Singapores manufacturing sectors TFP Growth: A decomposition analysis

Renuka Mahadevan, Kaliappa Kalirajan

    Research output: Contribution to journalArticle

    Abstract

    Singapore has been criticized recently for experiencing insignificant total factor productivity (TFP) growth. This paper examines whether this criticism is valid in the context of the manufacturing sector of Singapore. Using new data and the stochastic production frontier approach, TFP growth is decomposed into technological progress and changes in technical efficiency. While the results could not reject the hypothesis that Singapore's output growth is mostly input-driven, they show that, despite technological progress, technical inefficiency is the cause for the low and declining TFP growth in the manufacturing sector.J. Comp. Econom., December 2000, 28(4), pp. 828-839. The University of Queensland; Research School of Pacific and Asian Studies, The Australian National University.
    Original languageEnglish
    Pages (from-to)828-839
    JournalJournal of Comparative Economics
    Volume28
    DOIs
    Publication statusPublished - 2000

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