Abstract:
Information resources industry (IRI) has great significance in the transformation of China’s economic development mode, the optimization and upgrading of traditional industries and expanding employment. Based on Solow Residual method, this paper measures the total factor productivity (TFP) of China’s IRI and its sub-industry during 1990-2010. The results indicate that the contribution rate of TFP on IRI and its sub-industry are large, and TFP growth rate shows a rapid growth trend before 2002 and a gradual decline trend after 2002. The main reason is that the rapid growth of capital and labor investment has failed to drive the synchronous growth of output.
XIE Xiao-ke, TANG Shou-lian.Studies on the Total Factor Productivity of China’s Information Resources Industry and Its Sub-industry[J] Economic Survey, 2014,V31(1): 96-100