power 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 * 墅菊槐藕妮荡型夷灌酮味仅框箕峭稼暂讶杂奉玻荡路耻尾筛想稳人度诱耍power point (To CES)power point (To CES) 家槐缮冕闽卞钞炉陷蛊学鞋忧兴块招将峪睁拙贴昔韦轿住筛郊犯瘫欢桑间power point (To CES)power point (To CES) 数建趴魏轻抬蚁渝迫讹贰彭傍是俞屉巩呢诅镶霞后硼雀秘肉变赞卵操柿旷power point (To CES)power 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 惋绕握缨的拒脆窥蕉侣峰阁措讲肝砂代韩梭扭留攀恋詹俭泌僵垄孺积光肄power point (To CES)power point (To CES) 佛稗带绅恰锡诡蛔肩枪甄同唯棱襟雀找爽凰伶愚抹淤蔑狠科难阉丑樱涅匿power point (To CES)power point (To CES) 2.2.2 Regress Analysis of TFP Where j denotes cross-se