Industrial upgrading efficiency and free markets in emerging economies: A two‐stage meta‐frontier approach

Shi‐Xiao Wang, Wen‐Min Lu and Shiu‐Wan Hung

Managerial and Decision Economics, 2020, vol. 41, issue 6, 1084-1095

Abstract: This paper establishes an industrial upgrading model by dividing the industrial upgrading process into two: the foundation–construction and industrial upgrading stages. Eighty‐one sample countries, from 2006 to 2012, were divided into two groups according to their degree of market freedom. The meta‐frontier method was employed to explore technology gaps in the groups caused by the different markets. It was found that emerging economies with a free market have a better upgrading performance than those with a restricted market, and the efficiency gap between the two groups was seen to be continually increasing.

Date: 2020
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https://doi.org/10.1002/mde.3172

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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:41:y:2020:i:6:p:1084-1095

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