The Measurement of Innovation Efficiency of Chinese High-tech Industry Using Data Envelopment Analysis | Zendy

Ling Jiang | Zendy; Yunyu Jiang | Zendy; Zhijun Wu | Zendy; Dongsheng Liao | Zendy; Runfa Xu | Zendy

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The Measurement of Innovation Efficiency of Chinese High-tech Industry Using Data Envelopment Analysis

Author(s) -

Ling Jiang,

Yunyu Jiang,

Zhijun Wu,

Dongsheng Liao,

Runfa Xu

Publication year - 2015

Publication title -

acta oeconomica

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.292

H-Index - 13

eISSN - 1588-2659

pISSN - 0001-6373

DOI - 10.1556/032.65.2015.s2.8

Subject(s) - data envelopment analysis , china , scale (ratio) , value (mathematics) , high tech , economics , industrial organization , efficiency , empirical research , returns to scale , environmental economics , business , econometrics , production (economics) , microeconomics , mathematics , geography , statistics , cartography , archaeology , estimator

In the era of knowledge economy, a country’s economic competitiveness depends largely on the development level of high-tech industry. This paper evaluates the efficiency of China’s high-tech industry in 31 provinces in 2012 with data envelopment analysis. The empirical results are summarized as following. Firstly, when the effects of exogenous environmental variables are not controlled, the comprehensive technical efficiency of 31 provinces will be overestimated, the pure technical efficiency will be underestimated, and the scale efficiency value will be overestimated. Secondly, after eliminating the environmental impact, the comprehensive technical efficiency of 31 provinces with the average of 0.395 is rather low, due to the low scale efficiency

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