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ID082897
Title ProperOpenness, human capital and total factor productivity
Other Title Informationevidence from China
LanguageENG
AuthorXu, Helian ;  Lai, Mingyong ;  Qi, Peng
Publication2008.
Summary / Abstract (Note)This paper examines the drivers behind China's economic growth. In particular, it focuses on the channels of knowledge spillovers: human capital and openness to trade and foreign direct investment. The specific features of the study include using the most recent comprehensive panel data consisting of 29 provinces during the period 1994-2006 and performing unit root and cointegration tests in the panel data framework. The paper finds that human capital, trade and FDI are the significant determinants of total factor productivity, but their importance varies with technological levels of provinces. These findings have important policy implications.
`In' analytical NoteJournal of Chinese Economics and Business Studies Vol. 6, No.3; Aug 2008: p279-289
Journal SourceJournal of Chinese Economics and Business Studies Vol. 6, No.3; Aug 2008: p279-289
Key WordsOpenness ;  Human Capital ;  Economic Growth ;  Panel Data