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Liberalization and Productivity Growth: The Case of Manufacturing Industry in Nepal

Author

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  • Kishor Sharma

    (Department of Economics and Finance, La Trobe University)

  • Sisira Kumara Jayasuriya

    (Department of Economics and Finance, La Trobe University)

  • Edward Oczkowski

    (Department of Economics and Finance, La Trobe University)

Abstract

Relatively few studies have empirically examined the link between productivity growth and policy liberalization, and the evidence, though generally supportive of the hypothesis, is somewhat mixed and the levels and changes in growth rates vary substantially across countries. There is clearly need to better understand what other factors may influence the final outcome. In this paper we examine the experience of the Nepalese manufacturing sector during the 1972-94 period and explore the validity of this proposition.

Suggested Citation

  • Kishor Sharma & Sisira Kumara Jayasuriya & Edward Oczkowski, 1997. "Liberalization and Productivity Growth: The Case of Manufacturing Industry in Nepal," Working Papers 1997.16, School of Economics, La Trobe University.
    • Handle: RePEc:ltr:wpaper:1997.16
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    Cited by:

    1. Jayanthakumaran, Kankesu, 2002. "The Impact of Trade Liberalisation on Manufacturing Sector Performance in Developing Countries: A Survey of the Literature," Economics Working Papers wp02-07, School of Economics, University of Wollongong, NSW, Australia.
    2. Dolage, D.A.R. & Sade, Abu Bakar & Ahmed, Elsadig Musa, 2010. "The influence of Flexible Manufacturing Technology adoption on productivity of Malaysian manufacturing industry," Economic Modelling, Elsevier, vol. 27(1), pages 395-403, January.
    3. Deb Kusum Das, 2007. "Trade Liberalization and Industrial Productivity: An Assessment of Developing Country Experiences," Working Papers id:1009, eSocialSciences.
    4. Kishor Sharma, 2004. "The Impact of Policy Reforms on Labour Productivity, Price Cost Margin and Total Factor Productivity: The Nepalese Experience," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 5(1), pages 55-68, March.
    5. L. ALAN WINTERS & NEIL McCULLOCH & ANDREW McKAY, 2015. "Trade Liberalization and Poverty: The Evidence So Far," World Scientific Book Chapters, in: Non-Tariff Barriers, Regionalism and Poverty Essays in Applied International Trade Analysis, chapter 14, pages 271-314, World Scientific Publishing Co. Pte. Ltd..
    6. Anthony Enisan Akinlo, 2005. "Impact of Macroeconomic Factors on Total Factor Productivity in Sub-Saharan African Countries," WIDER Working Paper Series RP2005-39, World Institute for Development Economic Research (UNU-WIDER).
    7. Pamela Coke Hamilton & Yvonne Tsikata & Emmanuel Pinto Moreira, 2009. "Accelerating Trade and Integration in the Caribbean : Policy Options for Sustained Growth, Job Creation, and Poverty Reduction," World Bank Publications - Books, The World Bank Group, number 2652, April.
    8. Yapa M.W.Y. Bandara & Neil D. Karunaratne, 2013. "Globalization, Policy Reforms and Productivity Growth in Developing Countries: Evidence from Sri Lanka," Global Business Review, International Management Institute, vol. 14(3), pages 429-451, September.
    9. Kishor Sharma, 2000. "Liberalization and Structural Change: Evidence from Nepalese Manufacturing," Working Papers 812, Economic Growth Center, Yale University.
    10. Edward Oczkowski & Kishor Sharma, 2005. "Determinants of Efficiency in Least Developed Countries: Further Evidence from Nepalese Manufacturing Firms," Journal of Development Studies, Taylor & Francis Journals, vol. 41(4), pages 617-630.
    11. Binod K. Karmacharya, 2001. "Economic Reforms in Nepal and their Implications for Trade, Economic Growth, Inequality and Poverty," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 2(1), pages 87-103, March.
    12. Saon Ray, 2014. "What Explains the Productivity Decline in Manufacturing in the Nineties in India?," Working Papers id:6280, eSocialSciences.

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