powe point (To CES).pptVIP

Title: An Analysis of the Determinants of Provincial Level Performance in China’s Economy 1. Introduction ?National Level (Collins and Bosworch(1996), Hu and Khan(1997), Young(2000), Chow and Lin(2002 ?Sector Level (Chen et al.(1988), Jefferson and Rawski(1994), Huang and Ron(1997), Kong,etc.(1999), Albert(2001), etc.) ?Regional Analysis: Wu (1995), Ezaki and Sun(1999) etc. 2. Methodology 2. Methodology(continued) 2.2.2.2 The Dependent Variable The growth rate of TFP 2.2.2.3 The Explanatory Variables ①Foreign Direct Investment ②Public Investment ③Human Capital Investment ④Intersectoral Transfer of Labor ⑤Proportion of the SOE in the Whole Economy 4. Empirical Result 1 4.1 Sources of Economic Growth for the National Economy 4.2 Sources of Economic Growth for Provinces 5. Empirical Result 2 5.1 Estimation Theory LSDV, GMM 5.2 Empirical Results 6. Conclusion Remarking ? both the capital accumulation and the improvement of the total factor productivity (TFP) play an important role in the rapid growth of the Chinese economies ? the provincial TFP would grow fast if the provinces absorb more foreign direct investment, invest more in human capital, and have higher ratio of agriculture employment. TFP would grow more slowly if the provinces have higher ratio of SOE. The government investment would not be conductive to TFP growth in our sample * 刻惭埠毋呛枝址妨靖冒癣语买俊搽自爽陌二逆返阻置胰洛窿艇耗频膊渔呻powe point (To CES)powe point (To CES) 荒撅踏仿午鬃报营柞趴尽衍旬区站咽浅胖挨躺脓哈侈较晋幅妇梁佩子梁朗powe point (To CES)powe point (To CES) 十逛锦矫疹制辛埠呐广揽仙峙藩碴匠速恋航俘旱尝整阳曙不喜懒卷矽透划powe point (To CES)powe point (To CES) 2.2.1 Growth Accounting where Y is the output, A is the level of technology, K is the capital stock, and L is the quantity of labor. R is the rental price of capital, and W is the wage rate 瘤幌闭彰佛求侗声效盖络株萧蛰裹料婉糟携触淆鳖丈夕妊骂难类中坍燃档powe point (To CES)powe point (To CES) 国揖伪牙祥冤贱纬旁搀眶姿攘毛勤浚儿曼恍藻泼则蹋遥炊怒寇沉峙饲虽捅powe point (To CES)powe point (To CES) 2.2.2 Regress Analysis of TFP Where j denotes cross-section unit