Assessing total factor productivity growth of the passenger-bus transit systems in Indian metropolitan cities using the sequential Malmquist-Luenberger productivity index approach

2020 ◽  
pp. 1-7
Author(s):  
Rachita Gulati
Keyword(s):  
Total Factor Productivity ◽  
Productivity Growth ◽  
Total Factor Productivity Growth ◽  
Productivity Index ◽  
Factor Productivity ◽  
Transit Systems ◽  
Bus Transit ◽  
Metropolitan Cities ◽  
Index Approach

scholarly journals A Dual Challenge in China’s Sustainable Total Factor Productivity Growth

2020 ◽  
Vol 12 (13) ◽  
pp. 5342
Author(s):  
Shaohua Zhang ◽  
Tzu-Pu Chang ◽  
Li-Chuan Liao
Keyword(s):  
Total Factor Productivity ◽  
Productivity Growth ◽  
Industrial Structure ◽  
Critical Issue ◽  
Sustainable Growth ◽  
Total Factor Productivity Growth ◽  
Productivity Index ◽  
Productivity Change ◽  
Factor Productivity ◽  
The Government

Since total factor productivity growth plays an essential role in China’s economic growth, the source of this growth has been a critical issue over the past decades. Hence, this paper applies an input slack-based productivity (ISP) index to investigate the contributors (i.e., labor and capital inputs) to China’s total factor productivity growth. The ISP index, combining the features of the directional distance function and Luenberger productivity index, can calculate the productivity change of each input factor under the total factor framework. According to the decomposition analyses, we find that China is confronting a dual challenge in total factor productivity growth: first, capital productivity growth exhibits a remarkable slowdown after the mid-1990s; second, although labor productivity continually expands, the relative labor efficiency among provinces has deteriorated since the 2000s. The results imply that the government should not only advocate upgrading industrial structure, but also consider balanced regional development policies for China’s sustainable growth.

Sign in / Sign up

Export Citation Format

Share Document