Original paper

Creative accounting or creative destruction? Firm-level productivity growth in Chinese manufacturing

Volume: 97, Issue: 2, Pages: 339 - 351
Published: Mar 1, 2012
Abstract
We present the first comprehensive set of firm-level total factor productivity (TFP) estimates for China's manufacturing sector that spans China's entry into the WTO. For our preferred estimate, which adjusts for a number of potential sources of measurement error and bias, the weighted average annual productivity growth for incumbents is 2.85% for a gross output production function and 7.96% for a value added production function over the period...
Paper Details
Title
Creative accounting or creative destruction? Firm-level productivity growth in Chinese manufacturing
Published Date
Mar 1, 2012
Volume
97
Issue
2
Pages
339 - 351
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