2009Contemporary Finance and EconomicsRequires access

An Analysis of Characteristics of Stage and Regional Changes of TFP of China’s Service Industry:Based on the Provincial Panel Data of 1978-2007

Xing-Kai Liu

Open publisher page 0 citations

Abstract

TFP growth in China’s service industry shows a trend of decline in stages.The 80’s and 90’s of 20th century are two stages of TFP growth with significant differences,while in recent years the downward trend continues.With the progress of capital deepening in the service sector,the role of factor inputs for the services growth is quite obvious,while the contribution of TFP growth is gradually reduced.From a regional perspective,the TFP growth shows obvious difference among the three areas: the East,Central and West.In the stage analysis of the three great areas,the effects of technological progress and technical efficiency on the TFP growth show different characteristics.

About this research paper

What this paper is about

TFP growth in China’s service industry shows a trend of decline in stages.The 80’s and 90’s of 20th century are two stages of TFP growth with significant differences,while in recent years the downward trend continues.With the progress of capital deepening in the service sector,the role of factor inputs for the services growth is quite obvious,while the contribution of TFP growth is gradually reduced.From a regional perspective,the TFP growth shows obvious difference among the three areas: the East,Central and West.In the stage analysis of the three great areas,the effects of technological progress and technical efficiency on the TFP growth show different characteristics.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

TFP growth in China’s service industry shows a trend of decline in stages.The 80’s and 90’s of 20th century are two stages of TFP growth with significant differences,while in recent years the downward trend continues.With the progress of capital deepening in the service sector,the role of factor inputs for the services growth is quite obvious,while the contribution of TFP growth is gradually reduced.From a regional perspective,the TFP growth shows obvious difference among the three areas: the East,Central and West.In the stage analysis of the three great areas,the effects of technological progress and technical efficiency on the TFP growth show different characteristics.

Key concepts: Total factor productivity, Economics, China, Tertiary sector of the economy, Panel data, Service (business), Capital (architecture), Technical progress

Related papers

Back to paper searchBrowse research topicsOriginal source
An Analysis of Characteristics of Stage and Regional Changes of TFP of China’s Service Industry:Based on the Provincial Panel Data of 1978-2007 — Research Paper | ScholarLens