Total Factor Productivity and Productive Efficiency of the Listed Manufacturing Firms in the Korean Exchange

2018 ◽  
Vol 31 (1) ◽  
pp. 327-345
Author(s):  
Gwangho Han
Keyword(s):  
Total Factor Productivity ◽  
Manufacturing Firms ◽  
Productive Efficiency ◽  
Factor Productivity

Comparative analysis of efficiency and productivity growth in Canadian regional boreal logging industries

2003 ◽  
Vol 33 (9) ◽  
pp. 1653-1660 ◽  
Author(s):  
Atakelty Hailu ◽  
Terrence S Veeman
Keyword(s):  
Total Factor Productivity ◽  
Productivity Growth ◽  
Productive Efficiency ◽  
Set Covering ◽  
Data Envelopment Analysis Model ◽  
Factor Productivity ◽  
Data Set ◽  
Term Survival ◽  
Positive Effects ◽  
Logging Industry

The Canadian boreal logging industry has attracted little or no attention from economic researchers in spite of its importance for the competitiveness and long-term survival of other forest-based industries. This article uses a panel data set covering the period from 1977 to 1995 to analyze technical efficiency, technical change, and total factor productivity growth in the logging industries for six boreal provinces. The production technology is represented using a data envelopment analysis model. A transitive measure of productivity change that combines technical progress and changes in the degree of productive efficiency is computed. The empirical investigation reveals that logging activities in the boreal region are characterized by substantial efficiency differentials among the regions. Results from a Tobit analysis of efficiency differentials indicate that forest resource characteristics such as forest density and proportion of hardwood production were found to have positive effects. There was also evidence of significant positive scale effects. Engineering construction per area seems to be negatively related to efficiency. Total factor productivity in the boreal logging industry progressed at an average annual rate of 1.56%.

ANALYSIS OF COMPETITIVENESS OF THE TOURISM SECTOR EAST JAVA PROVINCE (A TECHNICAL EFFICIENCY & CONVERGENCE APPROACH)

2020 ◽  
Vol 8 (6) ◽  
pp. 294-304
Author(s):  
Suparno Suparno
Keyword(s):  
Technical Efficiency ◽  
Total Factor Productivity ◽  
High Efficiency ◽  
Government Expenditure ◽  
Spillover Effect ◽  
Productive Efficiency ◽  
Factor Productivity ◽  
Significance Level ◽  
Tourism Sector ◽  
Low Efficiency

This research analysis of tourism competitiveness is based on the very high disparity problem in the condition of the tourism sector in East Java Province. With a sample of 10 districts / cities and using investment data, tourist visits, population, government spending and tourism sector PDRB, it is produced that investment and tourist visits have a positive but not significant effect on tourism sector PDRB because due to the probability > 0.05. While the population and government expenditure have a positive and significant effect on the tourism sector PDRB due to the probability < 0.05. Fixed effect models that are formed are:PSP = 39485712 + 0.018 INV + 0.389 TOURIST + 22.304 POP + 0.065 GEX + e               To measure tourism competitiveness, it is used with technical efficiency and total factor productivity where it is produced: Sidoarjo Regency, Malang City and Surabaya City are regencies / cities that have the highest level of technical efficiency with a value of 100% technical efficiency. Whereas with the calculation of total factor productivity in Gresik Regency (21,350), Jember Regency (16,543) and Kediri Regency (15,650) are regencies / cities that have the highest productivity. Based on the calculation of technical efficiency and total factor productivity results are obtainedL1) High efficiency and productive, Jember Regency; (2) High efficiency and less productive, Sidoarjo Regency, Malang City and Surabaya City; (3) Low and productive efficiency, Kediri Regency, Lamongan Regency and Gresik Regency; and (4) Low efficiency and less productive, Banyuwangi Regency, Pasuruan Regency and Pasuruan City.               The spillover effect occurs in Pasuruan City, where the economy of Pasuruan City is affected by investments from Sidoarjo Regency and Surabaya City as indicated by the significance level of 0.051 Surabaya City investment and 0.048 for Sidoarjo Regency investment which means smaller and equal to 0.05.               The calculation of convergence shows that the average convergence of regencies / cities in East Java to leader regions over 15 years and 5 months means that districts / cities need an average of 15 years and 5 months to match the conditions of tourism in the city of Surabaya.

scholarly journals Effect of International Competition on Firm Productivity and Market Power

