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.