IMPACT OF RIGIONAL FACTORS ON PRODUCTIVITY IN CHINA*
将中国区域生产环境分解为教育禀赋、外商直接投资、集聚、生产者市场可达性和消费者市场可达性五个因素，估计它们对机械制造和食品制造行业生产率的影响，发现这些因素显著影响区域生产率。
ABSTRACT. The regional production environment in China is decomposed into five regional factors: education endowment, foreign direct investment, agglomeration, producer's market accessibility, and consumer's market accessibility. The impacts of these regional factors on the Chinese machinery building industry and food manufacture industry are estimated across 30 regions. The estimates are highly significant and show that these regional factors substantially affect regional productivity. Across regions and over time, the capital return rate is positively related to the ratio of the total regional factor impact to the wage rate.