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A Comparative Study of the 1998-2005 Sino-US manufacturing productivity

Author: ZhouJinCheng
Tutor: YinXingMin
School: Fudan University
Course: Western Economics
Keywords: Total Factor Productivity Malmquist Index technical efficiency technological progress
CLC: F416;F224
Type: Master's thesis
Year: 2011
Downloads: 85
Quote: 0
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Abstract


Since reform and opening up, china’s manufacturing industry has made a great progress, and china is now the "workshop of the world". With the high growth of output, weather China’s manufacturing industry’s productivity developed in-phase? And how these industry sectors’productivity grew in contrast with the same U.S. sectors? These are questions that deserve our special attention.Using DEA-based Malmquist index approach, this article measured each of China and U.S. manufacturing sector’s total productivity change, technical efficiency change and technological progress. The results show that:(1) during the 1998-2005 period, china manufacturing industries’ output is getting closer and closer to U.S manufacturing industries’, which is based on the develop of productivity; (2) the growth of every china manufacturing sector’s productivity is mainly the result of technological progress; (3) There is plenty of room for improvement of technical efficiency and scale efficiency; (4) Finally we paid attention to the potential growth areas of some manufacturing sectors, together with the growth of outstanding sub-sectors.

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CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
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