Analysis of the Impact of New Fixed Asset Investment on Total Factor Productivity in Information Industry of China

Abstract

This paper selects the provincial panel data from 2006 to 2015, uses DEA-Malmquist method to measure China's total factor productivity, and then makes an empirical analysis with investment of the whole society in new fixed assets in information transmission, computer services and software industry. This paper finds that new fixed assets in information transmission, computer services and software industry have a significant role in promoting China's total factor productivity, which belongs to the technology progress-driven type and has a "time-lag" effect.