IDEAS home Printed from https://ideas.repec.org/a/aaw/grrjrn/v3y2018i1p265-280.html
   My bibliography  Save this article

Productivity in the Emerging Asian Economies

Author

Listed:
  • Asma Saeed

    (PhD Scholar, Department of Economics, Pakhtunkhwa Economic Policy Research Institute, Abdul Wali Khan University Mardan, KP, Pakistan.)

  • Zahoor Ul Haq

    (Professor, Department of Economics, Pakhtunkhwa Economic Policy Research Institute,Abdul Wali Khan University Mardan, KP, Pakistan.)

  • Javed Iqbal

    (Assistant Professor,Department of Economics, Pakhtunkhwa Economic Policy Research Institute, Abdul Wali Khan University Mardan, KP, Pakistan.)

Abstract

Total factor productivity (TFP) has played a vital role in fostering the growth of the agriculture and manufacturing sectors of emerging Asian economies. However, few attempts have been made to unveil this link. The core objective of our paper is to evaluate TFP growth via two different approaches (1) growth accounting framework and (2) Data Envelopment Analysis (DEA) for emerging Asian economies, namely, China, Pakistan, India, Indonesia, South Korea, and Japan. Results obtained from both approaches revealed that on average productivity performance increased for the sample countries over the study period. Furthermore, DEA results indicated that increase in agriculture and manufacturing sector’s productivity is largely attributable to the technological advancement in these countries while the role of technical efficiency change is not encouraging. Policymakers need to frame appropriate policies achieving higher TFP growth both through technological innovation and efficiency improvements in order to attain sustainable economic growth.

Suggested Citation

  • Asma Saeed & Zahoor Ul Haq & Javed Iqbal, 2018. "Productivity in the Emerging Asian Economies," Global Regional Review, Humanity Only, vol. 3(1), pages 265-280, June.
    • Handle: RePEc:aaw:grrjrn:v:3:y:2018:i:1:p:265-280
    DOI: 10.31703/grr.2018(III-I).19
    as

