Industrial Productivity And International Competitive Advantage And Empirical Analysis

Productivity and International Competitiveness is not only a pure theoretical issue, but also a very practical problem. The objective of this paper is to seek a suitable theory and methodology to measure China's productivity and international competitiveness on the basis of many researchers fruitful work on the competitiveness and productivity, therefore it can do some help for the government or policy makers to explore a good way to improve the productivity and international competitiveness of China.This paper explains and evaluates concepts and measures of competitiveness at three different levels of aggregation: the firm, the industry or groups of industries, and nation. The study critically evaluates the theoretical and the methodological approaches of the most popular competitiveness reports made by the International institute for management development (IMD) and the World Economic Forum (WEF), and also introduced the competitiveness report of south Korea which is developed by Cho. In order to clarify the concept of competitiveness, the study make evaluation on Porter's models. And then concludes with a discussion of the policy implications of the more persuasive concepts of competitiveness.The productivity plays an important role for a nation to gain sustainable economic growth and improve the international competitiveness. The paper makes further research on the American modern productivity theories and methodologies. We use a translog production function originally introduced by Jorgenson to quantify the sources of economic growth at the industry level, estimated the relative total factor productivity levels and assess the relative competitiveness of their industries.