Technical Change in Manufacturing Industries in Singapore: 1980-91
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by Elaine Seow, Lin Hwa, Ashish Lall
http://www.ntu.edu.sg/nbs/publications/regional_issues_in_economics/04-slh96.pdf
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Abstract:
Abstract Recently, there have been various studies which show that since the 1960s, total factor productivity growth has been low and even negative, for both the Singapore economy and the manufacturing sector. Economic growth has been therefore fuelled mainly by factor accumulation. This paper focuses on thirty manufacturing industries and uses both the index number and the parametric approach to measure TFP growth. By estimating a translog cost function, this paper decomposes the index number measure of TFP growth into technical change and scale effects. Results show that the TFP growth of the manufacturing sector from 1980-91 has been higher than suggested by previous studies. 1.
Citations
| 19 | Exact and Superlative Index Numbers – Diewert - 1976 |
| 3 | The Measurement and Interpretation of Total Factor Productivity in Regulated Industries, with an Application to Canadian Telecommunications – Denny, Fuss, et al. - 1981 |
| 1 | Aggregation Problems in the Measurement of Capital,” The Measurement of Capital – Diewert - 1980 |
| 1 | The Theory of Investment Behaviour.” Determinants of Investment Behaviour – Jorgenson - 1967 |
