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The Effect of R&D on the Technical Efficiency, Technical Progress and Productivity in Chinese Manufacturing Industry: a Malmquist IndexBased Analysis |
WU Dan, WANG Ya-Li |
Huazhong University of Science and Technology,Wuhan,China |
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Abstract The total factor productivity, technical efficiency and technical progress in China manufacturing industry were measured by the Malmquist productivity index based on DEA. It is seen that the values grow with the R&D investment in the whole manufacturing industry. The relationship between various R&D investments and several indexes were studied especially. It is found that the technical progress is mostly influenced by corporations—invested R&D projects. Public— invested R&D plays an important role in technical progress and TFP of high-tech industry, although it has an effect of lagging. The industries could not absorb the advanced technology embodied in foreigner investment corporations because of low absorptive capacity, while the foreigner investments are just prompting the manufacturing and assembling.
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Received: 11 April 2006
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