Technology or investment? An enquiry into the chinese model of growth at the region level

Filippetti, Andrea and Peyrache, Antonio (2015) Technology or investment? An enquiry into the chinese model of growth at the region level. Innovation and Development, 5 1: 39-58. doi:10.1080/2157930X.2014.1003449


Author Filippetti, Andrea
Peyrache, Antonio
Title Technology or investment? An enquiry into the chinese model of growth at the region level
Journal name Innovation and Development   Check publisher's open access policy
ISSN 2157-9318
2157-930X
Publication date 2015-01-27
Sub-type Article (original research)
DOI 10.1080/2157930X.2014.1003449
Open Access Status Not yet assessed
Volume 5
Issue 1
Start page 39
End page 58
Total pages 20
Place of publication Abingdon, Oxon, United Kingdom
Publisher Routledge
Language eng
Abstract This paper explores the relative contribution of different components to labour productivity growth – for example, the role of capital investment versus increase in technical change – in 31 Chinese provinces over the period 2000–2010. It then investigates the connection between technical change and inflows of foreign direct investment (FDI). The results reveal that capital deepening – that is, investment in fixed capital – has been the most prominent source of labour productivity growth mainly in poorer provinces, while richer provinces have benefitted mostly from increase in technical change. Inflows of FDI are not associated with higher rates of productivity growth. Our results have implications for the sustainability of the current model of growth in China and the patterns of technological development.
Keyword Chinese provinces
Foreign direct investment
Labour productivity
Technical change
Technological frontier
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collection: School of Economics Publications
 
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