Keywords
factor flow, total factor productivity, SDM, DEA-Malmquist index
Abstract
Based on China's inter-provincial panel data from 2003 to 2019,this paper uses the DEA-Malmquist index method to measure regional total factor productivity,and uses the Spatial Durbin panel model to test the impact of factor flow on total factor productivity.The results show that:Factor flow can significantly promote regional total factor productivity growth in both inflow and outflow regions.Regional capital intensity has a significant promoting effect on total factor productivity,and infrastructure construction has a positive spillover effect on neighboring regions.The inflow of technological factors can significantly promote the growth of local total factor productivity,but the effect of labor and capital flow is not significant.The theoretical hypothesis in this paper remains credible under various spatial weight matrices and IV-GMM estimates.Therefore,we should attach importance to inter-regional factor flow and give full play to the promoting effect of resource allocation optimization on total factor productivity.
DOI
10.16315/j.stm.2021.06.003
Recommended Citation
WANG, Wei-wei and ANG, Dan-ping
(2021)
"Factor flow and total factor productivity,"
Journal of Science and Technology Management: Vol. 23:
Iss.
6, Article 2.
DOI: 10.16315/j.stm.2021.06.003
Available at:
https://jstm.researchcommons.org/journal/vol23/iss6/2
