Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《Journal of Finance and Economics》 2009-06
Add to Favorite Get Latest Update

Industrial Production Performance in China from 1998 to 2007:Analysis Based on Generalized Stochastic Frontier Production Function of Subdivided Industries

GAN Chun-hui,ZHENG Ruo-gu(School of International Business Management, Shanghai Universityof Finance and Economics, Shanghai 200433, China)  
Based on generalized stochastic frontier production function, the paper analyses the panel data of 36 subdivided industries from 1998 to 2007 and estimates the technological efficiency and the total factor productivity of industries in China. The results show that the market-oriented economic system,large industrial scales and low energy consumption are all conducive to the improvement of production efficiency. The industrial production efficiencies in China are fluctuating, and there exist huge differences between production efficiencies of industries. The total factor productivity is fluctuating too, but as a whole, it is rising and reaches the peak in 2003. The relationship between industrial scale and production efficiency is featured by downward-looking parabola, and industrial scale has negative effects on TFP. The growth of industrial TFP is mainly due to technological progress and the improvement of resource allocation efficiency, but the sources of TFP growth between industrial vary wildly.
【Fund】: 国家社科基金项目资助(06BJL042);; 教育部新世纪优秀人才支持计划(NCET-07-0531)
【CateGory Index】: F424;F224
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved