Publication:
Sources of China's Economic Growth, 1952-99 : Incorporating Human Capital Accumulation

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dc.contributor.authorWang, Yan
dc.contributor.authorYao, Yudong
dc.date.accessioned2014-08-21T19:13:34Z
dc.date.available2014-08-21T19:13:34Z
dc.date.issued2001-07
dc.description.abstractChina's performance in economic growth, and poverty reduction has been remarkable. There is an ongoing debate about whether this growth is mainly driven by productivity, or factor accumulation. But few past studies have incorporated information on China's human capital stock, and thus contained an omission bias. The authors construct a measure of China's human capital stock from 1952 to 1999, and, using a simple growth accounting exercise, incorporate it in their analysis of the sources of growth, during the pre-reform (1952-77), and the reform period (1978-99). They find that the accumulation of human capital in China (as measured by the average years of schooling for the population aged 15 to 64) was quite rapid, and contributed significantly to growth, and welfare. After incorporating human capital, they also find that the growth of total factor productivity, still plays a positive, and significant role during the reform period. In contrast, productivity growth was negative in the pre-reform period. The results are robust to changes in labor shares in GDP. The recent declining rate of human capital accumulation is a cause for concern, if China is to sustain its improvements in growth, and welfare in the coming decade. Funding for basic education is unevenly distributed, and insufficient in some poor regions.en
dc.identifierhttp://documents.worldbank.org/curated/en/2001/07/1552026/sources-chinas-economic-growth-1952-99-incorporating-human-capital-accumulation
dc.identifier.doi10.1596/1813-9450-2650
dc.identifier.urihttps://hdl.handle.net/10986/19587
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 2650
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABSOLUTE POVERTY
dc.subjectABSOLUTE TERMS
dc.subjectAGED
dc.subjectAGGREGATE OUTPUT
dc.subjectAGGREGATE PRODUCTION FUNCTION
dc.subjectAGRICULTURE
dc.subjectANNUAL GROWTH
dc.subjectANNUAL GROWTH RATE
dc.subjectANNUAL REPORT
dc.subjectAVERAGE ANNUAL GROWTH
dc.subjectBASE YEAR
dc.subjectBASIC EDUCATION
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL INCOME
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL STOCK
dc.subjectCENTRAL PLANNING
dc.subjectCOLLEGE EDUCATION
dc.subjectCONSTANT RETURNS
dc.subjectCONSTANT RETURNS TO SCALE
dc.subjectDATA AVAILABILITY
dc.subjectDECENTRALIZATION
dc.subjectDEFLATORS
dc.subjectDEPRECIATION RATE OF CAPITAL
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDISTRIBUTION DATA
dc.subjectDOMESTIC SAVING
dc.subjectECONOMIC CHANGE
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICY
dc.subjectEDUCATION
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectEDUCATIONAL OPPORTUNITIES
dc.subjectELASTICITIES
dc.subjectEMPIRICAL STUDIES
dc.subjectEMPIRICAL WORK
dc.subjectEXTERNALITIES
dc.subjectFACTOR ACCUMULATION
dc.subjectFAMILIES
dc.subjectFINANCIAL AID
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFUNCTIONAL FORMS
dc.subjectGDP
dc.subjectGDP DEFLATOR
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROSS OUTPUT
dc.subjectGROWTH ACCOUNTING
dc.subjectGROWTH ANALYSIS
dc.subjectGROWTH OF LABOR
dc.subjectGROWTH PERFORMANCE
dc.subjectGROWTH RATE
dc.subjectGROWTH RATE OF OUTPUT
dc.subjectGROWTH RATES
dc.subjectHOUSING
dc.subjectHUMAN CAPITAL
dc.subjectILLITERACY
dc.subjectINCOME SHARE
dc.subjectINFLATION
dc.subjectINNOVATION
dc.subjectINSTITUTIONAL CHANGE
dc.subjectINSURANCE
dc.subjectINVENTORIES
dc.subjectKNOWLEDGE ECONOMY
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE GROWTH
dc.subjectLABOR INPUT
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMARGINAL PRODUCTS
dc.subjectMEAN INCOME
dc.subjectMIGRATION
dc.subjectMORTALITY
dc.subjectMPS
dc.subjectNATIONAL ACCOUNTS
dc.subjectNATIONAL INCOME
dc.subjectNATIONAL INCOME ACCOUNTING
dc.subjectOUTPUT GROWTH
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPARTNERSHIP
dc.subjectPOLICY RESEARCH
dc.subjectPOPULATION GROWTH
dc.subjectPOVERTY REDUCTION
dc.subjectPRICE INDEXES
dc.subjectPRIMARY EDUCATION
dc.subjectPRIVATE CONSUMPTION
dc.subjectPRIVATE SECTOR
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPRODUCTION PROCESS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectRAPID GROWTH
dc.subjectREAL GDP
dc.subjectREGIONAL DISPARITIES
dc.subjectRELATIVE IMPORTANCE
dc.subjectSAVING RATE
dc.subjectSCHOOLS
dc.subjectSECONDARY SCHOOLS
dc.subjectSEX
dc.subjectSHARE OF LABOR
dc.subjectSOCIAL SERVICES
dc.subjectSTATE-OWNED ENTERPRISES
dc.subjectSTATISTICAL DATA
dc.subjectSURPLUS LABOR
dc.subjectTECHNOLOGICAL PROGRESS
dc.subjectTERTIARY EDUCATION
dc.subjectTFP
dc.subjectTIME SERIES
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTOTAL LABOR FORCE
dc.subjectTOTAL OUTPUT
dc.subjectTRANSITION ECONOMIES
dc.subjectUNEMPLOYMENT
dc.subjectURBAN AREAS
dc.subjectVALUE ADDED
dc.subjectVOCATIONAL TRAINING
dc.subjectWAGE LEVEL
dc.subjectWAGES
dc.subjectWORKERS
dc.titleSources of China's Economic Growth, 1952-99 : Incorporating Human Capital Accumulationen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crossref.titleSources of China’s Economic Growth, 1952–99: Incorporating Human Capital Accumulation
okr.date.disclosure2001-07-31
okr.date.doiregistration2025-04-10T07:20:13.911584Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2001/07/1552026/sources-chinas-economic-growth-1952-99-incorporating-human-capital-accumulation
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial Protection and Labor
okr.globalpracticePoverty
okr.globalpracticeFinance and Markets
okr.globalpracticeHealth, Nutrition, and Population
okr.guid458041468770473271
okr.identifier.doi10.1596/1813-9450-2650
okr.identifier.externaldocumentum000094946_01080904131761
okr.identifier.internaldocumentum1552026
okr.identifier.reportWPS2650
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2001/08/29/000094946_01080904131761/Rendered/PDF/multi0page.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryChina
okr.themeEconomic management :: Analysis of economic growth
okr.themeEconomic management :: Macroeconomic management
okr.topicHealth, Nutrition and Population::Public Health Promotion
okr.topicSocial Protections and Labor::Labor Policies
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicFinance and Financial Sector Development::Capital Markets and Capital Flows
okr.topicHealth Monitoring and Evaluation
okr.topicEconomic Theory and Research
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicEnvironmental Economics and Policies
okr.unitEconomic Policy and Poverty Reduction Division, World Bank Institute
okr.volume1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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