TY - JOUR
T1 - Singapores manufacturing sectors TFP Growth: A decomposition analysis
AU - Mahadevan, Renuka
AU - Kalirajan, Kaliappa
PY - 2000
Y1 - 2000
N2 - 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.
AB - 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.
U2 - 10.1006/jcec.2000.1682
DO - 10.1006/jcec.2000.1682
M3 - Article
VL - 28
SP - 828
EP - 839
JO - Journal of Comparative Economics
JF - Journal of Comparative Economics
SN - 0147-5967
ER -