Contribution of factor structure change to China’s economic growth: evidence from the time-varying elastic production function model

The time-varying factor share runs through the entire process of the Chinese economic miracle, unlike the ‘Kaldor Facts’ in developed countries. Following the new structural economics theory, we construct a time-varying elastic production function model that characterises the structural changes of C...

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Bibliographic Details
Main Authors: Shangfeng Zhang, Yaoxin Liu, Duen-Huang Huang
Format: Article
Language:English
Published: Taylor & Francis Group 2020-01-01
Series:Ekonomska Istraživanja
Subjects:
Online Access:http://dx.doi.org/10.1080/1331677X.2019.1697722