This study applies a stochastic frontier production approach to decompose the sources of total productivity (TFP) growth into technical progress and changes in technical efficiency of 8057 firms in Vietnamese manufact...This study applies a stochastic frontier production approach to decompose the sources of total productivity (TFP) growth into technical progress and changes in technical efficiency of 8057 firms in Vietnamese manufacturing industries during 2003-2007. Using both total manufacturing industry and sub-manufacturing industrial regressions, the analysis focuses on the trend of technological progress (TP) and technical efficiency change (TEC), and the role of productivity change in economic growth. According to the estimated results, the annual technical progress for the manufacturing industry and sub-manufacturing industries are calculated directly from the estimated parameters of the translog stochastic frontier production function by taking a partial derivative of output with respect to time t. The average technical changes in manufacturing industry and sub-manufacturing industries are positive, with an average technical change about 5.2%, 5.8%, 5.4%, 11.8%, 4.6%, 4.1%, 7.3%, 4.8%, 4.8% and 4.8% for total sample, food products & beverages, textile & wearing apparel, footwear, paper & products, industrial chemicals, rubber & plastic products, non- metallic mineral, basic & fabricated metal and other sub-industries, respectively. Total TFP in the manufacturing sector has grown at the annual rate of 0.052, although the rate of growth decreased continuously during the sample period. For the sub-industry estimates during the sample period, TFP grew fastest in the footwear sub-industry, with annual average growth rate of 11.8%, followed by the rubber & plastic products with a rate of 7.3%, and the food products & beverages with a rate of 5.8% per annum.展开更多
This study proposed a decomposition method based on the normalized quadratic shadow unit cost function to explore the determinants of the change in energy intensity in China from 1985 to 2010.The decomposition analysi...This study proposed a decomposition method based on the normalized quadratic shadow unit cost function to explore the determinants of the change in energy intensity in China from 1985 to 2010.The decomposition analysis indicates that (1) the improvement in technical efficiency dramatically reduced the energy intensity,whereas technological change played only a minor role,which could be attributed to a rebound effect;(2) the aggregated allocation effect was small because the change in the allocative distortion between capital and energy significantly enhanced energy intensity but was partly offset by the effect stemming from the change in the allocative distortion between capital and energy;and (3) the substitution of energy for labor increased energy intensity,but the aggregated substitution effect significantly reduced energy intensity because the substitution of capital for energy reduced energy intensity to a great extent.These findings were obtained at the national level and varied at die regional level.展开更多
文摘This study applies a stochastic frontier production approach to decompose the sources of total productivity (TFP) growth into technical progress and changes in technical efficiency of 8057 firms in Vietnamese manufacturing industries during 2003-2007. Using both total manufacturing industry and sub-manufacturing industrial regressions, the analysis focuses on the trend of technological progress (TP) and technical efficiency change (TEC), and the role of productivity change in economic growth. According to the estimated results, the annual technical progress for the manufacturing industry and sub-manufacturing industries are calculated directly from the estimated parameters of the translog stochastic frontier production function by taking a partial derivative of output with respect to time t. The average technical changes in manufacturing industry and sub-manufacturing industries are positive, with an average technical change about 5.2%, 5.8%, 5.4%, 11.8%, 4.6%, 4.1%, 7.3%, 4.8%, 4.8% and 4.8% for total sample, food products & beverages, textile & wearing apparel, footwear, paper & products, industrial chemicals, rubber & plastic products, non- metallic mineral, basic & fabricated metal and other sub-industries, respectively. Total TFP in the manufacturing sector has grown at the annual rate of 0.052, although the rate of growth decreased continuously during the sample period. For the sub-industry estimates during the sample period, TFP grew fastest in the footwear sub-industry, with annual average growth rate of 11.8%, followed by the rubber & plastic products with a rate of 7.3%, and the food products & beverages with a rate of 5.8% per annum.
基金the National Natural Science Foundation of China(grant number 71203018)the Humanities and Social Sciences Fund of the Ministry of Education(grant number 12YJC790248)the Fundamental Research Funds for the Central Universities for their support
文摘This study proposed a decomposition method based on the normalized quadratic shadow unit cost function to explore the determinants of the change in energy intensity in China from 1985 to 2010.The decomposition analysis indicates that (1) the improvement in technical efficiency dramatically reduced the energy intensity,whereas technological change played only a minor role,which could be attributed to a rebound effect;(2) the aggregated allocation effect was small because the change in the allocative distortion between capital and energy significantly enhanced energy intensity but was partly offset by the effect stemming from the change in the allocative distortion between capital and energy;and (3) the substitution of energy for labor increased energy intensity,but the aggregated substitution effect significantly reduced energy intensity because the substitution of capital for energy reduced energy intensity to a great extent.These findings were obtained at the national level and varied at die regional level.
