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Technical Efficiency in China's Iron and Steel Industry: Evidence from the new census data

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  • Xiao-Guang Zhang
  • Siqi Zhang

Abstract

A stochastic frontier production function is estimated using data from the 1995 industrial census to measure the technical efficiency of China's large and medium-sized iron and steel enterprises. The technical efficiency estimates are examined and compared for different enterprise groups distinguished by their ownership, size, capital vintage and location. The sources of diverse performance of China's iron and steel enterprises are identified and discussed with an emphasis on policy implications.

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  • Xiao-Guang Zhang & Siqi Zhang, 2001. "Technical Efficiency in China's Iron and Steel Industry: Evidence from the new census data," International Review of Applied Economics, Taylor & Francis Journals, vol. 15(2), pages 199-211.
    • Handle: RePEc:taf:irapec:v:15:y:2001:i:2:p:199-211
    DOI: 10.1080/02692170151137078
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    References listed on IDEAS

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    1. Reifschneider, David & Stevenson, Rodney, 1991. "Systematic Departures from the Frontier: A Framework for the Analysis of Firm Inefficiency," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(3), pages 715-723, August.
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    5. Jefferson, Gary H., 1990. "China's iron and steel industry : Sources of enterprise efficiency and the impact of reform," Journal of Development Economics, Elsevier, vol. 33(2), pages 329-355, October.
    6. Bauer, Paul W., 1990. "Recent developments in the econometric estimation of frontiers," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 39-56.
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    Cited by:

    1. Shiu, Alice & Zelenyuk, Valentin, 2009. "Production Efficiency versus Ownership: The Case of China," MPRA Paper 23760, University Library of Munich, Germany, revised 22 Mar 2010.
    2. Tang, Zhi & Tang, Jintong, 2012. "Stakeholder–firm power difference, stakeholders' CSR orientation, and SMEs' environmental performance in China," Journal of Business Venturing, Elsevier, vol. 27(4), pages 436-455.
    3. Wu, Zai Bin & Yeung, Godfrey & Mok, Vincent & Han, Zhaozhou, 2007. "Firm-specific knowledge and technical efficiency of watch and clock manufacturing firms in China," International Journal of Production Economics, Elsevier, vol. 107(2), pages 317-332, June.

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