Industrial and Aggregate Measures of Productivity Growth in China, 1982–2000

29 Pages Posted: 23 Jun 2009

See all articles by Jing Cao

Jing Cao

Southern Methodist University (SMU)

Mun S. Ho

Resources for the Future

Dale W. Jorgenson

Harvard University - Department of Economics; National Bureau of Economic Research (NBER); Harvard University - Harvard Kennedy School (HKS)

Ruoen Ren

Beihang University (BUAA)

LinLin Sun

Beihang University (BUAA)

Ximing Yue

School of Finance, Renmin University of China

Abstract

We estimate productivity growth for 33 industries covering the entire Chinese economy using a time series of input–output tables covering 1982–2000. Capital input is measured using detailed investment data by asset and labor input uses demographic information from household surveys. We find a wide range of productivity performance at the industry level. We then show how these industry growth accounts may be consistently aggregated to deliver a decomposition of aggregate GDP growth. For the 1982–2000 period aggregate TFP growth was 2.5 percent per year; decelerating from a rapid rate in the early 1980s to negative growth during 1994–2000. The main source of growth during the 1982–2000 period was capital accumulation, with a small negative contribution from the reallocation of factors across industries.

Suggested Citation

Cao, Jing and Ho, Mun S. and Jorgenson, Dale W. and Ren, Ruoen and Sun, LinLin and Yue, Ximing, Industrial and Aggregate Measures of Productivity Growth in China, 1982–2000. Review of Income and Wealth, Vol. 55, Issue s1, pp. 485-513, July 2009, Available at SSRN: https://ssrn.com/abstract=1424162 or http://dx.doi.org/10.1111/j.1475-4991.2009.00328.x

Jing Cao (Contact Author)

Southern Methodist University (SMU) ( email )

6212 Bishop Blvd.
Dallas, TX 75275
United States

Mun S. Ho

Resources for the Future ( email )

1616 P Street, NW
Washington, DC 20036
United States

Dale W. Jorgenson

Harvard University - Department of Economics ( email )

Littauer Center
Room 122
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National Bureau of Economic Research (NBER)

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Harvard University - Harvard Kennedy School (HKS) ( email )

79 John F. Kennedy Street
Cambridge, MA 02138
United States

Ruoen Ren

Beihang University (BUAA)

37 Xue Yuan Road
Beijing 100083
China

LinLin Sun

Beihang University (BUAA)

37 Xue Yuan Road
Beijing 100083
China

Ximing Yue

School of Finance, Renmin University of China ( email )

Room B906
Xianjin Building
Beijing, Beijing
China

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