China＇s Capital Stock Series by Region and Sector

作     者：Yanrui Wu 

作者机构：UWA Business School University of Western Australia Perth WA 6009 Australia 

出 版 物：《Frontiers of Economics in China-Selected Publications from Chinese Universities》 (中国高等学校学术文摘·经济学（英文版）)

年 卷 期：2016年第11卷第1期

页      面：156-172页

学科分类：120202[管理学-企业管理（含：财务管理、市场营销、人力资源管理）] 12[管理学] 02[经济学] 1202[管理学-工商管理] 0201[经济学-理论经济学] 020105[经济学-世界经济] 

主　　题：capital stock regional economies three sectors China 

摘      要：The lack of capital stock statistics for empirical research of the Chinese economy has for a long time been one of the major impediments in the profession. Professor Gregory Chow is one of the pioneers who attempted to deal with this matter. His seminal paper on China＇s capital formation and economic growth was published in 1993 （Chow, 1993）. Since then many authors have estimated their own capital stock data series. However, most authors have focused on investigations at the national level and their findings are not without controversies. In particular, few studies have provided estimates of capital stock for China＇s regional economies. This paper adds to the existing literature in several ways. First, it presents a critical review of the methods and findings in the existing literature. Second, it proposes an alternative approach to estimate China＇s capital stock series by region as well as across three economic sectors （agriculture, industry and services）. Finally, preliminary analyses of the derived capital stock statistics are conducted to examine growth, disparity and convergence in China＇s regional economies.