Does China–Europe Railway Express Improve Green Total Factor Productivity in China?

Study on the green total factor productivity in main cities of China*1

The aim of this research is to investigate China’s urban green total factor productivity (TFP) under the background of progressing urbanization and intensifying environmental pollution, and found out its main influencing factors. In this paper, green TFP of 285 prefecture-level cities in China from 2005 to 2012 was estimated through Malmquist productivity index. Results showed that the annual g...

WHAT DOES TOTAL FACTOR PRODUCTIVITY MEASURE ? By Richard

Total Factor Productivity∗

Total Factor Productivity (TFP) is the portion of output not explained by the amount of inputs used in production. The following definition describes the measurement and importance of TFP for growth, fluctuations and development as well as likely future directions of research. Total Factor Productivity (TFP) is the portion of output not explained by the amount of inputs used in production. As s...

Bubbles and Total Factor Productivity

Evidence shows that asset price bubbles typically precede financial crises and financial crises are accompanied by the collapse of bubbles. In addition, stock market booms and busts are typically associated with credit market booms and busts. The recent US housing and stock market bubbles and the subsequent Great Recession that began in late 2007 provide an example. The stock market booms in th...

High Speed Railway Productivity :

Signature of A uthor........ ......................r.. . ........ .................................................... Department of Civil & Environmental Engineering May 11 th, 2012 C ertificated by............. . ........................... Joseph M. Sussman JR East Professor of Civil & Environmental Engineering and Engineering Systems 11 11 A ccepted by .........................................