Title: Total factor productivity for Chinese construction industry and its convergence trend
Abstract: Based on the Malmquist index method,the paper analyses the trend and the discrepancy of total factor productivity in Chinese construction industry,and verifies the convergence trend of TFP by using σ-convergence test、 β convergence test and club convergencetest.It finds that TFP of Chinese construction industry mainly arises in the period and its main drive is technical development,furthermore,there are spatial differences among the provinces.σ-convergence test shows that the gap of TFP in Chinese construction industry became lower firstly and then increased in the end.β-convergence test reveals that not only analyzed by stages but also taken the period as a whole TFP takes on a convergence trend,however,club convergencetest is significant only in the East and Middle regions.
Publication Year: 2010
Publication Date: 2010-01-01
Language: en
Type: article
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Cited By Count: 2
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