Thereby, in the
production function, only primary factor inputs, namely capital and labour, are taken into
account. For the period between 1952 and 1995, industrial value added data are originated
from “GDP 1952-95”, while value added figures from 1978 to 2005 come from the various
issues of “China Statistical Yearbook” (CSY). It should be stated that between 1978 and
1995, both “GDP 1952-95” and “China Statistical Yearbook” report identical values.