Arbeitspapier

Institutional change and productivity growth in China's manufacturing 1998-2007: The microeconomics of creative restructuring

This paper investigates firm-level dynamics of labour productivity in China's manufacturing sector over the 1998-2007. Underlying the aggregate evidence of dramatic growth of labour productivity, one observes a large, even if shrinking, intra-sectoral heterogeneity. A major process of both catching-up and dying out occurs among the least efficient ones. Furthermore, we explore the effect of the characteristics of firms according to the ownership and governance structure upon the productivity distributions. The transformation of domestic firms significantly affect the decreasing dispersion of productivity. In essence the fast catching-up process entails more of a creative restructuring of domestic firms rather than sheer creative destruction and even less so an MNC-led drive.

Sprache
Englisch

Erschienen in
Series: LEM Working Paper Series ; No. 2013/07

Klassifikation
Wirtschaft
Thema
Chinese industrial development
labour productivity distributions
catching-up
heterogeneity
corporate ownership

Ereignis
Geistige Schöpfung
(wer)
Dosi, Giovanni
Lei, Jiasu
Yu, Xiaodan
Ereignis
Veröffentlichung
(wer)
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
(wo)
Pisa
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Dosi, Giovanni
  • Lei, Jiasu
  • Yu, Xiaodan
  • Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)

Entstanden

  • 2013

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