TY - JOUR
T1 - Singapore's Manufacturing Sector's TFP Growth
T2 - A Decomposition Analysis
AU - Mahadevan, Renuka
AU - Kalirajan, Kali
PY - 2000/12
Y1 - 2000/12
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.
KW - Stochastic production frontier
KW - Technical efficiency
KW - Technological progress
KW - Total factor productivity
UR - http://www.scopus.com/inward/record.url?scp=0141570109&partnerID=8YFLogxK
U2 - 10.1006/jcec.2000.1682
DO - 10.1006/jcec.2000.1682
M3 - Article
SN - 0147-5967
VL - 28
SP - 828
EP - 839
JO - Journal of Comparative Economics
JF - Journal of Comparative Economics
IS - 4
ER -