Seminars & Events
APL (Ajiken Power Lunch)
Measuring and Interpreting China's TFP Performance - An Industry Perspective
APL
(Ajiken
Power
Lunch)
is
a
lunchtime
workshop
open
to
public,
including
IDE
staffs,
visiting
research
fellows,
IDEAS
students,
outside
researchers
and
graduate
students.
This
workshop
provides
a
platform
for
presentation
of
any
work
in
progress
where
we
can
discuss
in
either
English
or
Japanese.
Those
who
would
attend
a
seminar
are
asked
to
announce
yourself
to
receptionists
on
your
arrival
at
the
IDE
and
to
obtain
APL
Organizers'
signature
on
your
admission
card
after
the
seminar.
Date&time:
June 8, 2015. (Monday) 12:30-14:00
Venue:
Theme:
Measuring and Interpreting China's TFP Performance - An Industry Perspective
Abstract
Using
a
newly
constructed
China
Industry
Productivity
(CIP)
data
set,
this
study
adopts
the
Jorgensonian
aggregate
production
possibility
frontier
(APPF)
framework
incorporating
Domar
weights
to
account
for
the
industry
origin
of
China’s
aggregate
growth
for
the
period
1980-2010.
We
show
that
7.1
percentage
points
of
China’s
GDP
growth
of
9.2
percent
per
annum
can
be
attributed
to
the
increase
of
labor
productivity
and
2.0
points
to
hours
worked.
The
labor
productivity
growth
can
be
further
decomposed
into
5.6
points
of
capital
deepening,
0.4
points
of
labor
quality
improvement
and
1.2
points
of
TFP
growth.
Across
industries,
those
less
prone
to
government
intervention,
such
as
agriculture
and
“semi-finished
&
finished”
manufacturing
industries,
appear
to
have
a
faster
productivity
growth
than
those
subject
to
more
government
interventions
typically
the
“energy”
industry
group.
The
Domar
aggregation
scheme
reveals
that
two
thirds
of
the
TFP
growth
is
directly
from
TFP
growth
in
industries
and
the
remainder
attributed
to
a
net
factor
reallocation
effect
particularly
from
labor.
Speaker:
Dr. Harry Xiaoying WU (Professor, Research Division of Economic Measurement and Statistics)
Chair:
Languages:
English
Soukknilanh Keola E-mail:Souknilanh_Keola
