Author(s)

Yun Li

Jinan University, Guangzhou, China.

This paper constructs panel data using relevant data on aerospace manufacturing in 17 provinces and cities in China from 2010 to 2015. The B-C (1995) model was established using the SFA method. A trans-log production function model is used to analyze and study the technical efficiency of China’s aerospace manufacturing industry. Then we analyze the technical efficiency of Chinese aerospace manufacturing industry. The research results show that: First, the overall technical efficiency of Chinese Aerospace manufacturing industry is at a moderately high level, with an average technical efficiency of 0.8673. Second, the increase in export delivery value and sales revenue of new products has a relatively weak impact on the improvement of technological efficiency. Third, the R & D equivalent to full-time equivalent and the addition of fixed assets will significantly affect the technical efficiency of China’s aerospace manufacturing industry. Finally, this article puts forward some policy suggestions based on the research results.

Technical Efficiency, Aerospace Manufacturing, Stochastic Frontier Analysis (SFA)

Li, Y. (2020) Empirical Analysis of Technical Efficiency of Chinese Aerospace Manufacturing. Modern Economy, 11, 807-816. doi: 10.4236/me.2020.114060.