Changes in Production Efficiency in China

Download or read book Changes in Production Efficiency in China written by Bing Xu and published by Springer Science & Business Media. This book was released on 2013-08-30 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.