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2014 Fiscal Year Annual Research Report

要素コストと産業構造から見る中国経済パフォーマンス

Research Project

Project/Area Number 24330076
Research InstitutionHitotsubashi University

Principal Investigator

ウー ハリー・シァオイン  一橋大学, 経済研究所, 教授 (90571464)

Project Period (FY) 2012-04-01 – 2015-03-31
KeywordsChina / National Accounts / income accounts / factor input / growth accounting / technical progress / technical efficiency / structural distortion
Outline of Annual Research Achievements

The captioned kaken project made a significant progress in 2014FY. Based on the data endeavors in 2012FY and 2013FY, a full version of national accounts time series including factor costs (income) was constructed for 37 industries in 1980-2010 and based on which a series of analysis was completed.
The focus of the analytical work in 2014FY is using factor costs-weighted input measures to conduct more sophisticated growth accounting exercises with direct aggregation across industries incorporating aggregate production possibility frontier approach with Domar weights. This has allowed us to examine industry level productivity performances.
Especially, with our understanding of the influence of the government in individual industries, we can also examine the comparative performance between industries with different degrees of the state interference, which is a way to test our conjectures about the implications of the state intervention for industry-level productivity and efficiency.
The cross-industry results have indeed shown that the government-involved or influenced industries suffered from poor productivity performance and the economy paid cost for structural distortions.

Research Progress Status

26年度が最終年度であるため、記入しない。

Strategy for Future Research Activity

26年度が最終年度であるため、記入しない。

Causes of Carryover

26年度が最終年度であるため、記入しない。

Expenditure Plan for Carryover Budget

26年度が最終年度であるため、記入しない。

  • Research Products

    (18 results)

All 2015 2014

All Journal Article (4 results) (of which Peer Reviewed: 4 results,  Acknowledgement Compliant: 2 results) Presentation (14 results) (of which Invited: 9 results)

  • [Journal Article] Has China’s Fast Industrial Growth Been Efficient? - An Industry-level Investigation with a Newly Constructed Data Set2015

    • Author(s)
      Harry X. WU, Esther Y.P. Shea and Alice Shiu
    • Journal Title

      Applied Economics

      Volume: forthcoming Pages: forthcoming

    • DOI

      10.1080/00036846.2015.1026589

    • Peer Reviewed / Acknowledgement Compliant
  • [Journal Article] Banking Structure and Industrial Growth: Evidence from China2015

    • Author(s)
      Harry X. WU, Justin Lin and Xifang Sun
    • Journal Title

      Journal of Banking and Finance

      Volume: forthcoming Pages: forthcoming

    • DOI

      10.1016/j.jbankfin.2015.02.012

    • Peer Reviewed / Acknowledgement Compliant
  • [Journal Article] 中国工業化道路的再思考ー対国家或政府作用的経済学解放(Rethinking China’s Path of Industrialization ー The Role of State and Institutions)2014

    • Author(s)
      Harry X. WU
    • Journal Title

      《比較》(Comparative Studies)

      Volume: No. 75 Pages: 1-34

    • Peer Reviewed
  • [Journal Article] The growth of “non-material services” in China ー Maddison’s “zero-labor-productivity-growth” hypothesis revisited2014

    • Author(s)
      Harry X. WU
    • Journal Title

      The Economic Review, Institute of Economic Research, Hitotsubashi University

      Volume: Vol. 65 (3) Pages: 265-283

    • Peer Reviewed
  • [Presentation] China’s Growth and Productivity Performance Debate Revised ー Accounting for China’s Sources of Growth in 1949-2012 (updated to 2014)2015

    • Author(s)
      Harry X. WU
    • Organizer
      EAI (East Asia Institute) Distinguished Public Lecture
    • Place of Presentation
      East Asia Institute (EAI), National University of Singapore (Kent Ridge, Singapore)
    • Year and Date
      2015-03-27
    • Invited
  • [Presentation] China’s productivity and growth performance updated2015

    • Author(s)
      Harry X. WU
    • Organizer
      Macquarie China Policy Forum 2015
    • Place of Presentation
      The Conference Board China Center (Beijing, China)
    • Year and Date
      2015-03-19
    • Invited
  • [Presentation] 測算和解読中国全要素生産率(Measuring and Interpreting China’s Total Factor Productivity (TFP), and Policy Implications)2014

