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Changes in Production Efficiency in China Identification and Measuring

SKU: 9781461477204

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Additional information

Full Title

Changes in Production Efficiency in China Identification and Measuring

Author(s)

Bing Xu, Juying Zeng, Junzo Watada

Edition
ISBN

9781461477204, 9781461477198

Publisher

Springer

Format

PDF and EPUB

Description

Evaluating  Production Efficiency in China examines production from engineering and statistics perspectives rather than from economics and mathematics perspectives. The authors present an observable benchmark as the criterion of the production efficiency to replace the unobservable production frontier surface. This book discusses several different computing technologies, controllable variable as a path of identification, changes in production efficiency by decision making on specific operating conditions, and optimal resource allocation. The book provides a channel to tap inside the success stories of China, exploiting the way of changes in production efficiency during China’s development in the past 30 years. This book examines the concepts and realization of production efficiencies across all areas of the economy. Also the book provides the perspective of foreign direct investment (FDI) absorption to identify how Chinese economy changes in production efficiency.