Enhancing green total factor productivity through manufacturing output servitization: A case study in China.

ABSTRACT: In the context of the growing environmental pollution and resource depletion caused by traditional manufacturing industries, the need for sustainable and eco-friendly practices has become a critical issue for the upgrading and transformation of the manufacturing industry worldwide. Based on data from listed manufacturing companies in China, which is the world's largest manufacturing country and exhibits significant diversity regarding the ownership, scale and level of enterprises, the impact of manufacturing output servitization on green total factor productivity (GTFP), which is a measurement of economic efficiency that takes into account environmental impacts, is analyzed in this article. The results show that manufacturing output servitization can improve the GTFP of enterprises, and th

SUBMITTER: Wang H 

PROVIDER: S-EPMC10772172 | biostudies-literature | 2024 Jan

REPOSITORIES: biostudies-literature