Re-estimation of firms' total factor productivity in China's iron and steel industry
Using the firm-level census data, this paper re-estimated the total factor productivity (TFP) of firms in China's iron and steel industry and examined its potential determinants over the period 1998-2007. To deal with the "endogenous input" problem, we used the semi-parametric regression techniques for estimating the firm-level TFP. The results suggest that firms' TFP in China's iron and steel industry has been steadily increasing over time with the key drivers of productivity improvement...[Show more]
|Collections||ANU Research Publications|
|Source:||China Economic Review|
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