Research Progress and Prospects of Total Factor Productivity in the Construction Industry

The high-quality development of the construction industry fundamentally stems from the significant improvement of total factor productivity.Therefore,it is of crucial significance for promoting the development of the construction industry to a higher level by scientifically and accurately measuring the total factor productivity of the construction industry and deeply analyzing the influencing factors behind it.Based on a comprehensive consideration of research methods and influencing factors,this paper systematically reviews the existing relevant literature on total factor productivity in the construction industry,aiming to reveal the current research development trend in this field and point out potential problems.This effort aims to provide a solid theoretical foundation and valuable reference for further in-depth research,and jointly promote the continuous progress and development of total factor productivity research in the construction industry.

Research on the Impact of China’s Foreign Trade Technology Spillover on Green Total Factor Productivity of Countries Along the“Belt and Road”:Based on the Institutional Quality Threshold Effect

China’s growing trade with countries along the“Belt and Road”Initiative is accompanied by a focus on green development.Based on the panel data from 2007 to 2018,this paper establishes a threshold regression model to empirically analyze the institutional quality threshold effect of China’s foreign trade technology spillover on the GTFP of countries along the“Belt and Road.”The results show that China’s foreign trade technology spillover has a significant institutional quality double threshold effect on the green total factor productivity of the countries along the“Belt and Road.”As the institutional quality of the countries along the“Belt and Road”crosses a specific threshold value,the impact of China’s foreign trade technology spillover on the green total factor productivity of the countries along the“Belt and Road”has a significant positive promoting effect,and corresponding suggestions are put forward.

Does innovative city pilot policy promote urban green growth in China?An analysis of green total factor productivity,2005-2020

The innovative city pilot policy(ICPP)is an essential manifestation of China’s construction of an innovative and green-driven development country.We incorporated urban green total factor productivity(GTFP)growth into the evaluation of ICPP.Based on the panel data of 223 cities in China from 2005 to 2020,we used the difference-in-differences model to empirically assess the influence and mechanism of the ICPP on urban GTFP growth.The main results show that(i)The ICPP has maintained an effectively fluctuating promotion on urban GTFP growth,mainly manifested in the urban green technological progress improvement.(ii)The ICPP has urban heterogeneity in promoting GTFP growth in pilot cities,mainly affecting key cities such as provincial capitals.(iii)The interaction between the agglomeration of producer services and the ICPP inhibits GTFP growth in pilot cities.

The Impact of the Establishment of National High-tech Zones on Total Factor Productivity of Chinese Enterprises

The National High-tech Zone(NHTZs)is an important strategic platform for cultivating high-tech industries and realizing high-quality economic development in China.Based on the combined data from 2006 to 2014 of the industrial enterprise database,the customs database,and the China Development Zones Audit and Announcement Catalogue(abbreviated asthe Catalogue),this paper systematically investigates the influence of the construction of NHTZs on enterprise’s total factor productivity(TFP).Results show that NHTZs have a positive impact on the TFP of enterprises in the zone,and this conclusion is still valid after considering endogeneity problems.Furthermore,the above productivity effects of NHTZs are heterogeneous in terms of enterprise ownership,external environment and establishment time,and NHTZs have greater stimulation effects on enterprise productivity after comparing with other types of functional zones.An investigation of the specific mechanisms at play shows that NHTZs promote the TFP of enterprises in the zone through the release of preferential policies,strengthening the“technology spillover effects”of imported intermediate goods,enhancing enterprise’s innovation ability and attracting talent.In addition,based on the decomposition of industry productivity,this paper also investigates the impact of NHTZs on changes in industry productivity and finds that NHTZs promote the overall productivity of specific industries mainly by stimulating the productivity improvement of incumbent enterprises and expanding the market share of high-productivity enterprises.Moreover,the preferential policies of NHTZs do not significantly stimulate high-productivity enterprises to enter the zones,nor do they cause low-productivity enterprises to exit.This research is helpful in objectively evaluating the economic effects of the NHTZs in China and in providing a theoretical basis for its further adjustment.

The impact of market coordination on urban green total factor productivity:An analysis of the mediating effect of factor misallocation

Promoting market coordination and enhancing the efficiency of green growth is a necessity for China’s effective economic development.Using panel data from 2007 to 2020,this paper conducts a comprehensive study on 226 cities at the prefecture-level and above,combining theoretical analysis and empirical tests to systematically explore the impact of market cohesion on urban green total factor productivity(GTPF)and the mediating role of factor mismatch.Findings demonstrate that market coordination maximizes urban GTPF.At the mechanism level,factor mismatch plays a mediating role,and market coordination can enhance GTPF by addressing capital and labor mismatch.In terms of heterogeneity analysis,market coordination significantly promotes GTPF positively in the east-central region and negatively in the western region.In terms of technological progress and technical efficiency,the eastern region shows a larger significance than the central and western regions combined.In view of the above,the concept of market coordination development has been implemented to promote GTFP in cities.

