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Academic Journal of Business & Management, 2023, 5(5); doi: 10.25236/AJBM.2023.050513.

Characteristics of Export-oriented Technological Progress and Total Factor Productivity of China's Manufacturing Industry

Author(s)

Minjie Gao1, Yunsheng Lu2

Corresponding Author:
Yunsheng Lu
Affiliation(s)

1School of Economics, Beijing Wuzi University, Beijing, China

2School of Economics, Beijing Wuzi University, Beijing, China

Abstract

Since the reform and opening up, it is an important means of industrial technology innovation in China to realize technology upgrading by introducing and imitating innovation. The characteristics of the supply of technical elements and the demand of technical products "both ends are outside" constitute the export-oriented technological progress mode of China's industrial technological innovation .In this paper, the export-oriented technology progress of China's manufacturing industry from 1992 to 2020 is divided into three stages, and the DEA-Malmquist method is used to measure the total factor productivity changes of 26 manufacturing industries in China during this period. The results show that from 1992 to 2000, the total factor productivity index of China's manufacturing industry showed a fluctuating trend during the period of high economic growth driven by accelerated export expansion. During the period of optimizing commodity structure and promoting industrial upgrading from 2001 to 2011, the total factor productivity index of China's manufacturing industry first increased steadily, and then decreased from 2008 to 2011. Since 2012, in the stage of building a trade powerful country and promoting innovation, the total factor productivity of China's manufacturing industry has entered the growth stage again in 2016 after a period of decline. Finally, this paper puts forward some suggestions.

Keywords

Chinese manufacturing industry, Export-oriented technological progress, Total factor productivity

Cite This Paper

Minjie Gao, Yunsheng Lu. Characteristics of Export-oriented Technological Progress and Total Factor Productivity of China's Manufacturing Industry. Academic Journal of Business & Management (2023) Vol. 5, Issue 5: 91-97. https://doi.org/10.25236/AJBM.2023.050513.

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