The Measurement of Innovation Efficiency of Chinese High-tech Industry Using Data Envelopment Analysis

Ling Jiang (), Yunyu Jiang (), Zhijun Wu (), Dongsheng Liao () and Runfa Xu ()
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Ling Jiang: School of Economics and Trade, Guangdong University of Foreign Studies, Guangzhou 510006, China
Yunyu Jiang: School of Accounting, Guangdong University of Foreign Studies, Guangzhou 510006, China
Zhijun Wu: Guangdong University of Foreign Studies, Guangzhou 510420, China
Dongsheng Liao: Business School, Guangxi University for Nationalities, Nanning 530006, China
Runfa Xu: School of Accounting, Guangdong University of Foreign Studies, Guangzhou 510006, China

Acta Oeconomica, 2015, vol. 65, issue supplement2, 101-113

Abstract: In the era of knowledge economy, a country’s economic competitiveness depends largely on the development level of high-tech industry. This paper evaluates the efficiency of China’s high-tech industry in 31 provinces in 2012 with data envelopment analysis. The empirical results are summarized as following. Firstly, when the effects of exogenous environmental variables are not controlled, the comprehensive technical efficiency of 31 provinces will be overestimated, the pure technical efficiency will be underestimated, and the scale efficiency value will be overestimated. Secondly, after eliminating the environmental impact, the comprehensive technical efficiency of 31 provinces with the average of 0.395 is rather low, due to the low scale efficiency.

Keywords: high-tech industry; technical efficiency; data envelopment analysis (search for similar items in EconPapers)
Date: 2015
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