摘要
本文基于国泰安数据库以及手动收集的上市公司销售量数据,运用ACF方法测算了2011—2019年期间企业的物质全要素生产率(TFPQ)和价值全要素生产率(TFPR),比较了两者的变化趋势以及收敛情况。结果显示,整体、分地区、分行业的TFPR呈现先增长后下降的态势,而TFPQ基本表现出较平稳的增长,非国有企业和年轻企业TFPQ明显更大。制造业企业TFPR整体上存在绝对β收敛,且TFPR绝对β收敛的速度大于TFPQ。部分行业和地区的企业TFPQ不存在绝对β收敛但存在条件β收敛,行业、地区层面的企业TFPR基本都存在绝对β收敛。测算剔除价格因素的生产率TFPQ,并从行业、地区、企业性质等方面分别与TFPR对比分析,能对中国制造业技术效率变化进行更直观的审视,并有助于把握行业和地区间真实的全要素生产率水平的增长,为推动我国制造业高质量发展提供经验证据。
Measure the total factor productivity of quantity(TFPQ)and total factor productivity of revenue(TFPR)level of listed companies in China's manufacturing industry,excluding price factors,and systematically analyze the changing trends and convergence of TFPQ and TFPR across the country,by region,industry,company nature and company age.Based on the Guotaian database and manually collected sales volume data of listed companies,the ACF method was used to measure TFPQ and TFPR,and the convergence of the two was tested.The study found that the overall,regional,and regional TFPR showed a trend of first growth and then a decline,while TFPQ basically showed a relatively stable growth,and the TFPQ of non-state-owned enterprises and young enterprises was significantly larger.Manufacturing companies,TFPQ and TFPR have absoluteβconvergence as a whole.Some industries and regions do not have absoluteβconvergence but haveβconvergence.TFPR basically has absoluteβconvergence no matter which industry or region.The previous research ignores the actual difference 245 between TFPQ and TFPR.This article not only uses estimation strategies to infer material productivity,but also uses available data to directly measure material productivity,and conduct a convergence test on the TFPQ and TFPR of listed companies.Comparison,so as to conduct a more intuitive examination of the changes in the technical efficiency of China's manufacturing industry.Value productivity TFPR contains price factors that cannot reflect the true technical efficiency,and thus cannot be a basis for providing policy recommendations.Measuring and analyzing TFPQ helps to grasp the true growth of TFP levels between industries and regions,and provides empirical evidence for promoting high-quality development of Chinamanufacturing industry.
作者
肖挺
唐宇晨
Ting Xiao;Yuchen Tang(School of International Economics and Trade,Jiangxi University of Finance&Economics;Institution of International Economics,School of Economics,NanKai University)
出处
《经济学报》
CSSCI
2023年第2期211-246,共36页
China Journal of Economics
基金
国家自然科学基金地区项目《制造企业业务维度对服务化收益影响机制研究:基于与服务供应商合作关系的视角》(72262015)
江西省教育厅科技项目《信号理论视角下制造企业“服务化困境”问题的实证评估》(GJJ210522)。
