Can China’s Growth be Sustained? A Productivity Perspective

Jinghai Zheng (), Arne Bigsten () and Angang Hu ()
Additional contact information
Jinghai Zheng: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: Box 640, SE 405 30 GÖTEBORG
Angang Hu: Center for China Studies, School of Public Policy and Management, Postal: Tsinghua University, Beijing, China

No 236, Working Papers in Economics from University of Gothenburg, Department of Economics

Abstract: China’s unorthodox approach to economic transition has resulted in sustained high growth. However, in recent years Chinese economists have increasingly referred to the growth pattern as “extensive”, generated mainly through the expansion of inputs. Our investigation of the Chinese economy during the reform period finds that reform measures often resulted in one-time level effects on TFP. China now needs to adjust its reform program towards sustained increases in productivity. Market and ownership reforms, and open door policies have improved the situation under which Chinese firms operate, but further institutional reforms are required to consolidate China’s move to a modern market economy.

Keywords: Growth; Productivity; China (search for similar items in EconPapers)
JEL-codes: D24 O47 O53 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2006-11-28
New Economics Papers: this item is included in nep-cna, nep-dev, nep-eff, nep-ppm, nep-sea and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Forthcoming in World Development, 2009.

Downloads: (external link)
http://hdl.handle.net/2077/2855 (text/html)

Related works:
Journal Article: Can China's Growth be Sustained? A Productivity Perspective (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:gunwpe:0236

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Papers in Economics from University of Gothenburg, Department of Economics Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Jessica Oscarsson ().