The Efficiency of Chinese Industries Based on Meta-frontier DEA Model
LI Peng1, HU Han-hui2
1.School of Economics and Management, Southeast University, Nanjing 211189, China;2. Central of Group Economy and Industry Organization Research, Southeast University, Nanjing, Nanjing 210096, China
Abstract:
In order to explore the present situation of industrial development, this paper applies MML index to estimate the industries’ total factor productivity and its components based on data of Chinese three-digit industries over the period 2006 to 2010 and empirically examines factors of productivity changes based on Tobit model. The major conclusions are as follows: As concerning the technology gap ratio, the mid- low-tech industries is relatives stable, but others dark “V” shaped by the financial crisis; all groups have a tendency to amplify in potential technology and living space. Home market size play a positive role in TFP growth, opening rate, firm size, cost of capital and the proportion of fixed assets have significant negative effect, other factors have no significant effect.