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About CIP China Industrial Productivity Database and Its Relation with the KLEMS

The CIP Plan. The current project is for the period 2010-12Objective: conceptually standard, consistent classification, and internationally compatible database for production function analysis of the Chinese economy at industry level . The CIP Plan . Institutional set up of the CIPIER/Hitotsu

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About CIP China Industrial Productivity Database and Its Relation with the KLEMS

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    1. About CIP (China Industrial Productivity Database) and Its Relation with the KLEMS Harry X. Wu IER, Hitotsubashi University, Tokyo The 1st World KLEMS Conference, Harvard University, August 19-20, 2010

    2. The CIP Plan The current project is for the period 2010-12 Objective: conceptually standard, consistent classification, and internationally compatible database for production function analysis of the Chinese economy at industry level

    3. The CIP Plan… Institutional set up of the CIP IER/Hitotsubashi-RIETI Asian KLEMS TCB China Center NBS-TCB joint program

    4. The CIP Plan… Features of the CIP database Period to be covered: 1980-2010 Industry classification: Based on CSIC2002, linked to CSIC1972, CSIC1985 and CSIC1994, reconcilable with the World KLEMS Labor: numbers employed, adjusted for hours worked; adjusted for quality by the standard user cost approach; matching the adjusted input-output tables

    5. Capital: decomposed into production structures, residential structures and equipment; deflated by re-constructed industry specific deflators; adjusted for quality by the standard user costs approach; matching the adjusted input-output tables Output: based on input-output tables, adjusted for inconsistency with industry-level input accounts; deflated by industry-specific output deflators The CIP Plan…

    6. Links to my previous work featured by … 39 (grouped to 24) industries of the industrial sector from 1949/52-2000/05, satisfying CSIC1994-CSIC2002 (Chart)

    8. Links to my previous work… Employment series, reconstructed and conceptually adjusted to international standards in numbers, hours, compensation, and quality (Table) (Chart), … in parallel to a tidied version of NBS series on numbers employed

    10. Links to my previous work… Capital stock series, estimated with a novel approach in deriving flows, constructing initial stock, measuring prices and determining depreciation function

    11. Links to my previous work… Output series, reconstructed to tackle problems in levels, prices and inconsistencies, in parallel to a tidied version of NBS series (Chart 2)

    12. Output problems?

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