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Total Factor Productivity and High-Quality Economic Development: A Theoretical and Empirical Analysis of the Yangtze River Economic Belt, China

Author

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  • Shaolong Zeng

    (School of Economics, Hangzhou Normal University, Hangzhou 311121, China)

  • Xianfan Shu

    (School of Economics, Hangzhou Normal University, Hangzhou 311121, China)

  • Wenxian Ye

    (School of Management, Shanxi Institute of International Trade & Commerce, Xi’an 712046, China)

Abstract

This paper focuses on the total factor productivity (TFP) and high-quality economic development in China by examining 11 Chinese provinces and cities in the Yangtze River Economic Belt from 2007 to 2018. We use the Solow residual method to calculate the TFP growth rate of the 11 provinces and cities. Based on the panel data, we have analyzed the influencing factors of TFP theoretically and empirically from the overall region and upstream region, and midstream region and downstream region, respectively. The regression results show that: (1) The whole characteristics generally show the TFP growth trend of the upstream region, midstream region and downstream region are consistent with that of the overall region, and the growth rate of TFP slows down gradually. Meanwhile the differences in TFP growth between the upstream region, midstream region and downstream region show an increase at first and then a decrease. (2) Regarding the influencing factors, there are differences in the direction and extent of the impact of each factor such as the level of openness, R&D investment, industrial structure, government expenditure and human capital on the TFP of the overall region, upstream region, midstream region and downstream region. (3) Based on the results of the theoretical and empirical analysis, we have proposed a series of measures for the sustainable high-quality development of the Yangtze River Economic Belt.

Suggested Citation

  • Shaolong Zeng & Xianfan Shu & Wenxian Ye, 2022. "Total Factor Productivity and High-Quality Economic Development: A Theoretical and Empirical Analysis of the Yangtze River Economic Belt, China," IJERPH, MDPI, vol. 19(5), pages 1-17, February.
    • Handle: RePEc:gam:jijerp:v:19:y:2022:i:5:p:2783-:d:760136
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    References listed on IDEAS

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    5. Ke-Liang Wang & Shuang He & Fu-Qin Zhang, 2021. "Relationship between FDI, fiscal expenditure and green total-factor productivity in China: From the perspective of spatial spillover," PLOS ONE, Public Library of Science, vol. 16(4), pages 1-28, April.
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    Cited by:

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    3. Ding, Guoxuan & Kang, Nier, 2024. "The impact of digital financial inclusion on China's regional disparities in the quality of economic development: Based on the relational data paradigm," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 629-651.
    4. Xueyi Wang & Taiyi He & Ke Li, 2023. "Regional Population and Public Services under the Framework of Sustainable Development: Evidence from a Typical High-Tech Zone in China," Sustainability, MDPI, vol. 15(17), pages 1-16, September.
    5. Lingming Chen & Congjia Huo, 2022. "The Measurement and Influencing Factors of High-Quality Economic Development in China," Sustainability, MDPI, vol. 14(15), pages 1-24, July.
    6. Yuanshuo Xu & Jiahe Liang & Zhaoyingzi Dong & Minjun Shi, 2022. "Can Environmental Regulation Promote Green Innovation and Productivity? The Moderating Role of Government Interventions in Urban China," IJERPH, MDPI, vol. 19(21), pages 1-17, October.
    7. Zhe Cheng & Anni Tang & Jianming Cai & Tao Song, 2022. "Exploring the High-Quality County-Level Development and Governance Response for Farming–Pastoral Ecotone in China: A Case Study of Kulun," Agriculture, MDPI, vol. 12(12), pages 1-18, November.
    8. Kun Chen & Yinrong Chen & Min Liu & Yi Chen, 2023. "Research on the Spatio-Temporal Characteristics and Influence Path of High-Quality Economic Development from the Perspective of Urban Land Transfer," Sustainability, MDPI, vol. 15(6), pages 1-18, March.

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