|
|
|
| Measurement for Industrial Capacity Utilization of Xinjiang Province |
| Li Xuewu,Gu Chengjun |
| Urumqi Central Sub-branch of People‘s Bank of China, Urumqi 830002,China |
|
|
|
|
Abstract Based on a variable cost function model and the second-order Generalized Method of Moments(GMM2)with the collected relevant data from the survey,the research measures the industrial capacity utilization of 22 light industries and 17 heavy industries(sub-industries)from 2001 to 2014 of Xinjiang province,and determines 15 industries with excess production capacity problems.Finally,some countermeasures and suggestions on financing for enterprises,developing the industrial chains,eliminating the outdated capacity and increasing the effective investment are provided
|
|
Received: 20 February 2017
|
|
|
|
|
|
[1]CHAMBERLIN E H.The theory of monopolistic competition[M] .Harvard University Press,1933.
[2] KALDOR N.Market imperfection and excess capacity[J] .Economica,1935,2(5):33-50.
[3] CASSELS J M.Excess capacity and monopolistic competition[J] .Quarterly journal of economics,1937,51(3):26-443.
[4] KLEIN L R,PRESTON R S.Some new results in the measurement of capacity utilization[J] .American economic review,1967,57(1):34-58.
[5] FARE R S,GROSSKOPF S,LOVELL C A K.Production frontiers[M] .Cambridge University Press,1994.
[6] GAROFALO G A,MALHOTRA D M.Regional measures of capacity utilization in the 1980s[J] .Review of economics and statistics,1997,79(3):415-421.
[7] BERNDT E R,MORRISON C J.Capacity utilization measures:underlying economic theory and an alternative approach[J] .American economic review,1981,71(2):48-52.
[8] 韩国高.我国工业产能过剩的测度、预警及对经济影响的实证研究[D] .东北财经大学,2012.
[9] 龚刚,杨琳.我国生产能力利用率的估算[R] .清华大学中国经济研究中心,2002,200216:3-7.
[10] 何彬.基于窖藏行为的产能过剩形成机理及其波动性特征研究[D] .吉林大学,2008.
[11] 孙巍,李何,王文成.产能利用与固定资产投资关系的面板数据协整研究[J] .经济管理,2009(3):38-43.[1] 韩国高,高铁梅,王立国,齐鹰飞,王晓姝.中国制造业产能过剩的测度、波动及成因研究[J] .经济研究,2011(12):18-30.
[13] 吴延兵.R&D与生产率:基于中国制造业的实证研究[J] .经济研究,2006(11):60-71.
[14] ARELLANO M,BOND S.Some test s of specification for panel data:Monte Carlo evidence and an application to employment equations[J] .Review of economic studies,1991,58:277-297.
[15] SARGAN J D.Identification and lack of identification[J] .Econometrica,1983,51(6):1605-1633.
[16] WINDMEIJER F.A finite sample correction for the variance of linear efficient two-step GMM estimators[J] .Journal of econometrics,2005,126:25-51. |
|
|
|
2017, Vol. 0 
