2012•Journal of Northwest A&F UniversityRequires access

Research on Promotion of Efficiency of Hi-tech Industries From Perspective of Total Factor Productivity——Based on Empirical Analysis of Panel Data of Five Industries

Mingming Wang

Abstract

This paper analyzes the total factor productivity and technical efficiency using the nonparametric Malmquist index approach based on panel data of industry from 2000-2008.The results show:The TFP growth rate of hi-tech industries is mostly promoted by technical progress,in addition,there are many differences of Malmquist index among five industries and the ability of independent innovation is a little weaker relatively.Finally,this paper proposes some policy recommendations including optimizing allocation of resources and improving independent innovation system,in order to promote the efficiency of high-tech industries and implement the self-dependent innovation strategy.

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Key concepts: Panel data, Total factor productivity, Malmquist index, Productivity, Technical progress, High tech, Industrial organization, Nonparametric statistics