IDEAS home Printed from https://ideas.repec.org/a/wsi/serxxx/v69y2024i07ns0217590823500649.html
   My bibliography  Save this article

Green Total Factor Productivity Mismeasurement Without Considering Intangibles: Evidence From China

Author

Listed:
  • QING LI

    (Department of Economics and Finance, SILC Business School, Shanghai University, Shanghai, P. R. China)

  • KEXING YU

    (��Department of Economics, Business School, University of Western Australia, Perth, WA 6009, Australia)

  • YANRUI WU

    (��Department of Economics, Business School, University of Western Australia, Perth, WA 6009, Australia)

Abstract

This paper aims to re-estimate green total factor productivity (GTFP) with the consideration of intangible capital in Chinese provinces between 2003 and 2017. Intangible capital is broadly defined and categorized into computerized information, innovative property and economic competency property. The finding suggests that the conventional GTFP is underestimated especially during the post-financial crisis period in China. It is also found that technical efficiency, which shows the trend of deterioration without capitalizing intangibles, improves steadily and jointly with technological progress contributing to the improvement of productivity. The mismeasurement of GTFP is more severe in developed regions in China where intangible investment is more emphasized. Furthermore, regional GTFP shows the trend of convergence after intangible capital is incorporated and the rate of convergence turns to be faster in coastal regions than that in the interior.

Suggested Citation

  • Qing Li & Kexing Yu & Yanrui Wu, 2024. "Green Total Factor Productivity Mismeasurement Without Considering Intangibles: Evidence From China," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 69(07), pages 2331-2361, December.
    • Handle: RePEc:wsi:serxxx:v:69:y:2024:i:07:n:s0217590823500649
    DOI: 10.1142/S0217590823500649
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0217590823500649
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0217590823500649?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:serxxx:v:69:y:2024:i:07:n:s0217590823500649. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ser/ser.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.