By extending the traditional productivity theory,a new concept total productivity( TP) is introduced. Using a directional distance function approach,the concept is applied to measuring economic growth of 8 economic re...By extending the traditional productivity theory,a new concept total productivity( TP) is introduced. Using a directional distance function approach,the concept is applied to measuring economic growth of 8 economic regions of China covering an 18 years period( 1997—2014) and test its convergence. Results showed that TP grew at an average rate of 6. 6% per year led mainly by technical change( 6. 5%). When environmental undesirable outputs are included,the Middle Yellow River,Northwest and Southwest regions of China witnessed higher productivity changes. Results of the convergence analysis revealed that China had made progress in reducing regional imbalance in growth. Inclusion of undesirable output showed that the energy-saving emission reduction policies had speed up the convergence rate of TP and environment oriented productivity. However,China's welfare oriented productivity is still very low.展开更多
How to realize the transition of China’s economic growth from"speed type"to"quality type"is a problem full of exploratory contents;scholars give it wide attention from different theoretical perspe...How to realize the transition of China’s economic growth from"speed type"to"quality type"is a problem full of exploratory contents;scholars give it wide attention from different theoretical perspectives.And it is an indispensable part of the theoretical research to design an index to measure the transition process from speed to quality from the quantitative angle,so as to visually reflect the degree of transition of economic growth.By drawing on the economic principles and design ideas of the market index,this paper designs the quality index as the quantitative indicator to measure the transition of economic growth model,and quantitatively measures the degree of realization from"Shenzhen speed"to"Shenzhen quality".The results of the empirical evaluation indicate that"Shenzhen speed"has begun to transit to"Shenzhen quality",but the improvement of people’s living standards falls behind substantially the level of economic development of Shenzhen.Regarding this as an opportunity,this paper provides an analytical idea for a quantitative measurement of the economic growth transition in China.展开更多
基金Ministry of Education of Humanities and Social Sciences Youth Project,China(No.17YJCZH154)
文摘By extending the traditional productivity theory,a new concept total productivity( TP) is introduced. Using a directional distance function approach,the concept is applied to measuring economic growth of 8 economic regions of China covering an 18 years period( 1997—2014) and test its convergence. Results showed that TP grew at an average rate of 6. 6% per year led mainly by technical change( 6. 5%). When environmental undesirable outputs are included,the Middle Yellow River,Northwest and Southwest regions of China witnessed higher productivity changes. Results of the convergence analysis revealed that China had made progress in reducing regional imbalance in growth. Inclusion of undesirable output showed that the energy-saving emission reduction policies had speed up the convergence rate of TP and environment oriented productivity. However,China's welfare oriented productivity is still very low.
文摘How to realize the transition of China’s economic growth from"speed type"to"quality type"is a problem full of exploratory contents;scholars give it wide attention from different theoretical perspectives.And it is an indispensable part of the theoretical research to design an index to measure the transition process from speed to quality from the quantitative angle,so as to visually reflect the degree of transition of economic growth.By drawing on the economic principles and design ideas of the market index,this paper designs the quality index as the quantitative indicator to measure the transition of economic growth model,and quantitatively measures the degree of realization from"Shenzhen speed"to"Shenzhen quality".The results of the empirical evaluation indicate that"Shenzhen speed"has begun to transit to"Shenzhen quality",but the improvement of people’s living standards falls behind substantially the level of economic development of Shenzhen.Regarding this as an opportunity,this paper provides an analytical idea for a quantitative measurement of the economic growth transition in China.