海岸带经济韧性评估及其对涉海企业TFP的影响研究

研究海岸带经济韧性与涉海企业全要素生产率(Total Factor Productivity,TFP)对推动海洋经济高质量发展具有重要意义。囿于涉海微观企业层面数据的缺乏,这一问题一直未得到定量化的探讨。为此,本文创新性地基于行业分类代码,在全国税收调查数据库中筛选出涉海企业并测算其TFP。同时,在定量评估沿海地区海岸带经济韧性的基础上,将两组数据进行匹配,实证考察了海岸带经济韧性对涉海企业TFP的影响效应和内在机理,得出以下结论:第一,2006-2021年,中国海岸带经济韧性总体呈现上升趋势,其中南部(福建、广东、广西和海南)海岸带经济韧性最强,东部(江苏、上海和浙江)其次,北部(辽宁、河北、天津和山东)最弱。在金融危机冲击时,南部海岸带经济韧性表现最好。在新冠疫情时期,东部海岸带经济则显现出更强的韧性。第二,地区海岸带经济韧性的增强,会促进涉海企业TFP的提高,其中的关键影响机制在于企业创新投入的增加。第三,市场化和数字化程度越高的地区,海岸带经济韧性对涉海企业TFP促进作用更加显著。

数字化转型、全球价值链嵌入与制造业企业TFP

本文认为,依托数字化转型,价值链分工地位能够得以改善,从而可能改变以往“低端嵌入”对制造业全要素生产率(TFP)造成的不利影响,而且,随着参与全球价值链程度的深化,其对制造业全要素生产率的提升也具有积极作用。进一步利用WIOD数据库、中国工业企业数据库以及中国海关数据库的匹配数据,基于企业层面的实证研究发现,数字化转型对制造业企业TFP影响的现实效应证实了前述理论判断,即数字化转型通过改善全球价值链分工地位以及提升全球价值链参与度对制造业企业TFP提高产生积极影响。因此,制造业企业要抓住数字技术带来的战略机遇,通过大力推进数字化转型,改善全球价值链分工地位和强化扎根全球价值链能力,充分发挥融入全球价值链对提升TFP的积极作用。

Empirical Analysis of the Impact of Green Finance and Technological Progress on Total Factor Productivity in China’s Industrial Sector

The enhancement of industrial green total factor productivity is pivotal for achieving high-quality and sustainable economic development.This study assesses China’s performance using the SBM-GML model,employing province-level panel data spanning from 2004 to 2020.Furthermore,we examine the influence of green finance and technological progress on industrial green total factor productivity using a spatial econometric model.The findings uncover that the relationship between the level of green financial development and industrial green total factor productivity follows a U-shaped curve.Initially,low levels of green financial development exert a suppressive effect on industrial green total factor productivity,proving ineffective in the short term.However,with the progression of green finance development,a positive and significant long-term impact on industrial green total factor productivity emerges.Moreover,technological progress demonstrates a noteworthy promotional effect on industrial green total factor productivity.The analysis delves deeper into revealing that industrial structure and environmental regulation intensity exhibit a significant negative relationship with industrial green total factor productivity.In contrast,both energy structure and education level showcase a substantial positive relationship with industrial green total factor productivity.

数字普惠金融对农业GTFP的影响效应研究——兼论产业集聚的调节作用

提高农业GTFP是推行乡村振兴战略的关键,数字普惠金融作为驱动农村高质量发展的新动力,或能结合产业集聚推动农业GTFP提升。本文采用空间杜宾模型,通过对2011—2020年30个省份的面板数据进行分析,实证研究了数字普惠金融及其分维度指数对中国农业GTFP、技术效率和技术进步的空间作用,并进一步分析了农业产业集聚对两者关系的调节作用。研究结果显示:数字普惠金融水平的快速提升对农业GTFP产生了积极影响;空间溢出效应表明,邻近地区数字普惠金融的增长抑制了本地区农业GTFP的增长;调节效应表明,农业产业集聚在数字普惠金融推进农业GTFP提高的过程中起负向抑制作用。因此,要促进农业GTFP增长要充分发挥数字普惠金融的动力引擎作用,并引导农业产业合理布局,以提高金融资源在农业领域的配置效率,促进农村高质量发展。

Total Factor Productivity and Influence Factors of Economic Environment in the Yellow River Delta

The paper analyzed total factor productivity of Binzhou City, and key factors that influence its economic growth and effluent discharge. The results showed that(i) production efficiency of the city during 2005–2013 kept stable, mean of Malmquist-Luenberger index was 1.044,9 without considering effluent discharge, and the average annual increase rate was 4.49%, and that was 1.020,4 considering effluent discharge, the average annual increase rate was 2.04%, and the increase rate reduced by 2.45%.(ii) GDP growth showed significant negative correlation and positive correlation with capital input and energy input, but insignificant negative correlation and positive correlation with labor force input and technological progress.(iii) Effluent discharge showed insignificant negative correlation and positive correlation with capital input and energy input, but significant negative correlation and positive correlation with labor force input and technological progress.

