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Multinational Efficiency And Productivity Analysis With Environmental Constraints

Posted on:2014-12-21Degree:MasterType:Thesis
Country:ChinaCandidate:L L JianFull Text:PDF
GTID:2269330392963611Subject:National Economics
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With the deepening of political globalization and economic globalization,economicgrowth has become the breaking point of comprehensive national strength amongvarious countries. As an important engine of economic growth, productivity growthimproves the world’s living standards rapidly in the20th century. The relationshipbetween the environment and economic growth has received extensive attention, aseconomic growth has been accompanied by rapid resource depletion and increasing ofpollutants. There is a practical significance as efficiency and total factor productivityof international research will find the gap between China and other countries.This paper measures the efficiency of51countries in1970-2008, and appliesMetafrontier-Malmquist-Luenberger productivity index to measure the total factorproductivity growth and its components, solving the multi-group, multi-frontier issues,and taking into account the existence of the bad outputs. The major conclusions are asfollows: the TGR of HC is most high and LC fell even more sharply. Efficiency:among all these groups, UMC has the most high score about technical efficiency,followed by HC and LC,LMC has the lowest efficiency value.LC and UMC turn up,and the gap between them are narrowing. From the point of TFP growth, the TFP ofeach group showed a rising trend, the TFP of HC is higher than other groups and thereis a convergence trend in the other three groups. From the point of the decompositionof TFP, the TEC of the other three groups are rising except HC. The TC of UMC isrising but there is a downward trend in LMC, and there is no significant increase ordecrease trend in the other two groups. The values of PTCU of UMC and LC are lessthan1in the period while the values of PTCU of HC and LMC are generally greaterthan1.About PTRC, there is a growth trend in UMC and LMC, and a downward trendin LC. Analysis of the impact of TFP factors: There is a U-shaped relationshipbetween per capita GDP and productivity index, also is the share of industrial addedvalue, productivity index is negatively correlated with the lag of a technicalinefficiency and the capital-labor ratio the logarithmic, openness and per capita energyuse correlated with productivity index positively, while FDI has a negative correlation with productivity index.
Keywords/Search Tags:Total Factor Productivity, Metafrontier, Malmquist-LuenbergerProductivity Index, Directional Distance Function
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