China's Slowing Economic Growth and Total Factor Productivity

Economics in Action

Join us in this episode of our podcast as we delve into a critical aspect of China's economic landscape: its slowing economic performance. As China's rapid economic growth of previous decades begins to show signs of deceleration, questions arise about the factors contributing to this shift. One crucial lens through which we'll examine this issue is Total Factor Productivity (TFP). We'll explore why TFP matters in assessing China's economic trajectory, discussing how it encapsulates the efficiency of resource utilization, technological advancements, and the overall effectiveness of economic institutions.

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