In 1987-92, the TFP growth shows almost zero at the average of all industries while negative TFP change is observed in nine industries. And, in the industries such as "textile" or "metal", which were supposed to be competitive those days in Chinese economy, TFP growth is marked big minus figures showing -2.35% and -4.76% respectively. Krugman's view that "expansion of production in Asia depends mostly on the expansion of input" seems to hold true for this period to some degree. As for the industries such as "transportation equipment", "general machinery", "electric appliances", which made active introduction of foreign capital, however, positive TFP growth is observed In 1992-97, the growth rate of TFP was larger compared with the preceding period in most of all industries. It is remarkable that the TFP growth was on the rise especially in the industries such as "general machinery", "electric appliances", "transportation equipment" and "other manufacturing". We can see the structure that the technology introduction from abroad boosts the development of Chinese economy.
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