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• 10 years - 7 posts - Latest - RSS
• Thread: 0 Goods vs 0 No Goods

1. Economist
   e273
   

   http://www.econstor.eu/bitstream/10419/36128/1/62102094X.pdf

   Just read the abstract. Found it as a citation in the WB's report on China:
   http://www.worldbank.org/content/dam/Worldbank/document/China-2030-complete.pdf

   Anyway, for anyone familiar with the literature: Is that plausible? I've always assumed it was part sectoral reallocation- unproductive interior farmers moving to productive industrial coastal cities, and part capital deepening via both state investment in SOEs and international direct investment.

   I just don't see how the private sector could be big enough to be all that important there, and i'd kinda guess that the CCP probably keeps reigns over all of the really good stuff anyway.

   Would be particularly nice if anyone's already read this paper or seen it presented.

   -LRM reg monkey

   10 years ago # QUOTE 0 Volod 0 Vlad !

2. Economist
   3736
   

   Please describe private sector TFP in China in great detail. I am in .... oh, never mind.

   10 years ago # QUOTE 3 Volod 0 Vlad !

3. Economist
   e273
   

   bumping from china

   10 years ago # QUOTE 0 Volod 0 Vlad !

4. Economist
   6ce9
   

   ^^^ For the sectoral reallocation story to work there needs to be a reason why the coasts are more productive in the first place. Aside from static agency problems as in Song et al, the reason is usually that the coastal exporters are learning by doing, that they are benefitting from technological spillovers from FDI, etc. In any case, they're catching up to the world TFP frontier. And I think that's perfectly reasonable.

   10 years ago # QUOTE 0 Volod 0 Vlad !

5. Economist
   e273
   

   Sounds reasonable. The Chinese private sector is apparently bigger than I thought it was as well, capturing 64.4% of the total employment in 2007.

   10 years ago # QUOTE 0 Volod 0 Vlad !

6. Economist
   0dda
   

   Only in employment, but not output yet.

   Sounds reasonable. The Chinese private sector is apparently bigger than I thought it was as well, capturing 64.4% of the total employment in 2007.

   10 years ago # QUOTE 0 Volod 0 Vlad !

7. Economist
   3622
   

   My guess in China is that it is all factor accumulation. Physical capital investment went way up and so did education. TFP is simply ignorance.

   10 years ago # QUOTE 0 Volod 0 Vlad !

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