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Journal of Applied Mathematics and Computation

ISSN Print: 2576-0645 Downloads: 126127 Total View: 1655988
Frequency: quarterly ISSN Online: 2576-0653 CODEN: JAMCEZ
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Article http://dx.doi.org/10.26855/jamc.2021.09.002

Research on the Influence of TFP on High-Quality Development in China

Xin Sun1, Dongnan Sui1, Kun Chang2, Gang Wang3,*

1Institute of Statistics and Applied Mathematics, Anhui University of Finance & Economics, Bengbu, 233030, China.

2Institute of Languages and Media, Anhui University of Finance & Economics, Bengbu, 233030, China.

3Institute of Economics, Anhui University of Finance & Economics, Bengbu, 233030, China.

*Corresponding author: Gang Wang

Published: August 11,2021

Abstract

To promote high-quality economic development is the fundamental requirement for current and future development. Total Factor Productivity (TFP) which represents the degree of high-quality development is popularly researched and studied. Obviously, TFP is an important factor affecting high-quality development, but the system of high-quality development should be more detailed and comprehensive, and the specific relationship between the two is rarely studied in literature. Based on 2009-2017 panel data of China’s 30 provinces (municipalities), this article empirically analyzses the impact of TFP on development of high quality. Firstly, from the perspective of the five concepts and of quality improvement, this article establishes the high quality development index evaluation system. It also measures the provincial TFP in our country. Secondly, it studies the impact of TFP on provincial quality and economic development of our country, using Data Development Analysis (DEA), Stata software based panels autoregressive model, and spatial econometric methods. Results show that: First, there is a causal relationship between TFP and high-quality development, and TFP has a positive impact on high-quality economic development. Second, the development of the financial sector also has a positive impact on high-quality development. Based on this, the paper puts forward policy suggestions to effectively promote the high-quality development of China’s economy, so as to promote the long-term balanced and sustainable development of China's economy.

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How to cite this paper

Research on the Influence of TFP on High-Quality Development in China

How to cite this paper: Xin Sun, Dongnan Sui, Kun Chang, Gang Wang. (2021) Research on the Influence of TFP on High-Quality Development in ChinaJournal of Applied Mathematics and Computation5(3), 154-164.

DOI: https://dx.doi.org/10.26855/jamc.2021.09.002