    • Author(s)
      Harry X. WU
    • Organizer
      CASS (Chinese Academy of Social Sciences) Symposium on “New Normal”
    • Place of Presentation
      Chinese Academy of Social Science (中国社会科学院) (Beijing, China)
    • Year and Date
      2014-12-18
    • Invited
  • [Presentation] On China’s Strategic Move for a new Stage of Development ー A Productivity Perspective2014

    • Author(s)
      Harry X. WU
    • Organizer
      Peking University NSD (National School of Development) Seminar
    • Place of Presentation
      Peking University (Beijing, China)
    • Year and Date
      2014-12-11
    • Invited
  • [Presentation] On China’s Strategic Move for a new Stage of Development ー A Productivity Perspective2014

    • Author(s)
      Harry X. WU
    • Organizer
      IWEP (Institute of World Economics and Polotics) Seminar
    • Place of Presentation
      The Conference Board China Center (Beijing, China)
    • Year and Date
      2014-12-08
    • Invited
  • [Presentation] How Competitive Is Chinese Economy?-Unit Factor Costs Analysis in an Input-Output Table Framework2014

    • Author(s)
      Harry X. WU
    • Organizer
      Development Forum of the 16th China International Industry Fair
    • Place of Presentation
      WTO Affairs Consultation Center (Shanghai, China)
    • Year and Date
      2014-11-05
    • Invited
  • [Presentation] Productivity Hurdle to the Sustainability of China’s Industrial Growth2014

    • Author(s)
      Harry X. WU
    • Organizer
      ADB (Asian Development Bank) Seminar
    • Place of Presentation
      Asian Development Bank (Manila, Phillippines)
    • Year and Date
      2014-10-20
  • [Presentation] On China’s Strategic Move for a new Stage of Development - A Productivity Perspective2014

    • Author(s)
      Harry X.WU
    • Organizer
      CEPII (Centre d'Etudes Prospectives et d'Informations Internationales)Economics Seminar
    • Place of Presentation
      OECD (The Organization for Economic Co-operation and Development) (Paris, France)
    • Year and Date
      2014-09-25
    • Invited
  • [Presentation] On China’s Strategic Move for a new Stage of Development - A Productivity Perspective2014

    • Author(s)
      Harry X. WU
    • Organizer
      OECD(Organisation for Economic Co-operation and Development) Economics Seminar
    • Place of Presentation
      CEPII (Centre d'Etudes Prospectives et d'Informations Internationales) (Paris, France)
    • Year and Date
      2014-09-23
    • Invited
  • [Presentation] Towards an Integrated Estimation of China’s Employment, Capital Stock and GDP in 1861-20122014

    • Author(s)
      Harry X. WU
    • Organizer
      4th Asian Historical Economics Conference
    • Place of Presentation
      Bogazici University (Istanbul, Turkey)
    • Year and Date
      2014-09-19
  • [Presentation] Measuring Capital Stock and Capital Services in China 1949-20122014

    • Author(s)
      Harry X. WU
    • Organizer
      33rd IARIW General Conference
    • Place of Presentation
      Conference centre De Doelen (Rotterdam, Netherlands)
    • Year and Date
      2014-08-29
  • [Presentation] How Competitive is Chinese Industry? Unit Factor Costs Analysis in Input-Output Table Framework2014

    • Author(s)
      Harry X. WU and Keiko Ito
    • Organizer
      The 22nd International Input-Output Conference
    • Place of Presentation
      Convento das Inglesinhas (Lisbon, Portugal)
    • Year and Date
      2014-07-16
  • [Presentation] Accounting for the Sources of Growth in Chinese Industry 1980-20102014

    • Author(s)
      Harry X. WU
    • Organizer
      the China Update 2014
    • Place of Presentation
      Australian National University (Canberra, Australia)
    • Year and Date
      2014-07-11
    • Invited
  • [Presentation] China’s Post-reform Growth, Structural Change and Productivity Performance2014

    • Author(s)
      Harry X. WU
    • Organizer
      APPC 2014
    • Place of Presentation
      University of Queensland (Brisbane, Australia)
    • Year and Date
      2014-07-09

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Published: 2016-06-01  

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