Applied Mathematics

Volume 4, Issue 9 (September 2013)

ISSN Print: 2152-7385   ISSN Online: 2152-7393

Google-based Impact Factor: 0.58  Citations  

Technical Components of Total Factor Productivity Growth in Malaysian Manufacturing Industry

HTML  XML Download Download as PDF (Size: 411KB)  PP. 1251-1259  
DOI: 10.4236/am.2013.49169    5,467 Downloads   9,190 Views  Citations

ABSTRACT

This article attempts to disaggregate and explore the components of TFP growth that contribute to changes in output, scale of production, and allocative efficiency and technical efficiency of the Malaysian manufacturing sector. The total factor productivity (TFP) concept defined as total output per unit of all inputs used in the production of an industry has gained a prominent place in academia. The investigation on TFP growth is obviously useful for identifying sources of output growth in the development of an industry. The TFP growth is often interchangeably understood as the technical progress or changes in technology as the sole contributor to economic development. Nonetheless there are other factors contributing to its substance. Knowledge on these technical changes would help decision makers to realize the strengths and weaknesses that contribute to the growth and development of an industry. Alternatively this research would be more beneficial in the case of cross-industry or cross-country comparative studies in order to plan for developmental goal. In such a case a model industry or country can be chosen that exhibits special growth features.

Share and Cite:

N. Mustapha, N. Hashim and R. Yacob, "Technical Components of Total Factor Productivity Growth in Malaysian Manufacturing Industry," Applied Mathematics, Vol. 4 No. 9, 2013, pp. 1251-1259. doi: 10.4236/am.2013.49169.

Cited by

[1] Digital Economy, Technological Innovation and Green High-Quality Development of Industry: A Study Case of China
Sustainability, 2022
[2] Technical efficiency in Malaysian manufacturing firms: A stochastic frontier analysis approach
Abdullah, LW Sieng… - Journal of Sustainability …, 2021
[3] Productivity Growth and Local Content Requirement of the Manufacturing Industry in Banten Province
Jurnal Ekonomi & Studi …, 2021
[4] Does country governance and bank productivity Nexus matters?
2020
[5] PRODUCTIVIDAD TOTAL DE LOS FACTORES, INSTITUCIONES Y CRECIMIENTO ECONÓMICO EN VENEZUELA (1973-2017)
2019
[6] Productivity and efficiency of the agricultural sector: Africa with a special focus on rice farming and processing in Kenya
2017
[7] Multi-lateral multi-output measurement of productivity: the case of African agriculture
2015
[8] Productivity of MENA Islamic banks: a bootstrapped Malmquist index approach
International Journal of Islamic and Middle Eastern Finance and Management, 2015

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.