IDEAS home Printed from https://ideas.repec.org/p/uwa/wpaper/05-29.html
   My bibliography  Save this paper

The Effects of Export, Technical change and Markup on Total Factor Productivity Growth: Evidence from Singapore's Electronics Industry

Author

Listed:
  • Harry Bloch

    (School of Economics and Finance, Curtin University of Technology)

  • Sam Hak-Kan Tang

    (Department of Economics, The University of Western Australia)

Abstract

This paper illustrates a new technique to measure the effect of export demand on the conventional TFP growth index at the industry level. We apply the technique to Singapore’s electronics industry and find that rapid growth in exports accounts for most of the TFP growth in this industry.

Suggested Citation

  • Harry Bloch & Sam Hak-Kan Tang, 2005. "The Effects of Export, Technical change and Markup on Total Factor Productivity Growth: Evidence from Singapore's Electronics Industry," Economics Discussion / Working Papers 05-29, The University of Western Australia, Department of Economics.
    • Handle: RePEc:uwa:wpaper:05-29
    as

    Download full text from publisher

    File URL: https://ecompapers.biz.uwa.edu.au/paper/PDF%20of%20Discussion%20Papers/2005/05_29_Tang.pdf
    File Function: First version, 2005
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Nadiri, M. Ishaq & Prucha, Ingmar R., 1990. "Dynamic factor demand models, productivity measurement, and rates of return: Theory and an empirical application to the US Bell System," Structural Change and Economic Dynamics, Elsevier, vol. 1(2), pages 263-289, December.
    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. Park, Seung-Rok & Kwon, Jene K, 1995. "Rapid Economic Growth with Increasing Returns to Scale and Little or No Productivity Growth," The Review of Economics and Statistics, MIT Press, vol. 77(2), pages 332-351, May.
    4. M. Ishaq Nadiri & Banani Nandi, 1999. "Technical Change, Markup, Divestiture, And Productivity Growth In The U.S. Telecommunications Industry," The Review of Economics and Statistics, MIT Press, vol. 81(3), pages 488-498, August.
    5. Appelbaum, Elie, 1982. "The estimation of the degree of oligopoly power," Journal of Econometrics, Elsevier, vol. 19(2-3), pages 287-299, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xueqing Wang & Yuan Chen & Bingsheng Liu & Yinghua Shen & Hui Sun, 2013. "A total factor productivity measure for the construction industry and analysis of its spatial difference: a case study in China," Construction Management and Economics, Taylor & Francis Journals, vol. 31(10), pages 1059-1071, October.
    2. Kovak Brian K., 2011. "Overestimating the Effect of Complementarity on Skill Demand," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-25, October.
    3. Wei Wei & Qiao Fan & Aijun Guo, 2022. "China’s Industrial TFPs at the Prefectural Level and the Law of Their Spatial–Temporal Evolution," Sustainability, MDPI, vol. 15(1), pages 1-21, December.

    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. Nemoto, Jiro & Asai, Sumiko, 2002. "Scale economies, technical change and productivity growth in Japanese local telecommunications services," Japan and the World Economy, Elsevier, vol. 14(3), pages 305-320, August.
    2. Chia-Hung Sun, 2005. "Productivity growth in East Asian manufacturing: a fading miracle or measurement problem?," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(1), pages 1-19.
    3. Lahcen ACHY & Azzeddine AZZAM & Khalid SEKKAT, 2009. "Coping With Data Limitations When Measuring Oligopoly Power In A Developing Country," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 9(2).
    4. Brissimis, Sophocles N. & Delis, Manthos D., 2011. "Bank-level estimates of market power," European Journal of Operational Research, Elsevier, vol. 212(3), pages 508-517, August.
    5. Ding, John Y., 1993. "Toward a Framework for Analyzing Multimarket Contact and Multinational Competition," Occasional Papers 233154, Regional Research Project NC-194: Organization and Performance of World Food Systems.
    6. Anthony N. Rezitis & A. Blake Brown & William E. Foster, 1998. "Adjustment costs and dynamic factor demands for U.S. cigarette manufacturing," Agricultural Economics, International Association of Agricultural Economists, vol. 18(3), pages 217-231, May.
    7. Lullit Getachew & Robin C. Sickles, 2007. "The policy environment and relative price efficiency of Egyptian private sector manufacturing: 1987|88-1995|96," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(4), pages 703-728.
    8. Cherchye, L. & Post, G.T., 2001. "Methodological Advances in Dea," ERIM Report Series Research in Management ERS-2001-53-F&A, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    9. David Bouras & Troy Frank & Eric Burgess, 2017. "Functional Forms and Oligopolistic Models: An Empirical Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 7(4), pages 645-649.
    10. Ronchi, Loraine, 2006. "Fairtrade and market failures in agricultural commodity markets," Policy Research Working Paper Series 4011, The World Bank.
    11. Irz, Xavier & Mazzocchi, Mario & Réquillart, Vincent & Soler, Louis-Georges, 2015. "Research in Food Economics: past trends and new challenges," Revue d'Etudes en Agriculture et Environnement, Editions NecPlus, vol. 96(01), pages 187-237, March.
    12. Azzeddine Azzam & David Rosenbaum, 2001. "Differential efficiency, market structure and price," Applied Economics, Taylor & Francis Journals, vol. 33(10), pages 1351-1357.
    13. Boyd, Roy G. & Jung, Chulho & Seldon, Barry J., 1995. "The market structure of the US aluminum industry," Journal of Economics and Business, Elsevier, vol. 47(3), pages 293-301, August.
    14. Harald Badinger & Fritz Breuss, 2004. "Has Austria's Accession to the EU Triggered an Increase in Competition? A Sectoral Markup Study," WIFO Working Papers 220, WIFO.
    15. Bakucs, Lajos Zoltan & Ferto, Imre & Hockmann, Heinrich & Perekhozhuk, Oleksandr, 2009. "Market power on the edge? An analysis of the German and Hungarian hog markets," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 58(08), pages 1-9, November.
    16. Dae‐Wook Kim & Christopher R. Knittel, 2006. "Biases In Static Oligopoly Models? Evidence From The California Electricity Market," Journal of Industrial Economics, Wiley Blackwell, vol. 54(4), pages 451-470, December.
    17. Yoshitsugu Kanemoto, 2013. "Pitfalls in estimating “wider economic benefits” of transportation projects," GRIPS Discussion Papers 13-20, National Graduate Institute for Policy Studies.
    18. Durevall, Dick, 2007. "Competition in the Swedish coffee market, 1978-2002," International Journal of Industrial Organization, Elsevier, vol. 25(4), pages 721-739, August.
    19. Sascha A. Weber & Sven M. Anders, 2007. "Price rigidity and market power in German retailing," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(7), pages 737-749.
    20. Mahadevan, Renuka & Kalirajan, Kali, 2000. "Singapore's Manufacturing Sector's TFP Growth: A Decomposition Analysis," Journal of Comparative Economics, Elsevier, vol. 28(4), pages 828-839, December.

    More about this item

    Keywords

    TFP growth; exports; Singapore's electronics industry;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L68 - Industrial Organization - - Industry Studies: Manufacturing - - - Appliances; Furniture; Other Consumer Durables

    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:uwa:wpaper:05-29. 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: Sam Tang (email available below). General contact details of provider: https://edirc.repec.org/data/deuwaau.html .

    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.