Assessing the output and productivity growth of Malaysia's manufacturing sector

Mahadevan, R. (2001) Assessing the output and productivity growth of Malaysia's manufacturing sector. Journal of Asian Economics, 12 4: 587-597. doi:10.1016/S1049-0078(01)00104-X


Author Mahadevan, R.
Title Assessing the output and productivity growth of Malaysia's manufacturing sector
Journal name Journal of Asian Economics   Check publisher's open access policy
ISSN 1049-0078
Publication date 2001-01-01
Sub-type Article (original research)
DOI 10.1016/S1049-0078(01)00104-X
Open Access Status Not yet assessed
Volume 12
Issue 4
Start page 587
End page 597
Total pages 11
Editor M. Dutta
R. Hooley
Place of publication UK
Publisher Elsevier Science
Language eng
Subject C1
340405 Panel Data Analysis
720404 Productivity
Abstract Given the importance of the manufacturing sector in the second-tier newly industrializing economy of Malaysia, this paper uses the stochastic frontier approach to assess the growth potential of this sector. This is performed by first estimating the production function by using panel data comprising 28 manufacturing industries over the period of 1981-1996. Unlike previous studies that used the growth accounting approach, here output growth is not just decomposed into input growth and total factor productivity growth but total factor productivity growth is further decomposed into technological progress and technical efficiency, thereby providing more direction for policy making.
Keyword Stochastic production frontier
Technical efficiency
Technological progress
Total factor productivity
Q-Index Code C1
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collection: School of Economics Publications
 
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Created: Wed, 15 Aug 2007, 02:38:04 EST