Growth and Decomposition of Total Factor Productivity in China's Air Transport Industry under Carbon Emission Constraints

Abstract

The total factor productivity of the air transport industry under carbon emission constraints has attracted much attention. Based on the data of Chinese air transport listed companies from 2012 to 2018, the super-efficiency DEA and Malmquist-luenberger index were used to measure its total factor productivity and after further decomposition, it is found that: ①both the low-carbon total factor productivity and the traditional factor productivity of aviation transport enterprises showed a changing trend of rising at first and then decreasing. However, the low-carbon total factor productivity was generally higher than the traditional total factor productivity; ②after further decomposition of the low-carbon total factor productivity, it is found that technological advance is the main driving force behind the low-carbon total factor growth rate, and scale efficiency limits the improvement of technical efficiency.