Multilevel Correlation Analysis of Influencing Factors on Grain Total Factor Productivity in Main Grain Producing Provinces of China

In order to analyze the influencing factors of TFP (the abbreviation of Total Factor Productivity) deeply, this paper calculates and decomposes the TFP of the main grain producing provinces in China from 2006 to 2015 by the DEA-Malmquist index model. On the basis of this, the grey correlation analysis model based on super-efficiency DEA is used to quantitatively analyze the influencing factors of total factor productivity, technological progress and technical efficiency. The results show that the proportion of grain sowing, the level of food economic development, the level of grain mechanization, the average scale of operations and the level of fertilizer using have the most influence on grain total factor productivity. Finally, according to the results of the analysis, some suggestions are put forward to improve the TFP of different provinces in the main grain producing areas.

融资约束还是转型激励?——绿色信贷对我国重污染企业TFP的影响研究

基于双重差分模型构造准自然实验,利用2007—2020年我国沪深两市上市公司构建实验样本,研究绿色信贷政策对重污染企业TFP的影响效果与机制。结果发现:绿色信贷形成的融资约束抑制了TFP的提升,并且这种抑制作用大于投资价值和研发投入对TFP的促进作用,从而导致绿色信贷对我国重污染企业TFP产生显著负面影响。鉴于此,我国应进一步完善绿色信贷政策,特别是加强对重污染企业转型升级活动的融资支持,通过约束与激励相结合以更好地提升企业TFP。

Transportation Infrastructure and Productivity Growth:Effects of Railway Speed-Up on Firm's TFP in China

Improvement of transportation infrastructure quality will lead to more sufficient market competition and promote the flow of resources with greater efficiency. This paper considers China's railway speed-up in 2007 as a quasi-natural experiment on China's transportation infrastructure quality improvement. With the initial operation of electric multiple units(EMUs) as the basis of grouping, this research examines the effect of railway speed-up on corporate total factor productivity(TFP) growth by the differencein-differences(DID) method. Overally, the results reveal positive effects both on firms' technological change and efficiency improvement, which lead to the increase of TFP. Based on subsamples divided by different regions and types of enterprises, further analysis indicates that the productivity of exporter, non-state and coastal firms has been mostly affected by the railway speed-up. These conclusions are verified by a placebo test. Besides, firms within "one-hour economic circle" have been shown more sensitive to the effect of railway speed increase.

Technical Components of Total Factor Productivity Growth in Malaysian Manufacturing Industry

This article attempts to disaggregate and explore the components of TFP growth that contribute to changes in output, scale of production, and allocative efficiency and technical efficiency of the Malaysian manufacturing sector. The total factor productivity (TFP) concept defined as total output per unit of all inputs used in the production of an industry has gained a prominent place in academia. The investigation on TFP growth is obviously useful for identifying sources of output growth in the development of an industry. The TFP growth is often interchangeably understood as the technical progress or changes in technology as the sole contributor to economic development. Nonetheless there are other factors contributing to its substance. Knowledge on these technical changes would help decision makers to realize the strengths and weaknesses that contribute to the growth and development of an industry. Alternatively this research would be more beneficial in the case of cross-industry or cross-country comparative studies in order to plan for developmental goal. In such a case a model industry or country can be chosen that exhibits special growth features.

Changes in Total Factor Productivity,Technological Progress and Efficiency of Banana Industry in China

Based on the DEA-based Malmquist index method,the total factor productivity was calculated for 5 major banana production areas in 2003-2004,and it was further divided into technological progress and technical efficiency.The results show that the total factor productivity of banana industry in China was 1.3% in the sample period,mainly due to technological progress,the average growth rate was 2.6%,while the pure technical efficiency and scale efficiency was -0.1% and -1.2% respectively.The improvement of total factor productivity in banana industry in China relied mainly on technological progress,cultivation of new banana varieties,management of high quality cultivation,popularization and application of water conservation and fertilizer saving technology,and injury-free picking technologies.The pure technical efficiency and scale efficiency of banana production were negative,indicating that the management level of banana was not high.The effect of scale economy of this industry through agglomeration and consolidation is still to be practiced.Banana growers should promote the improvement of large scale and management level of the banana industry at the same time of promoting the technological progress.

