Article
Economics
Zhao Li, Bingyang Lv
Summary: This study measured the TFP of Chinese industrial enterprises and found significant differences in TFP among different sizes, industries, export types, and regions, with a tendency for growth trends to converge. By assessing the "Productivity Paradox," the research also discovered that Chinese exporting manufacturing enterprises are more productive than non-exporting ones.
Article
Environmental Sciences
Zexia Zhao, Jun Yan
Summary: This research constructs a new indicator to measure firms' green total factor productivity and examines the impact of investor sentiment on this productivity. The study confirms the mediating role of agency costs and financial situations. It also finds that digitization of businesses enhances the effect of investor sentiment on green total factor productivity and that the impact is amplified when managerial competence is at a certain threshold. Heterogeneity tests reveal that high investor sentiment has a stronger impact on green total factor productivity in firms with superior supervision.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Development Studies
Firat Demir, Chenghao Hu, Junyi Liu, Hewei Shen
Summary: This paper examines the effects of local corruption on total factor productivity (TFP) of manufacturing firms in China. The results show a significant negative impact of corruption on firm productivity, with different reactions from firms. Corruption may hurt TFP through various channels, and firms in cities with higher human capital and public spending are less sensitive to corruption.
Article
Green & Sustainable Science & Technology
Jin Xiao, Guohao Li, Bing Zhu, Ling Xie, Yi Hu, Jing Huang
Summary: The study found that under the pilot carbon emissions trading scheme (ETS) in China, the total factor productivity (TFP) of firms has improved, and this improvement is not influenced by firm ownership but mainly by industrial heterogeneity. The ETS has achieved an increase in TFP by promoting firms' operating and profitability capacity.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Environmental Sciences
Shuwang Yang, Chao Wang, Hao Zhang, Tingshuai Lu, Yang Yi
Summary: The research findings show that environmental regulation can significantly improve firms' TFP, but firms' bargaining power weakens the regulatory effect; environmental regulation has a greater impact on state-owned firms and heavy-polluting industries, and has a greater impact on firms' TFP in provincial capital cities.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Economics
Dongwei He, Yunfei Wang, Kai You
Summary: This study applies a theoretical framework to analyze the optimal exporting strategy for new entrant firms from China to the United States. It suggests that starting with lower product quality and gradually improving it as the product gains recognition from U.S. consumers is the most effective approach. The findings are supported by empirical evidence using transaction-level data on Chinese exports to the U.S. from 2000 to 2013.
ECONOMIC ANALYSIS AND POLICY
(2023)
Article
Business, Finance
Haiyan Zhang, Shizheng Dong
Summary: This paper examines the effects of digital transformation on firms' total factor productivity (TFP) and its underlying mechanisms using panel data from Chinese A-share listed companies between 2013 and 2021. By employing panel regression and mediation effect models, the findings demonstrate that digital transformation significantly enhances a firm's TFP. Furthermore, it is revealed that digital transformation fosters TFP growth by enhancing the quality of internal control. This article offers novel insights into the mechanistic pathways through which digital transformation influences firm productivity.
FINANCE RESEARCH LETTERS
(2023)
Article
Environmental Studies
Kankesu Jayanthakumaran, Mohammad Tariful Bari
Summary: During a resource boom, low-productivity firms in non-resource sector showed an increase in productivity, while highly productive firms experienced a decline, resulting in an overall downturn of aggregate productivity in the non-resource sector. Similarly, high productive exporters lost productivity and export competency during this resource boom.
Article
Business, Finance
Xiang Deng, Weihao Li, Xiaohang Ren
Summary: Scholars have long debated whether improvements in ESG performance benefit a firm itself. We provide empirical evidence showing a positive correlation between a firm's ESG rating and its TFP. We also explore three mechanisms within this relationship, where each pillar of the ESG rating influences a mediator variable that eventually affects TFP. Our findings have implications for policymakers and investors.
FINANCE RESEARCH LETTERS
(2023)
Article
Business, Finance
Xiang Deng, Weihao Li, Xiaohang Ren
Summary: Scholars have debated whether improvements in ESG performance benefit a firm itself. Through empirical evidence, we have shown a positive correlation between a firm's ESG rating and its TFP. We have also identified three mechanisms, related to each pillar of the ESG rating, that influence a mediator variable affecting TFP. These findings are valuable for policymakers and investors.
