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Capital Stock Estimates for China's Regional Economies: Results and Analyses

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  • Yanrui Wu

    (Department of Economics, University of Western Australia)

Abstract

The lack of capital stock statistics for empirical research on the Chinese economy has for a long time been one of the major impediments. Though many authors have attempted to derive their own data series, most authors have focused on investigations at the national level and their findings are not without controversies. Few studies have provided estimates of capital stock for China's regional economies. This paper adds to the literature in several ways. First, it presents a critical review of the methods and findings in the existing literature. Second, it proposes an alternative approach to estimate China's regional capital stock values. Finally, the derived capital stock series are applied to examine growth, disparity and convergence in China's regional economies.

Suggested Citation

  • Yanrui Wu, 2007. "Capital Stock Estimates for China's Regional Economies: Results and Analyses," Economics Discussion / Working Papers 07-16, The University of Western Australia, Department of Economics.
  • Handle: RePEc:uwa:wpaper:07-16
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    References listed on IDEAS

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    6. Yanrui Wu (ed.), 2006. "Economic Growth, Transition and Globalization in China," Books, Edward Elgar Publishing, number 4137.
    7. Xiaolei Qian & Russell Smyth, 2006. "Growth Accounting for the Chinese Provinces 1990-2000: Incorporating Human Capital Accumulation," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 4(1), pages 21-37.
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    Citations

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    Cited by:

    1. Yanrui Wu, 2007. "Environmental Efficiency and Its Determinants in China’s Regional Economies," Economics Discussion / Working Papers 07-21, The University of Western Australia, Department of Economics.
    2. Wentao Yu & Jin Hong & Yanrui Wu & Dingtao Zhao, 2013. "Emerging Geography of Creativity and Labor Productivity Effects in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 21(5), pages 78-99, September.
    3. WU, Jidong & LI, Ning & SHI, Peijun, 2014. "Benchmark wealth capital stock estimations across China's 344 prefectures: 1978 to 2012," China Economic Review, Elsevier, vol. 31(C), pages 288-302.
    4. Karima Kourtit & Yuyuan Wen & Peter Nijkamp & Wentao Yu & Jin Hong & Yunhao Zhu & Dora Marinova & Xiumei Guo, 2014. "Creative industry clusters, regional innovation and economic growth in China," Regional Science Policy & Practice, Wiley Blackwell, vol. 6(4), pages 329-347, November.
    5. K K C Sineth Kannangara & Yanrui Wu, 2023. "Shadow Economy in Sri Lanka: A Review and New Estimates," Economics Discussion / Working Papers 23-04, The University of Western Australia, Department of Economics.

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