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Industrial production evaluation with the consideration of technology accumulation

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  • Chen, Hao

Abstract

In actual industrial production, technology shows an accumulative effect that exceeds the corresponding factor endowment in each period. This accumulation effect is accompanied by the whole industrial production and plays an important role in the evolution of industrialization as a bridge. In order to identify the status quo of industrial production more comprehensively, explore the role of technological accumulation in industrial production, and further promote industrialization, this paper constructs a new multi-period dynamic data envelopment analysis model reflecting the effect of technological accumulation. Furthermore, a spatial autocorrelation analysis is conducted to determine the spatial correlation of regional industrial production and to provide a reference for the coordinated development of industry among regions. A case study of China's industries was conducted, and the main results show the following: (1) The average industrial production efficiency is 0.806, and 17% of provinces have a score of less than 0.65. (2) There is an obvious positive spatial autocorrelation evolution trend in regional industrial production; the eastern coastal area is dominated by High-High clustering, and Low-Low clustering is concentrated in the northwest. (3) Technology accumulation aggravates the dispersion degree of regional industrial production efficiency. Finally, policy implications are put forward to promote industrialization and the coordinated development of interregional industry.

Suggested Citation

  • Chen, Hao, 2022. "Industrial production evaluation with the consideration of technology accumulation," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 72-84.
    • Handle: RePEc:eee:streco:v:62:y:2022:i:c:p:72-84
    DOI: 10.1016/j.strueco.2022.05.001
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