Record Details

TOTAL FACTOR PRODUCTIVITY GROWTH IN THE MALAYSIAN MANUFACTURING SECTOR

International Journal of Economics, Management and Accounting

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Field Value
 
Title TOTAL FACTOR PRODUCTIVITY GROWTH IN THE MALAYSIAN MANUFACTURING SECTOR
 
Creator Said, Fatimah
Mohd. Said, Saad
 
Description This study utilizes the standard growth accounting model to estimate Total Factor Productivity (TFP) growth for Malaysian manufacturing industries during 1982-1997 which includes two cyclical sub-periods 1982-1986 and 1987-1997. The estimates show high TFP growth among the heavy industries as compared to the medium and light industries. The average TFP growth for the manufacturing sector as a whole was found to be negative during 1982-1986. However, it improved in the second sub-period of 1987-1997 and recorded positive annual growth of 4.05 percent. This improvement presumably reflects to some extent the success of changes in government policy which have taken place since 1985. Still, the growth of the Malaysian manufacturing sector was governed by input-driven growth rather than productivity-driven growth.JEL classification: D24Key words: Total factor productivity, Heavy industry, Government policy
 
Publisher Kulliyyah of Economics and Management Sciences
 
Date 2013-03-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/100
 
Source International Journal of Economics, Management and Accounting; Vol 12 No 2 (2004)
2462-1420
 
Language eng
 
Relation http://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/100/83