YANRUI WU is an economist specializing in development economics, international trade and applied econometric modelling. His research interests include the Chinese and Asian economies, productivity analysis, economic growth, resource and environmental economics. He has published extensively in these fields. His teaching interests include international economics, business econometrics and development economics.

• Preface Introduction Measuring China's Capital Stock Revisiting the Productivity Debate New Economy, Productivity and Growth New Economy and Efficiency among the Regions Foreign Direct Investment and Productivity Growth Efficiency of Foreign-funded and Domestic Enterprises Conclusion

YANRUI WU is an economist specializing in development economics, international trade and applied econometric modelling. His research interests include the Chinese and Asian economies, productivity analysis, economic growth, resource and environmental economics. He has published extensively in these fields. His teaching interests include international economics, business econometrics and development economics.

• Preface Introduction Measuring China's Capital Stock Revisiting the Productivity Debate New Economy, Productivity and Growth New Economy and Efficiency among the Regions Foreign Direct Investment and Productivity Growth Efficiency of Foreign-funded and Domestic Enterprises Conclusion