Performance evaluation of China's Hi-tech zones in the post financial crisis era — Analysis based on the dynamic network SBM model
Xue-Jie Bai,
Wen-Kai Yan and
Yung-Ho Chiu
China Economic Review, 2015, vol. 34, issue C, 122-134
Abstract:
This paper evaluates the performance of national HTZs in China after the financial crisis. Unlike previous case studies or comparative analyses, we employ the Dynamic Network Slack-based Measurement to open the “black box” and examine the HTZs as a network that is connected by carry-overs between sequenced terms and links among different sectors. The results show that: 1) the efficiencies of both production sectors and R&D sectors are low in most Hi-tech zones, partly because the links between them are weak and the carry-overs are inappropriate; and 2) Total Factor Productivity exhibits that production sectors mainly depend on technical efficiency improvement, while R&D sectors hinge on technology progress.
Keywords: Hi-tech zones; Efficiency; Dynamic Network SBM (search for similar items in EconPapers)
JEL-codes: O32 O47 R58 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (14)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:chieco:v:34:y:2015:i:c:p:122-134
DOI: 10.1016/j.chieco.2015.04.001
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