Labour productivity differences across cities in China.
The People’s Republic of China (PRC) is now the world’s fastest-growing economy in terms of norminal Gross Domestis Product (GDP) and Purchasing Power Parity (PPP), with growth rates averaging 10% over the past 30 years (International Monetary Fund, 2012). Even though China’s nominal GDP has increas...
Saved in:
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2013
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/52222 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | The People’s Republic of China (PRC) is now the world’s fastest-growing economy in terms of norminal Gross Domestis Product (GDP) and Purchasing Power Parity (PPP), with growth rates averaging 10% over the past 30 years (International Monetary Fund, 2012). Even though China’s nominal GDP has increased drastically in the recent years, growth has not been uniform throughout the Chinese cities. Some cites have been developing at a faster rate and while some at a slower rate. As a result of differing growth rates, there have been concerns about inter-city income disparity. Along with rapid increase in growth, focus is also on China’s labour productivity disparities between Chinese regions and cities. This paper will focus on how differing labour productivity will impact on growth, specifically in China’s context. The authors are particulary interested in how agglomeration, human capital and Foreign Direct Investment (FDI) will affect labour productivity and thus, growth. This paper will serve as a good basis for future empirical research regarding factors influencing growth. |
|---|