Economics, Econometrics and Finance
8 years ago

Rapid TFP Growth in Binhai New Area's Industry Sparks Technological Revolution

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Science of Science and Management of S.& T
Technical Change,Technological Efficiency and Total Factor Productivity Growth in Tianjin Binhai New Area:Measurement Based on Malmquist Productivity Index
Xia Liang-ke

Paper Summary

The study analyzed the productivity growth in Tianjin Binhai New Area from 1999 to 2007. They found that the area experienced rapid growth in total factor productivity (TFP), mainly due to technical progress. However, technical efficiency did not improve much. Most industries in the area saw TFP growth, with foreign investment firms leading in technology. State-owned enterprises had the lowest technical level despite making progress.

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