Contemporary Finance & Economics ›› 2014, Vol. 0 ›› Issue (07): 1700-.

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A Study of China’s Total Factor Productivity under Constraints of Resource and Environment

MEI Guo-ping1,2, GAN Jing-yi1,2, ZHU Qing-zhen2   

  1. (1. Jiangxi University of Finance and Economics, Nanchang 330013; 2. Jiangxi Normal University, Nanchang 330022, China)
  • Received:2014-01-04 Published:2021-01-21

Abstract: From the perspective of regional spatial correlation, this paper brings the constraints of resource and environment into the analytical framework of TFP to measure the changes of TFP in China’s 29 provinces over the period from 2001 to 2011 and its regional imbalance. On this basis, it constructs the spatial econometric model to make an empirical study of the factors which influence the TFP. The results show that the environmental inefficiency is ubiquitous in these provinces, that under the constraints of resources and environment China’s TFP generally presents a rather significant “growth effect” and spatial imbalance, and that such factors as structure of energy consumption and factor endowments have varying degrees of effect on the TFP growth.

Key words: constraints of resource and environment; TFP; spatial econometric model