The effects of exports, technical change and markup on total factor productivity growth: Evidence from Singapore's electronics industry
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.
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References listed on IDEAS
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- 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.
- M. Ishaq Nadiri & Ingmar R. Prucha, 1989. "Dynamic Factor Demand Models, Productivity Measurement, and Rates of Return: Theory and an Empirical Application to the U.S. Bell System," NBER Working Papers 3041, National Bureau of Economic Research, Inc.
- 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.
- 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.
- 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.
- 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)
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