| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w15152 |
| 来源ID | Working Paper 15152 |
| Creative Accounting or Creative Destruction? Firm-level Productivity Growth in Chinese Manufacturing | |
| Loren Brandt; Johannes Van Biesebroeck; Yifan Zhang | |
| 发表日期 | 2009-07-09 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | We present the first comprehensive set of firm-level total factor productivity estimates for China's manufacturing sector that spans her entry into WTO. We find that productivity growth is among the highest compared to other countries. For our preferred estimate, the weighted average annual productivity growth for incumbents is 2.7% for a gross output production function and 7.7% for a value added production function over the period 1998-2006. Of the various sensitivity checks we carry out, controlling for the increase in labor quality and labor hours, as proxied by the rising real wage, has the largest (downward) effect on the productivity estimates. We further document that new entrants are a particularly dynamic force and that firms experience large productivity declines before exiting from the sample. Overall, net entry contributes roughly half to total TFP growth. Aggregate productivity growth, however, is tempered by a much lower effect of reallocation of inputs towards higher productivity firms, compared to the U.S. benchmark. |
| 主题 | Microeconomics ; Households and Firms ; Development and Growth ; Development |
| URL | https://www.nber.org/papers/w15152 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572827 |
| 推荐引用方式 GB/T 7714 | Loren Brandt,Johannes Van Biesebroeck,Yifan Zhang. Creative Accounting or Creative Destruction? Firm-level Productivity Growth in Chinese Manufacturing. 2009. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w15152.pdf（554KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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