This paper falls into the broad area of economic geography and economics of creativity,and it presents an alternative approach to explain why total factor productivity(TFP)growth is different across China′s regions.I...This paper falls into the broad area of economic geography and economics of creativity,and it presents an alternative approach to explain why total factor productivity(TFP)growth is different across China′s regions.It establishes an empirical model to estimate the spatial agglomeration effects of creative industries on regional TFP growth,using China′s provincial panel data during the period of 2003 to 2010.We found that the creative industries agglomeration(CIA)has significant and positive impact on regional TFP growth.The result also implies that the CIA can facilitate regional TFP growth through promoting regional innovation instead of improving regional efficiency.Therefore,we argue that policy makers should take some measures to retain and establish more creative zones.展开更多
The high-quality development of the construction industry fundamentally stems from the significant improvement of total factor productivity.Therefore,it is of crucial significance for promoting the development of the ...The high-quality development of the construction industry fundamentally stems from the significant improvement of total factor productivity.Therefore,it is of crucial significance for promoting the development of the construction industry to a higher level by scientifically and accurately measuring the total factor productivity of the construction industry and deeply analyzing the influencing factors behind it.Based on a comprehensive consideration of research methods and influencing factors,this paper systematically reviews the existing relevant literature on total factor productivity in the construction industry,aiming to reveal the current research development trend in this field and point out potential problems.This effort aims to provide a solid theoretical foundation and valuable reference for further in-depth research,and jointly promote the continuous progress and development of total factor productivity research in the construction industry.展开更多
The recent China's growth slowdown is both cyclical and secular, driven by external and internal factors. In this article, I highlight several key internal factors that have hindered China's growth in recent y...The recent China's growth slowdown is both cyclical and secular, driven by external and internal factors. In this article, I highlight several key internal factors that have hindered China's growth in recent years. These include worsening misallocation of resources and declining growth of total factor productivity, plus rising household income inequality and debt overhang in the face of tightened liquidity constraint. All of these show the urgency for deepening reforms in China's key macroeconomic landscapes in order to remove institutional barriers and distortions deep-rooted in the nation's economic and financial structure, and to correct fundamental imperfections of its socialeconomic system. 1 argue that such refonns are of critical importance for China's pursuit of healthy and sustainable growth and of balanced and adequate development going forward.展开更多
Through a nonparametric Malmquist index approach, this paper analyzes the total factor productivity change in China's logistics industry with panel data of logistics listed corporation from 1999 to 2006, which decomp...Through a nonparametric Malmquist index approach, this paper analyzes the total factor productivity change in China's logistics industry with panel data of logistics listed corporation from 1999 to 2006, which decomposed into technical efficiency and technical progress. The result shows: (1) The average growth rate of Chinese logistics corporations from 1999 to 2006 is 0.4%, which is mainly due to the improvement of technical efficiency; (2) Technical progress which took the negative effect of the decline could not be neglected; (3) The role of technical efficiency and technical progress are different with time varying.展开更多
基金Under the auspices of National Natural Science Foundation of China(No.71172213,71171183)Ministry of Educa-tion,Humanities and Social Sciences Project(No.09YJA630153,10YJA790260)+1 种基金National Social Science Foundation of China(No.08&ZD043)Australian Research Council,and Chinese Academy of Sciences(CAS)Special Grant for Postgraduate Research,Inno-vation and Practice
文摘This paper falls into the broad area of economic geography and economics of creativity,and it presents an alternative approach to explain why total factor productivity(TFP)growth is different across China′s regions.It establishes an empirical model to estimate the spatial agglomeration effects of creative industries on regional TFP growth,using China′s provincial panel data during the period of 2003 to 2010.We found that the creative industries agglomeration(CIA)has significant and positive impact on regional TFP growth.The result also implies that the CIA can facilitate regional TFP growth through promoting regional innovation instead of improving regional efficiency.Therefore,we argue that policy makers should take some measures to retain and establish more creative zones.
基金Supported by School-level Natural Science Project of Jiangxi University of Technology(232ZRYB02).
文摘The high-quality development of the construction industry fundamentally stems from the significant improvement of total factor productivity.Therefore,it is of crucial significance for promoting the development of the construction industry to a higher level by scientifically and accurately measuring the total factor productivity of the construction industry and deeply analyzing the influencing factors behind it.Based on a comprehensive consideration of research methods and influencing factors,this paper systematically reviews the existing relevant literature on total factor productivity in the construction industry,aiming to reveal the current research development trend in this field and point out potential problems.This effort aims to provide a solid theoretical foundation and valuable reference for further in-depth research,and jointly promote the continuous progress and development of total factor productivity research in the construction industry.
文摘The recent China's growth slowdown is both cyclical and secular, driven by external and internal factors. In this article, I highlight several key internal factors that have hindered China's growth in recent years. These include worsening misallocation of resources and declining growth of total factor productivity, plus rising household income inequality and debt overhang in the face of tightened liquidity constraint. All of these show the urgency for deepening reforms in China's key macroeconomic landscapes in order to remove institutional barriers and distortions deep-rooted in the nation's economic and financial structure, and to correct fundamental imperfections of its socialeconomic system. 1 argue that such refonns are of critical importance for China's pursuit of healthy and sustainable growth and of balanced and adequate development going forward.
文摘Through a nonparametric Malmquist index approach, this paper analyzes the total factor productivity change in China's logistics industry with panel data of logistics listed corporation from 1999 to 2006, which decomposed into technical efficiency and technical progress. The result shows: (1) The average growth rate of Chinese logistics corporations from 1999 to 2006 is 0.4%, which is mainly due to the improvement of technical efficiency; (2) Technical progress which took the negative effect of the decline could not be neglected; (3) The role of technical efficiency and technical progress are different with time varying.