Calculation and Decomposition of Total Factor Productivity Growth Rate in Guangdong Province:Based on Stochastic Frontier Analysis Model
Based on the input and output panel data of 21 prefecture-level cities in Guang-dong Province from 2011 to 2021,this paper uses stochastic frontier analysis method to construct translogarithmic production function to estimate and decompose the total factor productivity growth rate of Guangdong Province and other prefecture-level cities.It is found that technical efficiency has a major impact on the growth rate of total factor productivity in Guangdong Province,scale efficiency has a secondary impact,and finally technological progress.The average growth rate of total factor productivity in Guangdong Province in the past ten years is 2.05%,while Zhuhai is the city with the largest increase in total factor pro-ductivity growth,and Meizhou is the city with the largest decline.On this basis,this article proposes a series of relevant policy recommendations for improving total factor productivity in Guangdong Province,including increasing education investment,promoting technological innovation,and upgrading technology.
total factor productivitystochastic frontier analysistechnical efficiencytech-nological progressscale efficiency