Journal article
The productive efficiency of Chinese iron and steel firms A stochastic frontier analysis
Resources Policy, Vol.21(3), pp.215-222
1995
Abstract
This paper applies a time-varying production frontier model to examine the productive efficiency in China's iron and steel industry. Sixty-one state and local firms are covered in this study. The analytical results show that Chinese firms on average achieved about 69-82% of their potential output during the period 1984-1992. It is also found that firm age is positively related to enterprise efficiency in the Chinese iron and steel industry. In addition, the findings in this paper show no significant effects on efficiency of firm ownership and the economies of scale. Finally, according to this study, firms exposed to certain locations may gain from the economies of agglomeration and hence perform better than the others.
Details
- Title
- The productive efficiency of Chinese iron and steel firms A stochastic frontier analysis
- Authors/Creators
- Y. Wu (Author/Creator)
- Publication Details
- Resources Policy, Vol.21(3), pp.215-222
- Publisher
- Elsevier Limited
- Identifiers
- 991005542984307891
- Murdoch Affiliation
- Asia Research Centre
- Language
- English
- Resource Type
- Journal article
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- Citation topics
- 6 Social Sciences
- 6.10 Economics
- 6.10.502 Data Envelopment Analysis
- Web Of Science research areas
- Environmental Studies
- ESI research areas
- Social Sciences, general