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...

This book examines concepts and realization of production efficiencies across all areas of the Chinese economy and introduces the perspective of foreign direct investment (FDI) absorption to identify how the Chinese economy changes in production efficiency.