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Productivity Growth at the Firm Level: with Application to the Chinese Steel Mills

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  • Yanrui Wu

    (Department of Economics, University of Western Australia, Nedlands WA 6907, Australia)

Abstract

This article applies a stochastic frontier approach to examine the impact of firm-specific economic and policy factors or environmental variables on productivity growth, effi ciency changes, scale economies and technological progress. Three hypotheses are tested with empirical application to the Chinese steel firms. The three hypotheses are: (a) firm-specific factors affect efficiency changes only; (b) firm-specific factors have a direct impact on the production structure particularly on the production frontier; and (c) firm-specific fuctors influence both efficiency changes and the production technology directly. The findings from this study provide insights into the deter minants of productivity and efficiency changes in the Chinese steel industry.

Suggested Citation

  • Yanrui Wu, 2001. "Productivity Growth at the Firm Level: with Application to the Chinese Steel Mills," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 10(1), pages 1-16, March.
    • Handle: RePEc:sae:jouent:v:10:y:2001:i:1:p:1-16
    DOI: 10.1177/097135570101000101
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    Cited by:

    1. Crompton, Paul & Lesourd, Jean-Baptiste, 2008. "Economies of scale in global iron-making," Resources Policy, Elsevier, vol. 33(2), pages 74-82, June.
    2. Paul Crompton & Jean-Baptiste Lesourd, 2004. "Economies of Scale in the Global Iron-Making Industry," Economics Discussion / Working Papers 04-23, The University of Western Australia, Department of Economics.

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