Munich Personal RePEc Archive


Tang, Liwei and Hu, Zongyi (2014): 生产要素、FDI、环境污染与中国经济增长源泉——基于BM生产率指数的分解.

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In this paper,we divide fixed capital stock into domestic fixed capital stock and foreign fixed capital stock (FDI stock), then by consideration of the environmental deletion, we make use of the BM productivity index to decompose the source of economic growth from 1998 to 2011. The findings show that, as a whole, the contribution share of TFP, labor input, domestic capital, FDI and environmental consumption to economic growth was 4.33%, 3.67%, 48.1%, 18% and 25.9% respectively. Regional Statistics found that the area which the largest contributions share TFP of to economic growth was eastern, and the economic growth of central depends on capital than others, and the economic growth of western depends on FDI than others. The results of this paper tell us that ,at present, China’s economic growth is much more depending on capital and there is difference among three areas. The contribution of TFP to economic growth is limited, China’s economic growth has been more exploited environment which is not sustainable. So transforming economic growth mode is inevitable.

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