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On measuring total factor productivity growth in Singapore's manufacturing industries

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  • M. Renuka
  • K. P. Kalirajan

Abstract

This paper concerns the recently published article on Singapore's manufacturing industries' total factor productivity growth (TFPG) by Leung (Applied Economics Letters, 4, 1997). While agreeing with his overall results, the issues discussed in this paper are about the limitations in the method of his analysis and explanation. The stochastic production frontier approach is also suggested as an alternative method to study TFPG.

Suggested Citation

  • M. Renuka & K. P. Kalirajan, 1999. "On measuring total factor productivity growth in Singapore's manufacturing industries," Applied Economics Letters, Taylor & Francis Journals, vol. 6(5), pages 295-298.
    • Handle: RePEc:taf:apeclt:v:6:y:1999:i:5:p:295-298
    DOI: 10.1080/135048599353267
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    References listed on IDEAS

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    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. H. M. Leung, 1997. "Total factor productivity growth in Singapore's manufacturing industries," Applied Economics Letters, Taylor & Francis Journals, vol. 4(8), pages 525-528.
    3. Ronald Findlay, 1995. "Factor Proportions, Trade, and Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262061759, April.
    4. Young, Alwyn, 1994. "Lessons from the East Asian NICS: A contrarian view," European Economic Review, Elsevier, vol. 38(3-4), pages 964-973, April.
    5. Krugman, Paul, 1979. "A Model of Innovation, Technology Transfer, and the World Distribution of Income," Journal of Political Economy, University of Chicago Press, vol. 87(2), pages 253-266, April.
    6. K.P. Kalirajan & M.B. Obwona & S. Zhao, 1996. "A Decomposition of Total Factor Productivity Growth: The Case of Chinese Agricultural Growth before and after Reforms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(2), pages 331-338.
    7. Raymond Vernon, 1966. "International Investment and International Trade in the Product Cycle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(2), pages 190-207.
    8. Alwyn Young, 1992. "A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong and Singapore," NBER Chapters, in: NBER Macroeconomics Annual 1992, Volume 7, pages 13-64, National Bureau of Economic Research, Inc.
    9. Nishimizu, Mieko & Page, John M, Jr, 1982. "Total Factor Productivity Growth, Technological Progress and Technical Efficiency Change: Dimensions of Productivity Change in Yugoslavia, 1965-78," Economic Journal, Royal Economic Society, vol. 92(368), pages 920-936, December.
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    Cited by:

    1. Renuka Mahadevan, 2002. "Trade liberalization and productivity growth in Australian manufacturing industries," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 30(2), pages 170-185, June.
    2. Heru Margono & Subhash Sharma & Kevin Sylwester & Usama Al-Qalawi, 2009. "Technical efficiency and productivity analysis in Indonesian provincial economies," Applied Economics, Taylor & Francis Journals, vol. 43(6), pages 663-672.
    3. Mahadevan, Renuka & Asafu-Adjaye, John, 2005. "The productivity-inflation nexus: the case of the Australian mining sector," Energy Economics, Elsevier, vol. 27(1), pages 209-224, January.
    4. Chia-Hung Sun, 2007. "Economic integration, efficiency change and technological progress," Applied Economics, Taylor & Francis Journals, vol. 39(5), pages 653-662.
    5. G. K. Randolph Tan, 2006. "Efficiency estimates for Singapore manufacturing: new evidence from the Malmquist Index," Applied Economics Letters, Taylor & Francis Journals, vol. 13(11), pages 715-721.
    6. Mahadevan, R., 2001. "Assessing the output and productivity growth of Malaysia's manufacturing sector," Journal of Asian Economics, Elsevier, vol. 12(4), pages 587-597.

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