Abstract
The level of China’s overall economic development is determined by that of three major economic regions (the Yangtze River Delta, the Bohai Zone and Pearl River Delta). Using 1996–2008 panel data and production function including knowledge stock, the Malmquist method is adopted to measure technical Efficiency, technological Progress and total-factor productivity (TFP). The results are listed as follows: (1) The TFP growth rates of Yangtze River Delta and Pearl River Delta regional were 4.2% and 3.1%, which were higher than that of Bohai Rim region. (2) The TFP growth rates of three major economic regions moved back and forth in 13 years, and negative growth rates were mainly caused by poor pure technical efficiency and technological progress, which shows China’s economic development still have greater uncertainty.
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Li Gucheng (2009) Technical efficiency, technological progress and agricultural productivity in china [J]. Econ Rev 1:60–69
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© 2011 Springer-Verlag Berlin Heidelberg
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Hailiang, M., Dechun, H. (2011). The Economic Hazard Analysis of Three Major Regions in China. In: Wu, D., Zhou, Y. (eds) Modeling Risk Management for Resources and Environment in China. Computational Risk Management. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-18387-4_11
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DOI: https://doi.org/10.1007/978-3-642-18387-4_11
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Publisher Name: Springer, Berlin, Heidelberg
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Online ISBN: 978-3-642-18387-4
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