Production Efficiency and Its Spatial Disparity Across China's TVEs : A Stochastic Production Frontier Approach  

Oleh:

Tong, Christopher S. P.

Jenis: Article from Bulletin/Magazine
Dalam koleksi: Journal of Asian Economics vol. 10 no. 3 (1999), page 415-430.
Topik: production; production efficiency; spatial disparity; stochastic production; frontier

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ50.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

The development of China’s township and village enterprises (TVEs) in recent years is beyond doubt encouraging. However, it is uncertain whether or not this rapid development is exacerbating China’s spatial disparity by encouraging inequality of production efficiency across these enterprises. By using the stochastic production frontier model with a simple exponential specification of time - varying firm effects, which incorporates panel data, this paper aims to answer this question by examining the changes in production efficiency of the TVE s located in different provinces between 1988 and 1993, with particular reference to the spatial disparities of these changes. The findings of this paper indicate that the production efficiencies of the TVE s, on average, improved between 1988 and 1993. Furthermore, the results also show that regional inequality, in terms of production efficiency across the TVE s located in different provinces, had narrowed in the six years under study. JEL classification : C33 ; D24 ; 011 ; 047

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