Table AV Dynamic decompositions of...

Table AV

Dynamic decompositions of productivity growth change 2000–2016 (percent)

Period	Total change	Firm improvement	Reallocation	Covariance	Net entry	Entry	Exit
2000–2001	0.001	0.012	−0.091	−0.033	0.113	0.277	0.164
2001–2002	−0.117	−0.049	−0.037	−0.046	0.016	0.175	0.159
2002–2003	0.038	0.071	−0.065	−0.027	0.058	0.178	0.119
2003–2004	0.020	0.037	−0.076	−0.018	0.077	0.198	0.121
2004–2005	−0.020	0.004	−0.024	−0.016	0.016	0.145	0.128
2005–2006	0.073	0.094	−0.047	−0.021	0.046	0.181	0.135
2006–2007	0.088	0.115	−0.124	−0.028	0.125	0.231	0.107
2007–2008	−0.009	0.130	−0.085	−0.036	0.075	0.209	0.134
2008–2009	0.139	0.069	−0.031	−0.024	0.052	0.184	0.132
2009–2010	0.010	0.065	−0.036	−0.024	0.065	0.200	0.135
2010–2011	0.041	0.046	−0.037	−0.030	0.062	0.232	0.170
2011–2012	0.067	0.073	−0.002	−0.014	0.010	0.153	0.144
2012–2013	0.021	0.033	−0.037	−0.019	0.043	0.206	0.163
2013–2014	0.065	0.090	−0.047	−0.025	0.047	0.210	0.163
2014–2015	0.107	0.126	−0.077	−0.023	0.081	0.197	0.116
2015–2016	0.035	0.074	−0.106	−0.014	0.081	0.223	0.141
Total	0.558	0.953	−0.945	−0.398	0.947	3.179	2.233
Light industry	0.245	0.652	−0.633	−0.260	0.486	1.692	1.206
Heavy industry	0.050	0.133	−0.238	−0.063	0.218	0.777	0.560
Other industry	0.263	0.168	−0.074	−0.075	0.243	0.710	0.467
State-owned firms	−0.435	0.058	−0.408	−0.023	−0.062	0.422	0.485
Private firms	0.993	0.895	−0.537	−0.374	1.009	2.757	1.748
Small and medium firms	0.445	0.389	−0.120	−0.233	0.409	1.631	1.222
Large firms	0.112	0.565	−0.825	−0.165	0.538	1.548	1.010

Period	Total change	Firm improvement	Reallocation	Covariance	Net entry	Entry	Exit
2000–2001	0.001	0.012	−0.091	−0.033	0.113	0.277	0.164
2001–2002	−0.117	−0.049	−0.037	−0.046	0.016	0.175	0.159
2002–2003	0.038	0.071	−0.065	−0.027	0.058	0.178	0.119
2003–2004	0.020	0.037	−0.076	−0.018	0.077	0.198	0.121
2004–2005	−0.020	0.004	−0.024	−0.016	0.016	0.145	0.128
2005–2006	0.073	0.094	−0.047	−0.021	0.046	0.181	0.135
2006–2007	0.088	0.115	−0.124	−0.028	0.125	0.231	0.107
2007–2008	−0.009	0.130	−0.085	−0.036	0.075	0.209	0.134
2008–2009	0.139	0.069	−0.031	−0.024	0.052	0.184	0.132
2009–2010	0.010	0.065	−0.036	−0.024	0.065	0.200	0.135
2010–2011	0.041	0.046	−0.037	−0.030	0.062	0.232	0.170
2011–2012	0.067	0.073	−0.002	−0.014	0.010	0.153	0.144
2012–2013	0.021	0.033	−0.037	−0.019	0.043	0.206	0.163
2013–2014	0.065	0.090	−0.047	−0.025	0.047	0.210	0.163
2014–2015	0.107	0.126	−0.077	−0.023	0.081	0.197	0.116
2015–2016	0.035	0.074	−0.106	−0.014	0.081	0.223	0.141
Total	0.558	0.953	−0.945	−0.398	0.947	3.179	2.233
Light industry	0.245	0.652	−0.633	−0.260	0.486	1.692	1.206
Heavy industry	0.050	0.133	−0.238	−0.063	0.218	0.777	0.560
Other industry	0.263	0.168	−0.074	−0.075	0.243	0.710	0.467
State-owned firms	−0.435	0.058	−0.408	−0.023	−0.062	0.422	0.485
Private firms	0.993	0.895	−0.537	−0.374	1.009	2.757	1.748
Small and medium firms	0.445	0.389	−0.120	−0.233	0.409	1.631	1.222
Large firms	0.112	0.565	−0.825	−0.165	0.538	1.548	1.010

Note: TFP is estimated by ACF method