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Empirical Research on the Growth of Total Factor Productivity of Chinese Construction Industry in 1993-2003

XU Kang-nin

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Abstract

This paper analyzes the growth of total factor productivity of Chinese construction industry by means of non-parameter Malmquist index. The result of research is that in 1993-2003 the growth of Chinese construction industry TFP is due to technical progress, but reduction of technology efficiency gives a negative impact to it; Growth of construction industry TFP is different in east region, middle region, west region of China; Developing regions may catch up with developed regions through technology transfer.

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What this paper is about

This paper analyzes the growth of total factor productivity of Chinese construction industry by means of non-parameter Malmquist index. The result of research is that in 1993-2003 the growth of Chinese construction industry TFP is due to technical progress, but reduction of technology efficiency gives a negative impact to it; Growth of construction industry TFP is different in east region, middle region, west region of China; Developing regions may catch up with developed regions through technology transfer.

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Available abstract

This paper analyzes the growth of total factor productivity of Chinese construction industry by means of non-parameter Malmquist index. The result of research is that in 1993-2003 the growth of Chinese construction industry TFP is due to technical progress, but reduction of technology efficiency gives a negative impact to it; Growth of construction industry TFP is different in east region, middle region, west region of China; Developing regions may catch up with developed regions through technology transfer.

Key concepts: Total factor productivity, Productivity, Industry of China, China, Index (typography), Malmquist index, Technical progress, Economic geography

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