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Wang Yan and Yao Yudong (2003) are also distrustful of the quality of the deflator derived by Alwyn Young (2003) and also opt for the implicit gross fixed capital formation deflator.
not estimate the growth accounting equation but simply inserts fixed values of factor shares as weights (Wang Yan and Yao Yudong, 2003; Alwyn Young, 2003).
Sources of China's Economic Growth 1952-1999: Incorporating Human Capital Accumulation; By Wang, Yan; Yao, Yudong; China Economic Review, 2003, v. 14, iss. 1, pp. 32-52
Others analyze China's past economic growth within the aggregate production function framework (Wang Yan and Yao Yudong, 2003; Wu Yanrui, 2004, Alwyn Young, 2000).
Sources of China's Economic Growth 1952-1999: Incorporating Human Capital Accumulation; By Wang, Yan; Yao, Yudong; China Economic Review, 2003, v. 14, iss. 1, pp. 32-52
Wang Yan and Yao Yudong (2003) are also distrustful of the quality of the deflator derived by Alwyn Young (2003) and also opt for the implicit gross fixed capital formation ...
Sources of China's Economic Growth 1952-1999: Incorporating Human Capital Accumulation; By Wang, Yan; Yao, Yudong; China Economic Review, 2003, v. 14, iss. 1, pp. 32-52
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