2018 ◽  
pp. 462-492
Author(s):  
Jan De Loecker ◽  
Johannes Van Biesebroeck
Keyword(s):  
Market Power ◽  
Total Factor Productivity ◽  
Productive Efficiency ◽  
International Competition ◽  
Future Research ◽  
Extensive Margin ◽  
Demand Side ◽  
Factor Productivity ◽  
Relevant Market ◽  
Potential Impact

This chapter proposes a framework to evaluate the potential impact of international competition on firm performance and highlights two points. First, it is important to consider effects on productive efficiency and market power in an integrated framework. The popular concept of (revenue) total factor productivity (TFP) combines both effects, which can lead to problems of estimation and interpretation. Second, greater international competition enlarges the relevant market and can affect both the number and the type of competitors a firm faces, as well as the nature of competition. While it is possible that firms respond by adjusting their production operations, pricing adjustments are all but guaranteed. The chapter contrasts three estimation approaches that start, respectively, from the demand side, the product extensive margin, and the production side. It concludes with a few avenues for future research.

scholarly journals Misallocation and Productivity: The Case of Vietnamese Manufacturing

2016 ◽  
Vol 33 (2) ◽  
pp. 94-118 ◽  
Author(s):  
Doan Thi Thanh Ha ◽  
Kozo Kiyota ◽  
Kenta Yamanouchi
Keyword(s):  
Size Distribution ◽  
Total Factor Productivity ◽  
Substantial Improvement ◽  
Manufacturing Firms ◽  
Viet Nam ◽  
Factor Productivity ◽  
Potential Productivity ◽  
Resource Misallocation ◽  
Productivity Gains ◽  
Actual Size

This paper attempts to measure the effect of resource misallocation on aggregate manufacturing total factor productivity, focusing on Vietnamese manufacturing firms during the period 2000–2009. One of the major findings of this paper is that there would have been substantial improvement in aggregate total factor productivity in Viet Nam in the absence of distortions. The results imply that potential productivity gains from removing distortions in Vietnamese manufacturing are large. We also find that smaller firms tend to face advantageous distortions, while larger firms tend to face disadvantageous ones. Moreover, the efficient size distribution is more dispersed than the actual size distribution. These results suggest that Viet Nam's policies may constrain its largest and most efficient producers, and coddle its smallest and least efficient ones.

scholarly journals Tariffs and Total Factor Productivity: The Case of Ghanaian Manufacturing Firms

2012 ◽  
Vol 03 (03) ◽  
pp. 275-283 ◽  
Author(s):  
Charles Ackah ◽  
Ernest Ernest Aryeetey ◽  
Oliver Morrissey
Keyword(s):  
Total Factor Productivity ◽  
Manufacturing Firms ◽  
Factor Productivity

scholarly journals The Quality of Regional Government and Firm Performance

2018 ◽  
Vol 11 (2) ◽  
pp. 27
Author(s):  
Fernanda Ricotta
Keyword(s):  
Firm Performance ◽  
Total Factor Productivity ◽  
Manufacturing Firms ◽  
External Factors ◽  
Regional Government ◽  
Factor Productivity ◽  
Regional Institutions ◽  
Institutional Differences ◽  
Cross Country

This paper examines the effect of the quality of regional government (QoG) on firm Total Factor Productivity (TFP) in a multi-country context. The analysis is based on comparable cross-country data of manufacturing firms operating in seven European countries. To disentangle internal from external productivity drivers, the multilevel approach is employed. Results show that firms&rsquo; characteristics are important but external factors also play a role. As regards the specific scope of this paper, the results provide evidence that institutional differences within countries do matter for firm performance. The attempts made to address endogeneity problems confirm the positive and significant impact of the quality of regional institutions on firm performance.

Productivity, Extent of Markets, and Manufacturing in the Late Antebellum South and Midwest

1994 ◽  
Vol 54 (3) ◽  
pp. 497-525 ◽  
Author(s):  
Viken Tchakerian
Keyword(s):  
Total Factor Productivity ◽  
Rapid Growth ◽  
Positive Association ◽  
Manufacturing Firms ◽  
Manufacturing Industries ◽  
Antebellum South ◽  
Factor Productivity ◽  
The South ◽  
Manufacturing Performance ◽  
Antebellum Period

This article uses the Bateman-Weiss samples of manufacturing firms from 1850 and 1860 to estimate the labor and total factor productivity of southern and midwestern manufacturing industries in the late antebellum period. The results indicate rapid growth in productivity, especially in the South. The article also demonstrates a positive association between measured productivity, firm size, and urbanization. Differences in manufacturing performance between the South and the Midwest are shown to be crucially dependent on the extent of markets within the two regions.

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