INPUT-OUTPUT-BASED GENUINE VALUE ADDED AND GENUINE PRODUCTIVITY IN CHINA'S INDUSTRIAL SECTORS (1995-2010)

被引:1
|
作者
Gao, Yuning [1 ]
Zheng, Yunfeng [1 ]
Hu, Angang [1 ]
机构
[1] Tsinghua Univ, Sch Publ Policy & Management, Beijing 100084, Peoples R China
来源
SINGAPORE ECONOMIC REVIEW | 2018年 / 63卷 / 02期
关键词
Genuine savings method; total factor productivity; input-output method; China;
D O I
10.1142/S0217590817400082
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper recalculates value added, capital formation, capital stock and related multifactor productivity in China's industrial sectors by further developing the genuine savings method of the World Bank. The sector-level natural capital loss was calculated using China's official input-output table and their extensions for tracing final consumers. The capital output elasticity in the productivity estimation was adjusted based on these tables. The results show that although the loss of natural capital in China's industrial sectors in terms of value added has slowed, the impacts on their productivity during the past decades is still quite clear.
引用
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页码:213 / 228
页数:16
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