Decision Sciences
3 years ago

Industrial Efficiency Soars in Liaoning Province, Boosting Economic Growth.

Efficiency Evaluation of Regional Industrial Transformation and Upgrading: Empirical Analysis Based on Panel Data of Liaoning Province from 2007 to 2012
Lin Wei, Xiaoxue Lu, Xiaozhu Wang

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The article analyzes industrial development in Liaoning Province from 2007 to 2012. It uses a method called super efficiency DEA to evaluate how well industries are transforming and upgrading. The results show that by 2012, the efficiency of industrial development had improved compared to 2007. Equipment manufacturing and petrochemical industries remain crucial in the province's industrial system.