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중국의 WTO 가입 전ㆍ후의 지역별 총요소생산성 변화와 결정요인 실증 분석
박창수 ( Chang Suh Park ),황춘산 ( Chun Shan Huang ) 한중사회과학학회 2012 한중사회과학연구 Vol.10 No.2
This paper analyzes the changes of total factor productivity(TFP) of 29 Chinese provinces during the period of 1995-2008. For doing this, the Malmquist productivity change index decomposed into efficiency change index and technical progress change index is used in comparing productivity performances prior to and after China`s 2001 entry into the World Trade Organization(WTO). Furthermore, 29 Chinese provinces are separated into three regions, eastern, middle, and western ones, to analyze productivity performances among these regions. In addition, GDP as output variable and fixed capital stock and number of employed workers as input variables are used in estimating the Malmquist productivity change index. The empirical results of this paper are as follows: First, although technical progress after China`s WTO entry was remarkably improved, efficiency after China`s WTO accession was continuously decreased. As a result, improvement of technical progress dominated deterioration of efficiency in China. Second, eastern region of China including Shanghai played very important role in increasing both China`s TFP and technical progress. Third, efficiency of eastern, middle, and western regions of China was all decreased so that improving efficiency will become one of the most important things for sustainable growth of Chinese economy. One of main reasons for deterioration of efficiency would be overinvestment in these three regions. Fourth, among the innovation provinces of China, the majority was coastal regions including Shanghai. Thus, it is necessary that tightening up the regional technical capability to reduce the gap between eastern and other regions of China. Finally, according to the empirical results of the determinants of TFP, market openness, FDI share, market transaction of technology and patent application play a positive role in improving TFP in China.
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