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Decomposition of Productivity Growth of the Malaysian Manufacturing Sector, 1983-2005

Jurnal Ekonomi Malaysia

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Title Decomposition of Productivity Growth of the Malaysian Manufacturing Sector, 1983-2005
 
Creator Sulaiman, Noorasiah
Abdul Rashid, Zakariah
 
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Description ABSTRACTThe present paper examines the productivity growth of Malaysian manufacturing industries between 1983 and 2005.Unlike previous studies that use one source of data, the present study uses two sources of data:the Malaysian Input-Output Tables and the Malaysian Industrial Manufacturing Survey. The analysis focuses upon on the decompositionof aggregate total factor productivity (TFP) growth into three effects: technical change, linkage and final demand. Thefindings indicate that final demand is the largest contributor to growth in overall TFP. In addition, a small contributionstems from technical change and particularly linkage effects. When the decomposition of final demand effect is extendedinto price and real share effects, the findings obtained demonstrate that a change in relative prices significantly influencesthe change in output share produced.Keywords: Total factor productivity growth; technical change; linkage structure and final demandABSTRAKArtikel ini mengkaji pertumbuhan produktiviti sektor pembuatan Malaysia dari tahun 1983 hingga 2005. Tidak sepertikajian terdahulu yang menggunakan satu sumber data, kajian ini menggunakan dua sumber data, iaitu data JadualInput-Output Malaysia dan data Banci Industri Pembuatan. Fokus analisis bagi kajian ini ialah terhadap pencerakinanproduktiviti fakto rkeseluruhan (TFP) terhadap tiga komponen, iaitu perubahan teknik/ teknologi, struktur inter-industri/rantaian dan permintaan akhir. Dapatan kajian menunjukkan komponen permintaan akhir adalah penyumbang terbesarkepada pertumbuhan TFP. Sementara itu, sumbangan yang kecil daripada perubahan teknik/ teknologi dan khususnya,struktur inter industri/ rantaian. Analisis lanjutan terhadap pencerakinan permintaan output akhir kepada perubahanharga dan perubahan output benar mendapati wujud pengaruh yang signifikan bagi perubahan dalam harga relatifterhadap perubahan dalam jumlah output yang dikeluarkan.Kata kunci: Produktiviti faktor keseluruhan; perubahan teknik; struktur rantaian dan permintaan akhir
 
Publisher Universiti Kebangsaan Malaysia
 
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Date 2013-07-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
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Format application/pdf
 
Identifier http://ejournal.ukm.my/jem/article/view/5573
 
Source Jurnal Ekonomi Malaysia; Vol 47, No 1 (2013): Jurnal Ekonomi Malaysia; 65-74
0126-1962
 
Language eng
 
Relation http://ejournal.ukm.my/jem/article/view/5573/2643
 
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