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dc.contributor.authorHerrerías Talamantes, María Jesús
dc.contributor.authorOrts Ríos, Vicente
dc.date.accessioned2013-05-13T18:54:38Z
dc.date.available2013-05-13T18:54:38Z
dc.date.issued2012-02
dc.identifier.issn0377-7332
dc.identifier.issn1435-8921
dc.identifier.urihttp://hdl.handle.net/10234/63257
dc.description.abstractAt the beginning of the 1990s, J. Bradford De Long and Lawrence H. Summers highlighted in a series of influential articles that there were good reasons and quantitative evidence to support the point of view that machinery and equipment investment might be strongly associated with economic growth. China along with its enormous investment effort over recent decades constitutes an interesting case study with which to analyse the role played by equipment investment in its recent economic performance and its interaction with other sources of growth, i.e. openness, R&D, human capital and infrastructure. Our results provide evidence that equipment investment and exports are two of the most important determinants of both labour productivity and output in the long run even after controlling for other sources of growth in China. Furthermore, when human capital and infrastructure are included, the authors find that they have a positive effect on economic activity in the long run.ca_CA
dc.format.extent30 p.ca_CA
dc.format.mimetypeapplication/pdfca_CA
dc.language.isoengca_CA
dc.publisherSpringer-Verlagca_CA
dc.relation.isPartOfEmpirical Economics, February 2012, Volume 42, Issue 1ca_CA
dc.rights© Springer, Part of Springer Science+Business Media The final publication is available at link.springer.comca_CA
dc.subjectHuman capitalca_CA
dc.subjectExportsca_CA
dc.subjectInfrastructureca_CA
dc.subjectEquipment investmentca_CA
dc.subjectGrowthca_CA
dc.titleEquipment investment, output and productivity in Chinaca_CA
dc.typeinfo:eu-repo/semantics/articleca_CA
dc.identifier.doihttp://dx.doi.org/10.1007/s00181-010-0418-z
dc.rights.accessRightsinfo:eu-repo/semantics/openAccessca_CA
dc.relation.publisherVersionhttp://link.springer.com/article/10.1007/s00181-010-0418-zca_CA


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