Dynamic analysis of spatial convergence of green total factor productivity in China's primary provinces along its Belt and Road Initiative

This paper focuses on China's primary provinces along its Belt and Road Initiative,measures and analyses the provincial green total factor productivity (GTFP) development by GML index based on SBM directional distance function,discusses the temporal evolution characteristics of spatial convergence of the provincial GTFP under multiple spatial weight matrices,and estimates the net effect of China's Belt and Road Initiative on the development gap of provincial GTFP by regression discontinuity.The research shows that the provincial GTFP is generally good while the internal gap is relatively large.There is spatial absolute βconvergence and condition βconvergence in provincial GTFP,and the convergence speed has been signifcantly accelerated since the construction of China's Belt and Road Initiative.The current low economy level and infrastructure allocation efficiency of primary provinces restrict the GTFP development,while government expenditure has promoted the GTFP development,trade between provinces and countries along China's Belt and Road Initiative is negative to GTFP.China's Belt and Road Initiative has significantly narrowed the gap of provincial GTFP development with the net effect of-0.016.

中国收缩城市企业TFP下降的原因:关于集聚效应和选择效应的检验

探明企业全要素生产率下降的原因对于收缩城市复苏和区域协调发展具有重要意义。在构建一个能够识别同一类地区在不同时间节点间的企业生产率变动原因模型的基础上,利用微观数据检验集聚效应、集聚效应的异质性和选择效应在2000—2010年间中国收缩城市企业全要素生产率下降过程中的作用。研究表明,中国收缩城市企业同时面临着集聚效应增强带来的全要素生产率提高(高效率企业获益更多)和选择效应减弱带来的全要素生产率下降。国有企业相比非国有企业、高技术产业企业相比非高技术产业企业、高收缩程度城市企业相比低收缩程度城市企业从集聚中获得了更高的全要素生产率提升幅度,其中低效率企业存活比例的提升幅度更高。

Assessing Total Factor Productivity for Soybean Production in China Based on DEA-Malmquist Index: 2005-2017

The low and slowly increasing soybean yield restricts the development of soybean production. Accurate measures of total factor productivity (TFP) for soybean production can be helpful in identifying conditions, institutions or policies that promote soybean production development in China. In this paper, TFP growth for soybean production was estimated for a panel data of 10 major soybean producing provinces from 2005 to 2017. Results reveal that TFP grew at an average rate of 1.3% over the whole period, with technical progress contributing 2.3% and efficiency change providing the other -1.0%. The change of TFP for soybean production over that time, whether increase or decline, was mainly derived by technical change except in three years (2005-2007). Positive TFP growth in the provinces of Liaoning and Inner Mongolia, and negative TFP growth in Hebei and Anhui were mainly driven by efficiency change, specifically scale efficiency change except pure technical efficiency in Liaoning.

Analysis of the Contribution of Total Factor Productivity to Agricultural Yield in Anhui Province

By analyzing data concerning agricultural development from 1981 to 2010 in Anhui Province,the total factor productivity and growth rate of agriculture from 1981 to 2010 are estimated empirically.By dividing years from 1981 to 2010 into several subintervals,this paper evaluates and analyzes initial stage of reform and opening up,soft landing stage,the stage of financial crisis,the stage of subprime mortgage crisis and the impact of all factors on total factor growth rate of agriculture.Then it analyzes the contribution of growth of total factor productivity to total yield of agricultural economy.The research finds that the growth of total factor productivity in Anhui Province is significant to agricultural development.

Growth in Total Factor Productivity of Shandong Province for Environmental Constraints

This paper analyzed the total factor productivity of Shandong Province and its impact on the local economic environment through Malmquist-Luenberger productivity index. The results of the paper were included as follows. Without consideration of the environmental constraints, Index M of the total factor productivity of Shandong Province from high to low was Heze, Jinan, Qingdao, Weihai, Dongying, Zaozhuang, Jining, Tai'an, Dezhou, Liaocheng, Yantai, Zibo, Weifang, Linyi, Binzhou, Rizhao, Laiwu, among which Index M of Linyi, Binzhou, Rizhao, Laiwuwere were less than 1; taking the environmental constraints into account, Index ML of the total factor productivity of Shandong Province was reduced, from high to low was Jinan, Qingdao, Weihai, Yantai, Heze, Liaocheng, Tai'an, Weifang, Jining, Linyi, Zibo, Dongying, Zaozhuang, Rizhao, Laiwu, Binzhou, Dezhou, among which Index ML of 9 cities behind Jining were less than 1. In terms of the development mode, Jinan, Qingdao, Tai'an, Weihai, Jining and Heze were resource-conserving and environment-friendly cities; Dongying and Zaozhuang were resourceconserving and environment-polluted cities; Liaocheng, Linyi, Weifang and Yantai were resource-wasted and environment-friendly cities; Binzhou, Dezhou, Laiwu, Rizhao and Zibo were resource-wasted and environment-pol uted cities.