Research Article
Evaluation and Influence of Chinese Enterprises' Financial Efficiency Based on the Malmquist Index
Table 4
Differences in financial efficiency changes caused by technological changes in China's interprovincial industrial enterprises (
).
| Provinces | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | Cumulative value |
| Beijing | 0.636 | 0.039 | 1.054 | 0.304 | 0.073 | −1.013 | 0.985 | 0.000 | 0.011 | 0.163 | −1.088 | 0.354 | 1.518 | Tianjin | 0.194 | 0.105 | 0.512 | 0.463 | 0.174 | −0.112 | 0.334 | 0.136 | −0.235 | −0.066 | 0.172 | 0.070 | 1.747 | Hebei | 0.123 | 0.085 | 0.250 | 0.334 | 0.070 | 0.173 | 0.043 | 0.007 | 0.136 | 0.158 | 0.258 | 0.072 | 1.709 | Shanxi | 0.032 | 0.020 | 0.198 | 0.319 | −0.065 | 0.059 | −0.019 | −0.079 | 0.044 | 0.094 | 0.072 | −0.085 | 0.590 | Inner Mongolia | 0.081 | −0.199 | 0.739 | 0.585 | −0.096 | −0.004 | −0.159 | 0.021 | 0.148 | 0.625 | −0.019 | −0.081 | 1.641 | Liaoning | 0.169 | 0.072 | 0.226 | 0.344 | 0.116 | 0.193 | 0.028 | −0.178 | −0.195 | 0.322 | 0.074 | −0.068 | 1.103 | Jilin | 0.045 | −0.006 | 0.142 | 0.326 | 0.091 | 0.187 | 0.115 | 0.018 | 0.108 | 0.325 | 0.263 | 0.454 | 2.068 | Heilongjiang | 0.141 | −0.280 | 0.530 | 0.234 | −0.096 | −0.040 | 0.064 | −0.042 | 0.033 | 0.291 | 0.126 | 0.097 | 1.058 | Shanghai | 0.290 | 0.072 | 0.764 | −0.052 | −0.019 | 0.370 | 0.359 | 0.080 | 0.441 | 0.068 | 0.116 | −0.113 | 2.376 | Jiangsu | 0.288 | 0.169 | 0.937 | 0.600 | 0.169 | 0.523 | 0.513 | 0.234 | −0.040 | −0.275 | −0.860 | 0.426 | 2.684 | Zhejiang | 0.178 | 0.066 | 0.243 | 0.122 | 0.066 | 0.228 | 0.137 | 0.093 | 0.077 | −0.230 | 0.017 | 0.338 | 1.335 | Anhui | 0.053 | 0.017 | 0.149 | 0.234 | 0.017 | 0.117 | 0.102 | 0.060 | 0.445 | 0.166 | −0.205 | 0.096 | 1.251 | Fujian | 0.041 | −0.019 | 0.071 | 0.172 | 0.047 | 0.004 | 0.129 | 0.040 | 0.371 | 0.123 | −0.014 | 0.186 | 1.151 | Jiangxi | 0.039 | −0.040 | 0.052 | 0.120 | 0.000 | 0.047 | 0.061 | 0.124 | 0.245 | 0.090 | 0.121 | 0.096 | 0.955 | Shandong | 0.622 | 0.536 | 1.869 | 0.991 | 0.376 | 0.711 | 0.735 | −0.059 | 0.351 | −0.021 | −0.791 | −0.035 | 5.285 | Henan | 0.052 | −0.194 | 0.442 | 0.260 | 0.086 | 0.199 | 0.170 | −0.012 | 0.160 | −0.038 | 0.357 | 0.004 | 1.486 | Hubei | 0.039 | 0.014 | 0.288 | 0.235 | −0.022 | 0.182 | 0.036 | 0.147 | 0.176 | 0.103 | 0.079 | −0.123 | 1.154 | Hunan | 0.018 | −0.023 | 0.099 | 0.195 | −0.047 | 0.103 | 0.063 | 0.047 | 0.415 | 0.392 | −0.305 | 0.113 | 1.070 | Guangdong | 0.301 | 0.303 | 1.043 | −0.121 | −0.188 | 0.317 | 0.480 | 0.489 | 0.282 | −0.390 | 0.103 | 0.071 | 2.690 | Guangxi | 0.047 | 0.011 | 0.046 | 0.157 | 0.028 | 0.164 | 0.096 | 0.028 | 0.046 | 0.206 | 0.310 | 0.319 | 1.458 | Hainan | 0.001 | −0.011 | 0.024 | 0.011 | 0.098 | 0.017 | 0.068 | 0.007 | 0.085 | −0.010 | 0.018 | 0.072 | 0.380 | Chongqing | 0.037 | −0.031 | 0.070 | 0.109 | −0.017 | 0.093 | 0.152 | 0.108 | 0.419 | 0.241 | −0.343 | 0.055 | 0.893 | Sichuan | 0.048 | 0.033 | 0.194 | 0.227 | 0.193 | 0.029 | 0.092 | −0.004 | 0.195 | 0.074 | 0.112 | 0.040 | 1.233 | Guizhou | 0.065 | −0.071 | 0.089 | 0.109 | −0.058 | 0.267 | 0.054 | 0.054 | 0.073 | 0.250 | −0.015 | 0.012 | 0.829 | Yunnan | 0.078 | 0.015 | 0.160 | 0.174 | −0.007 | 0.116 | 0.054 | 0.035 | 0.093 | 0.167 | −0.045 | −0.083 | 0.757 | Shaanxi | 0.044 | −0.116 | 0.762 | 0.432 | 0.045 | −0.057 | 0.007 | −0.210 | 0.196 | 0.626 | −0.322 | 0.067 | 1.474 | Gansu | 0.031 | −0.021 | 0.159 | 0.331 | 0.027 | 0.148 | 0.002 | −0.013 | 0.035 | 0.318 | 0.072 | 0.023 | 1.112 | Qinghai | 0.028 | 0.569 | −0.114 | 0.277 | 0.134 | −0.172 | 0.483 | 0.186 | 0.915 | 0.616 | −0.599 | −0.382 | 1.941 | Ningxia | −0.210 | 0.998 | −0.320 | −0.058 | 0.022 | 0.127 | 0.062 | 0.042 | 0.129 | 0.126 | 0.095 | −0.041 | 0.972 | Xinjiang | 0.177 | −0.137 | 0.683 | 0.365 | −0.269 | −0.095 | 0.025 | −0.076 | 0.052 | 0.199 | 0.044 | −0.122 | 0.846 | Average value | 0.123 | 0.066 | 0.379 | 0.260 | 0.032 | 0.096 | 0.176 | 0.043 | 0.174 | 0.157 | −0.073 | 0.061 | — |
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