinese economic growth from 1978 to 2003, by decomposing Chinese growth in GDP per labor into the contributions arising from the agricultural, public, and private sectors; and the contribution arising from the reallocations of labor among these three sectors. The greatest contributor to overall labor productivity growth (contributing 30% of the overall) is the growth in total factor productivity in the private nonagricultural sector. The next largest contributor (26% of the overall) is the reallocation of labor from the agricultural sector to the nonagricultural sector.
Date: 2010
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https://doi.org/10.1111/j.1467-9361.2010.00566.x
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