Abstract
Gregory C. ChowPrinceton UniversityKui-Wai LiCity University of Hong KongI. IntroductionThis article attempts to account for China’s economic growth in terms oflabor, capital, and total factor productivity by estimating a Cobb-Douglasproduction function using official Chinese data. It is an extension of GregoryC. Chow’s earlier work in 1993 and has two purposes: to find out whetherthe parameters of the production function have changed and to use the pro-duction function to forecast GDP growth up to 2010.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
