Biased technological change plays an important role in the growth of total factor productivity, TFP. This paper measures TFP and decomposes it into biased technology and technical efficiency. We suggest an alternative production function of Zhang (2019) to generate consistent estimates. By using...

With rapid economic development, energy consumption in China has tripled in the past 20years, exceeding 2.8 billion tons of standard coal in 2008. The search for new green energy as substitutes for nonrenewable energy resources has become an urgent task. Biodiesel is one of the most important...

This paper explores the impact of digital tax administration on corporate investment decisions in China. Although there are many studies on the impact of adopting advanced technology in tax collection, little is known about the effect on investment decisions. Using a difference-in-differences...

This paper measures total factor productivity and decomposes it into biased technical change and technical efficiency by using the data of Chinese industrial firms. We suggest an alternative production function to generate consistent estimates. We find that the capital-augmenting and...

Background: Over the past 40 years, China has seen a rapid increase in the level of urbanization, along with an increasing number of older adults. How to promote Productive Aging in the midst of rapid urbanization has become a new challenge for the Chinese government and all sectors of society....