MATEC Web of Conferences (Jan 2024)
Measurement and analysis of the total factor productivity of the three major industries in Tianjin
Abstract
Based on relevant data on the primary, secondary, and tertiary industries in Tianjin from 2009‒2019, combined with the decomposition of the DEA-Malmquist index, the total factor productivity (TFP) of the three major industries in Tianjin in 2009‒2019 and its decomposition were calculated using DEAP2.1 software. Also, the TFP was comprehensively analyzed. The results showed that the TFP of Tianjin’s three major industries showed a downward trend in 2009‒2019, and the most important reason for this phenomenon was the decline in technological progress. When Tianjin develops its three major industries, it should focus on strengthening technological innovation and establishing strict and standardized management systems, rules, and regulations to promote a significant increase in TFP and the steady and high-quality development of its economy.