Industrial upgrading efficiency and free markets in emerging economies: A two-stage meta-frontier approach

Shi Xiao Wang, Wen Min Lu, Shiu Wan Hung

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

This paper establishes an industrial upgrading model by dividing the industrial upgrading process into two: the foundation–construction and industrial upgrading stages. Eighty-one sample countries, from 2006 to 2012, were divided into two groups according to their degree of market freedom. The meta-frontier method was employed to explore technology gaps in the groups caused by the different markets. It was found that emerging economies with a free market have a better upgrading performance than those with a restricted market, and the efficiency gap between the two groups was seen to be continually increasing.

Original languageEnglish
Pages (from-to)1084-1095
Number of pages12
JournalManagerial and Decision Economics
Volume41
Issue number6
DOIs
StatePublished - 1 Sep 2020

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