Show simple item record

dc.contributor.authorJia, R.
dc.contributor.authorZhao, D.
dc.contributor.authorGuo, X.
dc.contributor.authorMarinova, Dora
dc.contributor.editorF. Chan, D. Marinova and R.S. Anderssen
dc.identifier.citationJia, R. and Zhao, D. and Guo, X. and Marinova, D. 2011. Technique efficiency and financial crises in China: Empirical study based on SFA of panel data, in F. Chan, D. Marinova and R.S. Anderssen (ed), MODSIM2011: 19th International Congress on Modelling and Simulation, Dec 12-16 2011, pp. 1703-1709. Perth, WA: The Modelling and Simulation Society of Australia and New Zealand.

China’s recent remarkable economic development has also witnessed changes in technique efficiencies associated with factors, such as R&D investment, institutional factors, human capital accumulation and trade openness. Based on stochastic frontier analysis (SFA) panel data, this paper evaluates these changing technique efficiencies in 30 Chinese administrative regions over the period from 1996 to 2009. It also conducts a quantitative evaluation of the influence administrative expenditures have on technique efficiencies and analyses the impacts of financial crises on the technique efficiencies of the Chinese provinces. The results from this study show that China’s economy is typically investment-driven and is at a stage of increasing scale of development when governmental expenditures on education, health, public goods and R&D can improve the provincial technique efficiencies. This study also points out serious imbalance in China’s technique efficiencies with those in the eastern regions being much higher than for the central and western regions. Furthermore financial crises have impacts on the technique efficiencies, including the shockwaves sent by the Asian financial crisis in 1997 and the 2008 Global Financial Crisis. The technique efficiencies have been further influenced significantly by the recent global financial crisis whose impact has been felt over a longer period of time. Optimising the structure of the government expenditure, improving its efficiencies and facilitating the development of the central and western regions are major tasks for increasing the provincial technique efficiencies in China.

dc.publisherThe Modelling and Simulation Society of Australia and New Zealand Inc.
dc.titleTechnique efficiency and financial crises in China: Empirical study based on SFA of panel data
dc.typeConference Paper
dcterms.source.titleSUSTAINING OUR FUTURE: understanding and living with uncertainty
dcterms.source.seriesSUSTAINING OUR FUTURE: understanding and living with uncertainty
dcterms.source.conferenceModSim 2011
dcterms.source.conference-start-dateDec 12 2011
dcterms.source.conferencelocationPerth, WA
dcterms.source.placeCanberra, Australia

Copyright © 2011 The Authors and MSSANZ

curtin.departmentSustainable Policy Institute (CUSP)
curtin.accessStatusOpen access

Files in this item


This item appears in the following Collection(s)

Show simple item record