Journal
CHINA ECONOMIC REVIEW
Volume 34, Issue -, Pages 122-134Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.chieco.2015.04.001
Keywords
Hi-tech zones; Efficiency; Dynamic Network SBM
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This paper evaluates the performance of national HTZs in China after the financial crisis. Unlike previous case studies or comparative analyses, we employ the Dynamic Network Slack-based Measurement to open the black box and examine the HTZs as a network that is connected by carry-overs between sequenced terms and links among different sectors. The results show that: 1) the efficiencies of both production sectors and R&D sectors are low in most Hi-tech zones, partly because the links between them are weak and the carry-overs are inappropriate; and 2) Total Factor Productivity exhibits that production sectors mainly depend on technical efficiency improvement, while R&D sectors hinge on technology progress. (C) 2015 Elsevier Inc. All rights reserved.
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