浙江省民营企业投资绩效评价研究——基于全要素生产率视角

Research of Zhejiang province private enterprise investment performance——angle based on total factor productivity

本文将全要素生产率应用到微观企业用以测度企业投资绩效。采用索罗剩余法,利用创业板上市公司2011-2013年数据计算全要素生产率。设计参数模型对浙江省创业板上市公司投资绩效的来源进行测算与评价。结果显示,研发与投入资本对投资绩效影响较大,投资在短期内对投资绩效效果不显著。

Total factor productivity applied to micro-enterprise businesses to measure investmentperfo rmance.With solow residual method,data of listed companies on GEM from 2011-2013were used to calculate TFP. By using the parameter model to measure and evaluate the source of the investment performance of listed companies on GEM.The result showed that R＆D and capital had a greater influence on investment performance.Investment do not have a significance effect on investment performance in the short term.