Search Result

Srl

Item

ID: 112728

Enigmas of TFP in China: a meta-analysis / Tian, Xu; Yu, Xiaohua

Yu, Xiaohua	Journal Article
	0 Rating(s) & 0 Review(s)

Publication

2012.

Summary/Abstract

This paper presents a meta-analysis of 5308 observations of total factor productivity growth (TFPG) in China from 150 primary studies to provide some insightful explanations to the controversies about productivity growth in China in the current literature. The main findings include that (1) the mean TFPG of the aggregate economy at the national level in the current literature is only about 2% after 1978, which barely contributes to 20% economic growth; (2) there are three cycles for TFPG after 1978 and each circle lasts about 10 years; (3) sector-specific TFPGs are generally larger than aggregate economic TFPGs; (4) regional disparities of TFPG are significant and specifically the TFPG in East China is higher than that in Central and West China; (5) TFPG after 1978 is in general greater than that before 1978; and (6) peer-review process and paper languages are significantly correlated with TFPG results.

Key Words

China ; Economic Growth ; Meta - Analysis ; TFP

In Basket

Export

ID: 181840

Localized implementation: economic and environmental impact of the belt and road initiative in China / Yin, Haitao; Hu, Yunyi; Tian, Xu

Yin, Haitao	Journal Article
	0 Rating(s) & 0 Review(s)

Summary/Abstract

China's overcapacities in manufacturing industries, including pollution-intensive industries, served as an important motivation of the Belt and Road Initiative (BRI). The popular Pollution Haven Hypothesis (PHH) therefore expects that the initiative will lead to the relocation of polluting industries from China to the recipients. Focusing on the implementation by local governments, we argue that actual outcomes of the BRI depend on the way local states and businesses respond to the BRI in accordance with their preferences. Through investigating industries’ actual responses to the BRI, we found that pollution-intensive industries have not relocated but rather expanded exports to the BRI countries. This has two implications: on the one hand, it alleviates the overcapacity issue in China and helps sustain the economic performance of the industry; on the other hand, it results in more pollution within Chinese borders and aggravates the environmental challenges facing the country.

Key Words

Trade ; Foreign investment ; Environmental Impacts ; Belt and Road Initiative ; BRI

Links

'Full Text'

In Basket

Export