The Total Reallocation Effect in China's Structural Change

被引：0
|
作者：
Jie, Wen [1 ]
机构：
[1] Huazhong Univ Sci & Technol, Sch Econ, Wuhan, Peoples R China
来源：
EBM 2010: INTERNATIONAL CONFERENCE ON ENGINEERING AND BUSINESS MANAGEMENT, VOLS 1-8 | 2010年
关键词：
Proceedings Economic Growth; Structural Change; Total Factor Productivity; Total Reallocation Effect;
D O I：
暂无
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
We recalculate The Total Reallocation Effect in China's structural change, taking into account variable factor output elasticity along with an extended estimate for China's capital stock by sector based on Xu (2007). It is found that The Total Reallocation Effect has always been an important source of China's economic growth, and it has contributed to 21.5% and 7.9% of the total factor productivity and economic growth respectively. The changing tendency is consistent with the multi-country model continuous growth in the middle and later period and then gradually reaches to the climax. It illustrates that the potential of The Total Reallocation Effect in China's structural change The China's economy can still gain significant benefits from structural change in future, since the large dispersion between sectors' factor marginal products.
引用
收藏
页码：5864 / 5867
页数：4
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