Author(s)

Mengyu Zhuang

Corresponding Author

Mengyu Zhuang

ABSTRACT

Based on the data of capital, labor input and output value of China's manufacturing industry released by the National Bureau of statistics, this paper analyzes the total factor productivity of 31 manufacturing industry segments in China from 2012 to 2016 by using the input-oriented CCR model in DEA model. The results show that the total factor productivity of China's manufacturing industry is mainly affected by technical efficiency. After a series of data processing, it is found that China's manufacturing industry has not yet entered the stage of high-quality development, and there are still some problems such as low technology level, high resource dependence and low degree of automation. Finally, this paper puts forward targeted policy recommendations for the realization of high-quality development of China's manufacturing industry.

KEYWORDS

Manufacturing industry, total factor productivity, DEA model, technical efficiency, policy recommendations