000 02009nab|a22003137a|4500
999 _c62264
_d62256
001 62264
003 MX-TxCIM
005 20211006080841.0
008 200712s2015||||xxu|||p|op||||00||0|eng|d
022 _a0012-1533
022 _a1746-1049 (Online)
024 8 _ahttps://doi.org/10.1111/deve.12071
040 _aMX-TxCIM
041 _aeng
100 0 _aHehe Liu
_914672
245 1 0 _aExplaining the productivity growth gap between China and India :
_bthe role of structural transformation
260 _aUSA :
_bWiley,
_c2015.
500 _aPeer review
520 _aC hinese and I ndian aggregate productivity growth has been significantly different over the last 30 years. This paper studies the role of structural transformation in accounting for the aggregate productivity growth gap between two economies. We calibrate a neoclassical model of structural transformation for C hina and I ndia. The model implies that higher productivity growth in C hina's manufacturing and agriculture accounts for most of the aggregate productivity growth gap between the two countries. According to the development strategy of C hina's government, C hina would start a new phase of structural transformation whereby employment is moving from manufacturing to services. Since the productivity growth gap in services is pretty small between C hina and I ndia, if C hina wants to remain superior in relative productivity, it should improve the productivity growth rate of services. In contrast, the relative performance in I ndia hinges on closing its productivity gap in agriculture and manufacturing relative to C hina.
546 _aText in English
650 0 _aProductivity
_gAGROVOC
_91756
650 7 _2AGROVOC
_96448
_aEconomic growth
650 7 _2AGROVOC
_98738
_aStructural Change
651 7 _2AGROVOC
_93990
_aChina
651 7 _2AGROVOC
_93726
_aIndia
700 0 _aTianyu Yang
_914673
773 0 _dUSA : Wiley, 2015.
_gv. 53, no. 2, p. 100-121
_tDeveloping Economies
_x1746-1049
942 _cJA
_n0
_2ddc