FINANCE RESEARCH LETTERS
(2023)
Article
Environmental Sciences
Xiping Wang, Sujing Wang
Summary: This study examines the dynamic evolution and regional differences of total factor productivity of the power industry in China's 30 provinces from 2003 to 2017, using the Meta-frontier Global Malmquist-Luenberger (MGML) index. The study finds that innovation is the key factor driving TFPPI growth, with different driving factors in each region.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Environmental Sciences
Jing Yang, Lingyue Li, Yuhan Liang, Jinhu Wu, Zhiqi Wang, Qiumeng Zhong, Sai Liang
Summary: The sustainability of the chemical industry is crucial for global sustainable production. This study quantifies the variation trend of the sustainability of the global chemical industry during 2004-2014 and identifies the driving forces. Results show that most developed countries perform efficiently in sustainable production, while the least developed countries are usually inefficient. There is a polarization of sustainability in the chemical industry among countries with different production capacities. Technological progress, rather than efficiency catching-up, is the main driver for the improvement of sustainability. International technology cooperation and prioritized policies are suggested to promote the sustainability of the global chemical industry.
SCIENCE OF THE TOTAL ENVIRONMENT
(2022)
Article
Environmental Studies
Chuandi Fang, Jinhua Cheng, Yongguang Zhu, Jiahao Chen, Xinjie Peng
Summary: The study calculated the green total factor productivity (GTFP) of China's extractive industries from 2006 to 2017 using metafrontier and data envelopment analysis methods, and found that scale efficiency contributes more to GTFP growth than technological progress. The technical gap ratio of the extractive industries increased gradually after 2007, while foreign direct investment had a significant positive impact according to the GMM model results.
Article
Environmental Sciences
Minjie Li, Jian Wang
Summary: The study examines the green total factor productivity (GTFP) of China's logistics industry from 2005 to 2017 in 30 provinces. The findings reveal overall low efficiency levels, with the eastern region showing higher GTFP than the central and western regions; GTFP experiences fluctuations over time and exhibits spatial variations; high-efficiency and high-output areas demonstrate spatial homogeneity. The results of geographically weighted regression show that driving factors influencing GTFP vary across regions, indicating spatial non-stationarity.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2022)
Article
Green & Sustainable Science & Technology
Qinqin Fan, Tianyuan Mu, Wei Jia
Summary: There is an export productivity paradox in Chinese enterprises, with a negative growth trend in agricultural TFP. Technical progress plays a significant role in the changes of China's agricultural enterprises' TFP.
Article
Agricultural Economics & Policy
Daniele Curzi, Lucia Pacca
Article
Agricultural Economics & Policy
Daniele Curzi, Valentina Raimondi, Alessandro Olper
EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS
(2015)
Article
Agricultural Economics & Policy
Alessandro Olper, Lucia Pacca, Daniele Curzi
Article
Agricultural Economics & Policy
Daniele Curzi, Sylvain Chabe-Ferret, Salvatore Di Falco, Laure Kuhfuss, Marianne Lefebvre, Alan Matthews
Summary: This article summarises the insights from a panel of experts who discussed how experiments can enhance the design and evaluation of the Common Agricultural Policy (CAP). Experimental approaches may be effective tools to improve CAP, but their results often fail to be confirmed when applied to large-scale policy interventions.
Article
Economics
Daniele Curzi, Marsela Luarasi, Valentina Raimondi, Alessandro Olper
APPLIED ECONOMICS LETTERS
(2018)
Article
Economics
Alessandro Olper, Daniele Curzi, Lucia Pacca
Article
Economics
D. Curzi, L. Pacca, A. Olper
APPLIED ECONOMICS LETTERS
(2013)
Article
Economics
S. Castriota, D. Curzi, M. Delmastro
APPLIED ECONOMICS LETTERS
(2013)
Article
Agricultural Economics & Policy
Alessandro Olper, Daniele Curzi, Dario Gianfranco Frisio, Valentina Raimondi
GERMAN JOURNAL OF AGRICULTURAL ECONOMICS
(2012)
