The Influence Of The R&D Investment Upon The Green TFP Of Industry Department

Total factor productivity is the ratio of total output and factors inputs. Its growthreflects the that part of output growth which the growth factor inputs can not explain.Green TFP puts energy consumption and environmental pollution into the frameworkof TFP accounting system, the productivity estimates is more in line with economicrealities.Research and Development is the main driving force of modern economic growth.R&D investment, which is an important part of the enterprise, industry and even thenational competition strategies, effects Chinese economic long-term, stable growthdirectly.The article divides China’s industrial R&D investment into foreign technologyimport, domestic technology transfer and indigenous R&D. According to the data inthe industrial sectors from1999to2011, we estimate the green TFP of Chineseindustrial sectors based on SBM directional distance function and Luenbergerproductivity index. Furtherly, we research the impact of three ways of R&Dinvestment to green TFP.The article found that:(1)The average of Chinese industrial green TFP growth is6.51%, considering the energy inputs, waste water, sulfur dioxide and solid wasteemissions. It is lower than traditional TFP growth, which indicates that China’seconomic growth to achieve green industrial restructuring has a large space;(2)Indigenous R&D enhances green TFP growth significantly through the greentechnology efficiency, but has an inhibitory effect of green technological advances,especially in the low R&D investment industry;(3) The foreign technology importimproves the green TFP and green technological advances significantly, but hindersgreen technology efficiency, especially in the high R&D investment industry.Medium-sized high-tech enterprises import foreign advanced technology and paymore attention to the learning of foreign enterprises’ performance management andproduction experience;(4) Domestic industrial technology transfer role in promotingChinese green TFP on relatively weak, especially for the high R&D investmentindustry;(5) Strengthening environmental governance and improving the strength ofcapital-intensive are conducive to improving the overall industries’ green TFP andgreen technology efficiency, especially for the high R&D investment industry.