Please use this identifier to cite or link to this item:
|Title:||The nature of China's economic growth in the past two decades||Authors:||Liu, Z.||Issue Date:||2000||Citation:||Liu, Z. (2000). The nature of China's economic growth in the past two decades. Post-Communist Economies 12 (2) : 201-214. ScholarBank@NUS Repository.||Abstract:||The Chinese economy has grown at record rates since the start of the market-oriented reforms in 1978. Motivated by the Asian productivity debate, this article provides an assessment of the role of total factor productivity in China's economic growth in the past two decades. We identify four main factors in the productivity growth: efficiency gain at the micro level; improvement in resource allocation; diffusion of technology through foreign direct investment; and improvement in infrastructure. We also argue that further state-owned enterprise and banking reforms, an emerging entrepreneurial class and greater research and development efforts are additional driving forces for the medium to long-term total factor productivity growth in China.||Source Title:||Post-Communist Economies||URI:||http://scholarbank.nus.edu.sg/handle/10635/130552||ISSN:||14631377|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on May 17, 2019
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.