Factor Function Characteristics and Origin of Economic Growth of China

in Frontiers of Economics in China
Restricted Access
Get Access to Full Text
Rent on DeepDyve

Have an Access Token?



Enter your access token to activate and access content online.

Please login and go to your personal user account to enter your access token.



Help

Have Institutional Access?



Access content through your institution. Any other coaching guidance?



Connect

The paper makes an empirical study on factor contribution and its stage variation characteristics during 1952–2005 and 1978–2005 in China. GMM and OLS tests show that the robustness and significance level of the institution, the physical capital and human capital’s contributions are much higher than other factors, and 70% of economic growth is boosted by the capital and the labor input. Factor contribution decomposition and TFP growth indicate trade has the most remarkable influence on economic growth. The state space model finds that physical capital, human capital, technological progress, finance, trade and institution have different effects on economic growth in different periods. Namely, factor contribution does have the characteristics of stage variation.

Factor Function Characteristics and Origin of Economic Growth of China

in Frontiers of Economics in China

Information

Content Metrics

Content Metrics

All Time Past Year Past 30 Days
Abstract Views 10 10 2
Full Text Views 7 7 5
PDF Downloads 3 3 1
EPUB Downloads 0 0 0