China has exhibited very rapid measured aggregate productivity growth. At the same time, the structure of its markets and the structure of businesses have been changing at an equally rapid rate. In this paper, we measure the extent of restructuring and the reallocation of resources (including...

This article is based on a study by Bart van Ark, Robert Inklaar and Robert H. McGuckin (2002a), "Changing Gear: Productivity, ICT and Service: Europe and the United States," Research Memorandum GD60, Groningen Growth and Development Centre (downloadable from http://www.eco.rug.nl/ggdc).