DocumentCode
2169523
Title
Notice of Retraction
The Potential of Service Economics in China--On the Perspective of Efficiency
Author
Jinduo Wu ; Haiyu Yang
Author_Institution
Sch. of Econ. & Manage., Center for Econ. Dev. Res., Wuhan Univ., Wuhan, China
fYear
2010
fDate
24-26 Aug. 2010
Firstpage
1
Lastpage
4
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
This paper is dedicated to explore the dynamic performance of productive efficiency in service economy of China, utilizing panel data in sectoral level, taking capital, unskilled labor and technical pesonel into account, the study employ stochastic frontier mode, highlighting two dummies in tertiry which minify the deviation of estimated variables. The results show that returns of scale exsist in China´s service economy, in which employment effects of unskill labor contribute most. In sectoral level the potential of efficiency growth in State-owned and non-profit sectors are limited. Agriculture, Forestry, Animal,Husbandry and Fishery services sector suggest an obvious release in technical efficiency potential. The highly and steady TE coefficient in wholesale and retail trade illustrate a sustainability in growth potential.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
This paper is dedicated to explore the dynamic performance of productive efficiency in service economy of China, utilizing panel data in sectoral level, taking capital, unskilled labor and technical pesonel into account, the study employ stochastic frontier mode, highlighting two dummies in tertiry which minify the deviation of estimated variables. The results show that returns of scale exsist in China´s service economy, in which employment effects of unskill labor contribute most. In sectoral level the potential of efficiency growth in State-owned and non-profit sectors are limited. Agriculture, Forestry, Animal,Husbandry and Fishery services sector suggest an obvious release in technical efficiency potential. The highly and steady TE coefficient in wholesale and retail trade illustrate a sustainability in growth potential.
Keywords
agriculture; aquaculture; economics; forestry; service industries; stochastic processes; China; agriculture service; animal service; dynamic performance; efficiency growth; fishery service; forestry service; husbandry service; nonprofit sectors; productive efficiency; service economics; state-owned sectors; stochastic frontier mode; technical efficiency potential; Aquaculture; Biological system modeling; Economics; Productivity; Stochastic processes;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science (MASS), 2010 International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-5325-2
Type
conf
DOI
10.1109/ICMSS.2010.5577035
Filename
5577035
Link To Document