Thermal power enterprise’s total factor productivity model and its application

Total factor productivity theory has got widespread applications in macroeconomic research field, but few in microscopic enterprise economic activities, because it’s difficult to establish the total factor productivity model for microscopic enterprise and it’s complicated to calculate. From thermal power enterprise’s aspect, this paper, based on productivity theory and total factor productivity theory, analyzes interior and exterior influencing factors of our county’s thermal power enterprises and establishes the total factor productivity model fit for those enterprises. The established model is of simple calculation course and clarified result. Thermal power enterprises can easily calculate the total factor productivity by using this model, so as to pointedly improve the resource allocation productivity as well as offer feasible proposals to advance the comprehensive productivity of business and management.