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中文摘要：
黄金上市公司的经营效率水平是衡量我国黄金产业综合竞争实力的最重要标准。文章采用Malmquist指数方法，依据我国黄金上市公司2007-2012年的面板财务数据，从动态角度对我国黄金产业的效率水平及演化趋势进行了分析与评价。研究表明：2007-2012年，我国黄金上市公司的平均全要素生产率呈现年均5％的衰退趋势；技术进步效率是制约我国黄金上市公司全要素生产率提高的主要因素；考察期内，综合技术效率、纯技术效率和规模效率均未发生明显的增减变动。
英文摘要：
The operating efficiency of listed gold companies is the most important criterion that measures the level of internationally competitive for the gold industry in China. According to the panel financial data of listed gold companies in China from 2007 to 2012,the dynamic efficiency level and trend of China＇s gold industry were analyzed and evaluated by using Malmquist index. The results showed that the annual average TFP showed a 5% decline trend from 2007 to 2012; the technological progress efficiency was the major factor that restricted the operational efficiency improve; the comprehensive technical efficiency, pure technical efficiency and scale efficiency had not an apparent change in the study period.
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