Gao, Yuning; Zheng, Yunfeng; Hu, Angang; Meng, Bo - Institute of Developing Economies, Japan External Trade … - 2015
The rapid growth of China's economy has brought about huge losses of natural capital in the form of natural resource depletion and damages from carbon emissions. This paper recalculates value added, capital formation, capital stock, and related multifactor productivity in China's industrial...