Calculation of GTFP and its influencing factors in Guangdong-Hong Kong-Macao Greater Bay Area

Abstract

Under the background of dual carbon target, the manufacturing industry in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is facing the pressure of green transformation. This paper takes this as the research basis, collects the production panel data of the manufacturing industry in the GBA in the past decade, calculates the green development level of the GBA and finds out the important influencing factors, so as to provide theoretical suggestions for the green production and green development of the manufacturing industry in the GBA.

Keywords

• guangdong-hong kong-macao greater bay area
• green total factor productivity (gtfp)
• manufacturing green development