An Empirical Study on Technical Efficiency of Low-carbon Enterprise and Its Affecting Factors in ChinaChinese Full Text
Shi Ping,Han Xianfeng,Wei Wei,Song Wenfei(School of Economics and Management of Northwest University,Xi’an 710127,China)
Abstract: Based on the data of the listed companies during the years from 2003 to 2009,by using stochastic frontier model of Cobb-Douglas production function,we carried out an empirical study on the technical efficiency of low-carbon enterprises and their affecting factors.The research show that the average technical efficiency of low-carbon enterprises is 0.751,and the huge difference exists in changes of technical efficiency among enterprises,meanwhile,the difference has the tendency to expand;The output growth of low-carbon enterprise is mainly driven by the capital,while the labor force contributes less;the ability to employ the fund highly promotes the technical efficiency of low-carbon enterprise;there is a negative correlation appeared between the technological capabilities and the technical efficiency,so is the enterprise scale and technical efficiency;capital structure produces the inhibition on the technical efficiency;the degree of technical inefficiency seems to be lessened gradually,but the trend is not significant.
Keywords：
low-carbon enterprise; stochastic frontier model; technical efficiency; environment factor;
- DOI：
10.13580/j.cnki.fstc.2010.11.013
- Series：
- Subject：
- Classification Code：
F273.1;F205;F224
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