Production factors, FDI, environmental depletion and sources of economic growth in China——Decomposition from the Biennial Malmquist productivity index

TANG Liwei, HU Zongyi

Systems Engineering - Theory & Practice ›› 2016, Vol. 36 ›› Issue (3) : 581-592.

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Systems Engineering - Theory & Practice ›› 2016, Vol. 36 ›› Issue (3) : 581-592. DOI: 10.12011/1000-6788(2016)03-0581-12

Production factors, FDI, environmental depletion and sources of economic growth in China——Decomposition from the Biennial Malmquist productivity index

  • TANG Liwei1,2, HU Zongyi1
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Abstract

In this paper, we divide capital stock into domestic capital stock and foreign capital stock, then by consideration of the environmental deletion, we make use of the Biennial Malmquist productivity index to decompose the source of economic growth from 1998 to 2011. The findings show that, as a whole, the contribution share of total factor productivity, labor input, domestic capital, foreign capital stock and environmental consumption to economic growth was 4.33%, 3.67%, 48.1%, 18% and 25.9% respectively. Regional statistic show that the share of total productivity on economic growth in eastern is more larger than others, and the economic growth of central depends on capital than others, and the economic growth of western depends on foreign capital stock than others. At present, China's economic growth is much more depending on capital and there is difference among three areas. The contribution of total factor productivity to economic growth is limitation, China's economic growth has been more exploited environment which is not sustainable. So the only choice is to transform economic growth mode.

Key words

production elements / foreign capital stock / environmental deletion / Biennial Malmquist productivity index / source of economic growth

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TANG Liwei , HU Zongyi. Production factors, FDI, environmental depletion and sources of economic growth in China——Decomposition from the Biennial Malmquist productivity index. Systems Engineering - Theory & Practice, 2016, 36(3): 581-592 https://doi.org/10.12011/1000-6788(2016)03-0581-12

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Funding

National Social Science Foundation of China (12AJL007); Construct Program of the Key Discipline in Hunan Province
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