    Download full text from publisher

    File URL: https://grrjournal.com/jadmin/Auther/31rvIolA2LALJouq9hkR/3pRUOzZp9W.pdf
    Download Restriction: no
    File URL: https://www.grrjournal.com/issue/Productivity-in-the-Emerging-Asian-Economies
    Download Restriction: no
    File URL: https://libkey.io/10.31703/grr.2018(III-I).19?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Khan, Safdar Ullah Khan, 2005. "Macro Determinants of Total Factor Productivity in Pakistan," MPRA Paper 8693, University Library of Munich, Germany, revised 10 Sep 2005.
    2. Coelli, Tim J., 1991. "Productivity Growth in Western Australia," 1992 Conference (36th), February 10-13, 1992, Canberra, Australia 146431, Australian Agricultural and Resource Economics Society.
    3. John W. Kendrick, 1961. "Productivity Trends in the United States," NBER Books, National Bureau of Economic Research, Inc, number kend61-1, March.
    4. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    5. Nadiri, M Ishaq, 1970. "Some Approaches to the Theory and Measurement of Total Factor Productivity: A Survey," Journal of Economic Literature, American Economic Association, vol. 8(4), pages 1137-1177, December.
    6. Goldar, Bishwanath, 1986. "Import Substitution, Industrial Concentration and Productivity Growth in Indian Manufacturing," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 48(2), pages 143-164, May.
    7. Tapas Mishra & Mamata Parhi & Claude Diebolt, 2008. "Human Capital Accumulation and Spatial TFP Interdependence," Working Papers 08-12, Association Française de Cliométrie (AFC).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Charles R. Hulten, 2000. "Total Factor Productivity: A Short Biography," NBER Working Papers 7471, National Bureau of Economic Research, Inc.
    2. Atif khan Jadoon & Syeda Azra Batool & Ambreen Sarwar & Maria Faiq Javaid & Dur a Shahwar, 2021. "An Investigation into the Channel of Public Expenditure to Boost Industrial Productivity in Pakistan," iRASD Journal of Economics, International Research Alliance for Sustainable Development (iRASD), vol. 3(2), pages 93-105, September.
    3. Ceyhun Elgin & Selman Çakır, 2015. "Technological progress and scientific indicators: a panel data analysis," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 24(3), pages 263-281, April.
    4. Hofman, André A., 2000. "The economic development of Latin America in the twentieth century," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1650 edited by Eclac, September.
    5. Jesus Felipe & J. S. L. McCombie, 2005. "WHY ARE SOME COUNTRIES RICHER THAN OTHERS? A SKEPTICAL VIEW OF MANKIW–ROMER–WEIL's TEST OF THE NEOCLASSICAL GROWTH MODEL," Metroeconomica, Wiley Blackwell, vol. 56(3), pages 360-392, July.
    6. Keita Kouramoudou, 2017. "Does Corruption Affect Total Factor Productivity? An Empirical Analysis," Working Papers 1714, Tampere University, Faculty of Management and Business, Economics.
    7. Mahmood Mahmoudzadeh & Seyyed Ali Zeytoon Nejad Moosavian, 2016. "Measuring and Analyzing the Shares of Economic Growth Sources in the Mining Sector of Iran: A Neoclassical Growth Accounting Approach," Papers 1612.00833, arXiv.org.
    8. Peter Drysdale & Yiping Huang, 1997. "Technological Catch‐Up and Economic Growth in East Asia and the Pacific," The Economic Record, The Economic Society of Australia, vol. 73(222), pages 201-211, September.
    9. Scott L. Baier & Gerald P. Dwyer & Robert Tamura, 2006. "How Important are Capital and Total Factor Productivity for Economic Growth?," Economic Inquiry, Western Economic Association International, vol. 44(1), pages 23-49, January.
    10. Laurits R. Christensen & Dianne Cummings & Dale Jorgenson, 1980. "Economic Growth, 1947–73: An International Comparison," NBER Chapters, in: New Developments in Productivity Measurement and Analysis, pages 595-698, National Bureau of Economic Research, Inc.
    11. Sarath Delpachitra & Pham Van Dai, 2012. "The Determinants of TFP Growth in Middle Income Economies in ASEAN: Implication of Financial Crises," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 11(1), pages 63-88, June.
    12. Akanbi, Olusegun A. & Du Toit, Charlotte B., 2011. "Macro-econometric modelling for the Nigerian economy: A growth–poverty gap analysis," Economic Modelling, Elsevier, vol. 28(1), pages 335-350.
    13. Rossitsa Rangelova, 2008. "A Criticism of the Concept and Measure for Total Factor Productivity," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 30-49.
    14. Stefania Villa, 2005. "Determinants of growth in Italy. A time series analysis," Quaderni DSEMS 24-2005, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    15. Paul David & Gavin Wright, 1999. "Early Twentieth Century Productivity Growth Dynamics: An Inquiry into the Economic History of Our Ignorance," Oxford Economic and Social History Working Papers _033, University of Oxford, Department of Economics.
    16. Chad Turner & Robert Tamura & Sean Mulholland, 2013. "How important are human capital, physical capital and total factor productivity for determining state economic growth in the United States, 1840–2000?," Journal of Economic Growth, Springer, vol. 18(4), pages 319-371, December.
    17. Safdar Ullah Khan, 2006. "Macro Determeinants of Total Factor Productivity in Pakistan," SBP Working Paper Series 10, State Bank of Pakistan, Research Department.
    18. Good, D. & Nadiri, M.I. & Sickles, R., 1996. "Index Number and Factor Demand Approaches to the Estimarion of Productivity," Working Papers 96-34, C.V. Starr Center for Applied Economics, New York University.
    19. Ali Raza Cheema & Attiya Yasmin Javid, 2015. "The Relationship between Disaggregate Energy Consumption, Economic Growth and Environment for Asian Developing Economies," PIDE-Working Papers 2015:115, Pakistan Institute of Development Economics.
    20. Boskin, Michael & Lau, Lawrence, 1992. "Capital and Productivity: A New View," Working Paper Series 366, Research Institute of Industrial Economics.

    More about this item

    Keywords

    Data Envelopment Analysis; Growth Accounting Framework; Productivity; Total Factor Productivity.;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aaw:grrjrn:v:3:y:2018:i:1:p:265-280. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: M Imran Khan (email available below). General contact details of provider: http://www.humanityonly.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.