VISITING FELLOW - Professor of Economics, Institute of Economic Research, Hitotsubashi University, Tokyo, Japan
Period of residence: 
Du 24 juin jusqu'au 6 juillet
Research project: 
Assessing the characteristics of China’s growth episodes, jointly with Eric Girardin Professor of Economics Aix-Marseille-University (AMSE)
Summary of the research project: 

The durable slowdown of the Chines economy in the wake of the global financial crisis keeps sending shock waves world wide as a mirror image to China’s boost to global growth a decade earlier. Is such a growth slowdown, even in official data, a sign that China’s potential rate of growth has collapsed from the Himalayan heights seemingly reached during its previous long-lasting great spurt (or miracle by Lin, Cai and Li, 2003)? While many Chinese scholars would provide a positive answer, other, equally prominent researchers (Lin, 2012), dissent from this downbeat assessment and see a huge untapped gap with the US frontier as a safe guarantee for high growth over the decade(s) ahead. The lesson from the extensive literature since the 1950s on growth in latecomers is that stable sustainable growth can only establish itself after a discontinuity associated with high-speed great spurt. We argue that to examine China’s long catching-up process especially post-1978 reform one needs to empirically detect and assess China’s growth episodes characterized by different speeds and durations, especially its often claimed, long-lasting great spurt episode. To this end we propose a novel approach that involves a focus on industrialization with a substantial data reconstruction effort, international benchmarking, and historical industrial growth-regime modeling.

Lien(s) web: 


Professor Harry Wu is specialized in growth and macroeconomic measurement. He has made significant contributions to the debate of the growth performance of the Chinese economy. He has devoted most of his academic life to pains-taking data constructions for the Chinese economy and currently developing two databases: China Growth Database (CGD) focusing on alternative indicators to official statistics and China Industrial Productivity Database (CIP/China KLEMS), as part of the World KLEMS initiative at the Harvard University. Professor Wu worked closely with the late Professor Angus Maddison on China data at the Groningen Growth and Development Center, The Netherlands. He is currently working for the China part of The Conference Board Total Economy Database (TED) which has been developing and maintaining the Maddison Database. He is a member of the world-wide Maddison Project.

Professor Wu received his BA and MA in Economics in 1982 and 1985 from Nankai School of Economics, Nankai University, China. From 1985 he worked for the Institute of Population and Economic Research at Nankai University and at the same time, joined a Beijing-based think tank, CITIC Institute of International Affairs and worked for China Young Economists Association as an associate editor of its official journal, Journal of Young Economist Forum. In 1988-93, as an UN/DTCD Fellow he conducted M.Phil and D.Phil studies at Waikato University, New Zealand. He continued his research as a post-doctoral fellow in University of Adelaide in 1993-1995 and then worked as a senior economist at East Asia Analytical Unit of the Australian Department of Foreign Affairs and Trade. From 1997 to 2008 he taught at the Hong Kong Polytechnic University. In 2009, he joined the Institute of Economic Research, Hitotsubashi University.

Professor Wu’s research papers have appeared in journals like Journal of Comparative Economics, Journal of Banking and Finance, Applied Economics, The Review of Income and Wealth, Explorations in Economic History, China Economic Review, The China Quarterly, Asian Economic Papers, and World Economics.

Curriculum Vitae: