Empirical Analysis of Technical Efficiency in Information Services
Bao Yang Li, Ya Zhou
Abstract
Bao Yang Li, Ya Zhou
Abstract
With the high development of knowledge-based economy, information service industry plays an important role in driving economic transition. We use stochastic frontier analysis (SFA) method to estimate the technical efficiency in seven cities of Zhejiang Province in China. We find that the average technical efficiency of information services industry is high and have different developed trends among the cities. The human capital、industrial concentration degree, openness and urbanization have significant impact on technical efficiency, while government behaviors do not show significant effect.
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With the high development of knowledge-based economy, information service industry plays an important role in driving economic transition. We use stochastic frontier analysis (SFA) method to estimate the technical efficiency in seven cities of Zhejiang Province in China. We find that the average technical efficiency of information services industry is high and have different developed trends among the cities. The human capital、industrial concentration degree, openness and urbanization have significant impact on technical efficiency, while government behaviors do not show significant effect.
Key concepts: Stochastic frontier analysis, Urbanization, Openness to experience, Government (linguistics), Tertiary sector of the economy, Frontier, Business, China