DOI /j. bjsshkxy. cswt F A % % BJY

Transcript

1 DOI /j. bjsshkxy. cswt F A % % BJY

2 Bartelsman Jeong Townsend Alfaro 4178 Hsieh Klenow Buera 9-13 Dowrick Gemmel Dollar Wei Brandt 3-7 Restuccia Rogerson % - 8% Banerjee Duflo % 3. 66% Melitz Moll Epifani Gancia Wexler Curuk 46

3 Charnes t LR Y it = f X it t exp v it - u it 1 1Y it i t f x X it i = 1 2 n t = 1 2 T v it - u it v it v it ~ N 0 σ 2 v u it u it ~ N + u σ 2 u 1 lny it = lnf x it t + v it - u it 2 TFP Chenery Syrquin TFP it = y it - n φ ijt x ijt 3 Aoki 47

4 y it i t β 9 lnl it lns it + v it - u it 6 y it = Y it - Y i t -1 /Y i t -1 x ijt i 6 x j t x ijt = X ijt - X ij t -1 /X ij t -1 φ ijt i x j t k λ ijt - φ ijt x ijt = λ ikt - φ ikt k it + φ ijt = x ijt / n λ ilt - φ ilt l it + λ ist - φ ist s it = x ijt β Kumbhakar 1 / 3 β i - φ ikt k it + β 2 / 3 β i - φ ilt l it + i = 1 i = 1 49 TFP it = lnf x it - u β 3 / 3 β i - φ ist s it 7 it i = 1 + t t 7λ k ε ijt - 1 k λ ijt x ijt + k ijt = ε ijt / k ε ijt x j λ ijt - s ijt x ijt 4 ε ijt 4ε ijt = lnf x ijt i λ ijt = φ ijt lnx ijt k x j t ε ijt = ε ijt / k TEC- u it SE t k ε ijt 1 k λ ijt x ijt AE k λ ijt φ ijt x ijt - - C - D CES lny it = β 0 + β j lnx ijt β jl lnx ijt lnx ilt + v it - u it 5 j l 5β j l j l 2. lny it = β 0 + β 1 lnk it + β 2 lnl it + β 3 lns it + β 4 lnk it 2 + β 5 lnl it 2 + β 6 lns it 2 + β 7 lnk it lnl it + β 8 lnk it lns it + λ ijt ε ijt x j 1. TC lnf x it t

5 λ west_s = x j t φ ijt Hausman % Wooldridge Pesaran 26. 4% Wald % % 53. 9% % % % lny lny lny lny beta1_lnk_ *** *** *** *** beta2_lnl_ *** *** *** beta3_lns_ ** * beta7_lnklnl_ *** *** *** * beta8_lnklns_ *** *** *** * beta9_lnllns_ *** ** _cons *** *** *** * p < p < p < beta1_lnk_ beta2_lnl_ beta3_lns_ λ nation_s = λ east_s = λ middle_s = 49

6

7 Abhijit V. Banerjee 7Malik Curuk. TradeTechnology Diffusion and Misallocation Center for Econom- NBER Working Paper No Trade Partner Matters J. Tilburg University ic Research Discussion Paper with Number Diego Restuccia of Economic Dynamics Eric J. Bartelsman sons from Longitudinal Microdata J Abstract This essay conducts study on the efficiency of the spatial allocation of urban construction land and provides the theoretical support on the allocation of the construction land quotas. Using the panel data and the trans - logarithm production function of stochastic frontier model this essay makes the research of the efficiency of the spatial allocation of urban construction land. The results show that there is an obvious regional difference on the misallocation of the urban construction land and it also shows the homogeneity and heterogeneity between the region actual output and the utilization efficiency of the urban construction land. The circulation of the quota of the urban construction land should be abided by the principle that the quota must be utilized in the region which made the land resources more efficiency than others. The quota inflowing region could develop the local economy and the quota out - flowing region might share the economic dividend. The trade of the quota crossing regions could make the Pareto improvement on the utilization of the urban construction land between cities. Key words endowment of the cultivated land construction land spatial misallocation Pareto improvement 2Abhijit V. BanerjeeEsther Duflo. Growth Theory through the Lens of Development Economics Handbook of economics growth Marc J. Melitz. The Impact of Trade on Intra - Industry Reallocations and Aggregate Industry Productivity J. Econometrica Benjamin Moll. Why does Misallocation Persist JAmerican Economic Journal Macroeconomics Paolo EpifaniGino Gancia. TradeMarkup Heterogeneity and Misallocations Journal of International Economics Allan Collard - Wexler John Asker and Jan De Loecker. Productivity Volatility and the Misallocation of Resources in Developing Economies London Centre for Economic Policy Research Richard Rogerson. Policy Distortion and Aggregate Productivity with Heterogeneous Establishments Review Mark Doms. Understanding Productivity Les-. Journal of Economic Literature Hyeok Jeong Robert M. Townsend. Sources of TFP Growth Occupational Choice and Financial Deepening Economic Theory Laura Alfaro Andrew Charlton and Fabio Kanczuk. Plant - Size Distribution and Cross - Country Income Differences NBER Working Paper No Chang - tai Hsieh Peter J. Klenow. Misallocation and Manufacture TFP in China and India J. Quarterly Journal of Economics Francisco J. Buera Joseph Kaboski and Yongseok Shin. Finance and Development A Tale of Two Sectors J. American Economic Review Steve DowrickNorman Gemmell. IndustrializationCatching - up and Economic Growth A Comparative Study Across the World's Capitalist Economies The Economic Journal Angus Maddison. Chinese Economic Performances in the Long Run Development Centre Studies M. Development Center of the OECD J

8 Yanrui Wu. China's Economic Growth A Miracle With Chinese Characteristics Routledge Studies on the Chinese Economy M. London and New York Routledge Curzon Selin Ozyurt. Total Factor Productivity Growth in Chinese Industry J. Oxford Development Studies A. CharnesW. W. Cooper and E. Rhodes. Measuring the Effi- 24. ciency of Decision Making Units J. European Journal of Opera- J J TFP 48Dennis J. Aigner C. A. Knox Lovell and Peter Schmidt. Formula tion and Estimation of Stochastic Frontier Production Function 27. Models J. Journal of Econometrics J David Dollar Shang - Jin Wei. Das Wasted Kapital Firm Ownership and Investment Efficiency in China NBER Working Paper No Loren Brandt Johannes Van Biesebroeck and Yifan Zhang. Creative Accounting or Creative Destruction Firm - level Productivity Growth in Chinese Manufacturing J. Journal of Development E- conomics J J J J J J J Shuhei Aoki. A Simple Accounting Framework for the Effect of Resource Misallocation on Aggregate Productivity Journal of the Japanese and International Economies tional Research Subal C. Kumbhakar C. A. Knox Lovell. Stochastic Frontier AnalysisM. Cambridge University Press J J