Industrial Transfer Policy, Total Factor Productivity: Evidence from Guangdong Province

Mengjun Zhou

《World Scientific Research Journal》 7卷4期 (2021/04) Pp. 42-46

https://doi.org/10.6911/WSRJ.202104_7(4).0006

摘要

In order to avoid endogenous problems and sample selection problems in the calculation of total factor productivity using the OLS method, this article first uses the OP and LP method to calculate the total factor productivity of industrial enterprises above designated size in Guangdong Province from 2002 to 2007. After construction of a panel data of 39 industries in 123 counties in Guangdong Province during year 2002‐2007, Difference in Difference method is applied to explore the effect of industrial transfer policy on the TFP of non‐PRD region. The results show that the TFP of non‐PRD regions has decreased compared with that of PRD regions after the implementation of the industrial transfer policy in Guangdong Province in 2005, and our robustness test further prove the effectiveness of our estimation results.

關鍵字

Inudstrial transfer policy ； Total factor productivity ； Spillover

參考文獻

Okubo, T., Tomiura, E., 2012. Industrial relocation policy, productivity and heterogeneous plants: Evidence from Japan. Regional Science and Urban Economics, 42(1-2), 230-239.

Olley, G. S., & Pakes, A., 1992. The dynamics of productivity in the telecommunications equipment industry (No. w3977). National Bureau of Economic Research.

Levinsohn, J., Petrin, A., 2003. Estimating production functions using inputs to control for unobservables. The Review of Economic Studies, 70(2), 317-341.

Brandt, L., Van Biesebroeck, J., Zhang, Y., 2012. Creative accounting or creative destruc-tion? Firm-level productivity growth in Chinese manufacturing. Journal of Development Economics, 97(2), 339-351.

Bae, E. Y., Mah, J. S., 2019. The role of industrial policy in the economic development of Uzbekistan. Post-Communist Economies, 31(2), 240-257.