%0 Journal Article
%T Measurement and Analysis of China¡¯s Industrial Technical Efficiency
%A Bing Li
%J Journal of Financial Risk Management
%P 109-122
%@ 2167-9541
%D 2018
%I Scientific Research Publishing
%R 10.4236/jfrm.2018.71007
%X This
paper uses the stochastic frontier analysis to analyze the China¡¯s</span></span><span><span><span style=\"font-family:&quot;\"> </span></span></span><span style=\"font-family:Verdana;\"><span style=\"font-family:Verdana;\"><span style=\"font-family:Verdana;\">technical efficiency on
the basis of 280 cities from 1998 to 2015. The empirical results indicated
that: the average technical efficiency of China¡¯s industrial was increasing
steadily in the past 18 years. The technical efficiency of east, middle and
west regions are quite different: the east regions mean technical efficiency
was higher than middle area about 27.3%, or higher than west area about 35.9%.
In addition, the marketization process, R&amp;D expenditure, education investment
have a positive effect on the technical efficiency, but the FDI has a negative
effect on eastern technical efficiency, which may due to the entry of FDI in
eastern areas do not play a comparative advantage at the present stage.
%K Stochastic Frontier Analysis
%K Technical Efficiency
%K Production Function
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=83488