Empirical Analysis of Influence of Furniture Manufacturing Servitization on Industry Performance Based on Big Data

Table 2

The Malmquist index and the decomposition of the global furniture manufacturing industry (2001–2014).

Year	Technical efficiency	Advances in technology	TFP index
2001/2000	0.731	1.368	1
2002/2001	1.267	0.766	0.97
2003/2002	0.969	1.002	0.971
2004/2003	0.984	1.041	1.024
2005/2004	1.256	0.795	0.998
2006/2005	1.259	0.792	0.997
2007/2006	1.127	0.892	1.005
2008/2007	0.977	0.97	0.948
2009/2008	1.043	0.869	0.906
2010/2009	1.064	0.962	1.024
2011/2010	1.011	1	1.011
2012/2011	1.002	0.966	0.968
2013/2012	0.962	1.032	0.993
2014/2013	0.988	1.025	1.012
The average	1.036	0.953	0.987

Note. TFP, total factor productivity.