Research on Technology Innovation Efficiency of China’s Manufacturing Industry: an Empirical Analysis Based on Domestic Enterprises
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DOI: 10.25236/fetms.2017.001
Corresponding Author
Danqing Li
Abstract
Based on the approach of Stochastic Frontier Analysis and adopting the model of Trans-long Production Function, using the panel data of 25 manufacturing industries from 2009 to 2015 in China, this paper measures the technology innovation efficiency of China’s manufacturing industry. We find that from 2009 to 2015, the real technology innovation efficiency is only 60% to 70% of the maximum possible level of technology innovation efficiency.
Keywords
Manufacturing industry, Technology innovation efficiency, Stochastic frontier analysis (SFA).