Template-type: ReDIF-Paper 1.0
Author-Name: Wang, Lili
Author-Email: wang@merit.unu.edu
Author-Workplace-Name: UNU-MERIT
Author-Name: Szirmai, Adam
Author-Email: szirmai@merit.unu.edu
Author-Workplace-Name: UNU-MERIT
Title: Regional Capital Inputs in Chinese Industry and Manufacturing, 1978-2003
Abstract: This paper provides new estimates of capital inputs in the Chinese
	 economy. Estimates are made for the total economy (1953-2003), for the
	 industrial sector (1978-2003) and for the manufacturing sector
	 (1985-2003). The estimates for industry and manufacturing are broken
	 down by thirty regions. The main contribution of this paperlies in
	 constructing hitherto unvailable estimates of capital inputs at the
	 level of Chinese regions. The paper makes a systematic attempt to apply
	 SNA concepts to the estimation of Chinese capital inputs, according to
	 the Perpetual Inventory Method. It makes a clear distinction between
	 capital services and wealth capital stocks. After a general discussion
	 of theoretical issues in capital measurement, the paper provides a
	 detailed analysis of the relevant Chinese statistical concepts and data.
	 It goes on to discuss previous capital estimates in the light of the
	 modern conceptual and theoretical discussions. It ends with an
	 explanation of the procedures followed in constructing the national and
	 regional capital input series.
Classification-JEL: O47, R11
Keywords: Capital Inputs, Capital Services, Regions, China, Industry, Manufacturing
Series: UNU-MERIT Working Papers
Creation-Date: 2008
Number: 2008-028
File-URL: https://unu-merit.nl/publications/wppdf/2008/wp2008-028.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2008028