Sustainability of the Chinese’s economy: A productivity analysis
This paper intends to address the issue of sustainable economy development in the Chinese’s economy with the use of Total Factor Productivity in analyzing the productivity and efficient used of resources. The study focuses on regional analysis to determine the inequality patterns among the provinces...
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| Main Author: | |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://eprints.um.edu.my/13945/1/rp026_ICETD2012-D10030.pdf http://eprints.um.edu.my/13945/ |
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| Summary: | This paper intends to address the issue of sustainable economy development in the Chinese’s economy with the use of Total Factor Productivity in analyzing the productivity and efficient used of resources. The study focuses on regional analysis to determine the inequality patterns among the provinces in China with the objective to address the issues of inequality among the provinces in China which my dampened the economic development in the country. The sample of the study consist of 30 provinces in China starts from year 1978 to 2008 in order to investigate the economic efficiency and productivity change of the Chinese’s economy after the China reformation in 1978. The results show that the Eastern region is relatively more efficient as compared to the Western and Central region in China. Results further found that the main contributor of economic inefficiency in China is mainly due to pure technical inefficiency. The technological change plays is found to play an important role in providing a road for sustainable economy
development in China. |
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