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 ...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.展开更多
This paper mainly explores the impact of export market diversification as an important measure to deal with trade friction on firms total factor productivity.Firstly,this article focuses on the theoretical analysis of...This paper mainly explores the impact of export market diversification as an important measure to deal with trade friction on firms total factor productivity.Firstly,this article focuses on the theoretical analysis of the impact mechanism,including risk diversification,reversal effect and spillover effect.Based on the sample data of Chinese manufacturing export enterprises from 2000 to 2007,this paper conducts an empirical test on the relationship between export market diversification and total factor productivity.The result indicates that export market diversification has a significant positive effect on the total factor productivity of enterprises.After considering the endogenous problem,by controlling the fixed effects,using the two-stage least square method and changing the duration of the sample for robustness analysis,the results are still consistent.In addition,the role of diversification policy in total factor productivity presents heterogeneous characteristics in terms of different types of enterprise ownership,export intensity,industry competition,trade methods,and the development degree of exporting market.Accordingly,this paper puts forward corresponding policy recommendations.展开更多
In this paper,we assess the role of investment in research and development(R&D)and economic policy uncertainty(EPU)in Sri Lanka’s economic growth experience.We do this by first determining which endogenous growth...In this paper,we assess the role of investment in research and development(R&D)and economic policy uncertainty(EPU)in Sri Lanka’s economic growth experience.We do this by first determining which endogenous growth theories best explain the evolution of total factor productivity(TFP)in the country.Using historical time series data(1980–2018),we find that semi-endogenous growth theories best explain the evolution of TFP in Sri Lanka.This evidence suggests that R&D is critical to the country’s TFP expansion.We find that,through R&D,EPU has a crucial detrimental impact on TFP growth,although it is short-lived.Our findings are robust and have important implications for R&D investment and for moderating EPU.展开更多
After 40 years of relentless efforts, China＇s reform of the S＆T system has achieved great progress and has invigorated the vibrancy of innovation. As noted in the Report of the 19th CPC National Congress, China shou...After 40 years of relentless efforts, China＇s reform of the S＆T system has achieved great progress and has invigorated the vibrancy of innovation. As noted in the Report of the 19th CPC National Congress, China should continue reforming its S＆T system, create a market-based innovation system with companies as the backbone and production-education-research integration, support the innovation of SMEs and promote S＆T commercialization. S＆T innovation has yet to play a greater role in supporting economic development. After taking stock of the achievements and challenges of China＇s S＆T reform, this paper puts forward policy recommendations on deepening S＆T reform and implementing an innovation-driven development strategy. Based on China＇s aggregate data of economic development during 1979-2015, this paper employs growth accounting method to estimate the TFP index denoted by the Solow residual. Our research found that since reform and opening up in 1978, China＇s TFP experienced ups and downs and TFP improvement spurred rapid economic development, while capital input remains the primary source of China＇s economic growth. During 2008- 2015, China＇s TFP growth slowed and high capital input coexisted with low productivity and high economic growth.展开更多
基金Supported by School-level Natural Science Project of Jiangxi University of Technology(232ZRYB02).
文摘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.
基金This paper was supported by Shandong Provincial Social Science Research Project(16DJJJ03)“Comparative Study on the Effect of Introducing Market-oriented FDI and Import Trade on Promoting Economic Performance Improvement in Shandong Province”(16DJJJ03).
文摘This paper mainly explores the impact of export market diversification as an important measure to deal with trade friction on firms total factor productivity.Firstly,this article focuses on the theoretical analysis of the impact mechanism,including risk diversification,reversal effect and spillover effect.Based on the sample data of Chinese manufacturing export enterprises from 2000 to 2007,this paper conducts an empirical test on the relationship between export market diversification and total factor productivity.The result indicates that export market diversification has a significant positive effect on the total factor productivity of enterprises.After considering the endogenous problem,by controlling the fixed effects,using the two-stage least square method and changing the duration of the sample for robustness analysis,the results are still consistent.In addition,the role of diversification policy in total factor productivity presents heterogeneous characteristics in terms of different types of enterprise ownership,export intensity,industry competition,trade methods,and the development degree of exporting market.Accordingly,this paper puts forward corresponding policy recommendations.
文摘In this paper,we assess the role of investment in research and development(R&D)and economic policy uncertainty(EPU)in Sri Lanka’s economic growth experience.We do this by first determining which endogenous growth theories best explain the evolution of total factor productivity(TFP)in the country.Using historical time series data(1980–2018),we find that semi-endogenous growth theories best explain the evolution of TFP in Sri Lanka.This evidence suggests that R&D is critical to the country’s TFP expansion.We find that,through R&D,EPU has a crucial detrimental impact on TFP growth,although it is short-lived.Our findings are robust and have important implications for R&D investment and for moderating EPU.
文摘After 40 years of relentless efforts, China＇s reform of the S＆T system has achieved great progress and has invigorated the vibrancy of innovation. As noted in the Report of the 19th CPC National Congress, China should continue reforming its S＆T system, create a market-based innovation system with companies as the backbone and production-education-research integration, support the innovation of SMEs and promote S＆T commercialization. S＆T innovation has yet to play a greater role in supporting economic development. After taking stock of the achievements and challenges of China＇s S＆T reform, this paper puts forward policy recommendations on deepening S＆T reform and implementing an innovation-driven development strategy. Based on China＇s aggregate data of economic development during 1979-2015, this paper employs growth accounting method to estimate the TFP index denoted by the Solow residual. Our research found that since reform and opening up in 1978, China＇s TFP experienced ups and downs and TFP improvement spurred rapid economic development, while capital input remains the primary source of China＇s economic growth. During 2008- 2015, China＇s TFP growth slowed and high capital input coexisted with low productivity and high economic growth.
