Openness in trade and total factor productivity growth in East Asia
This thesis is submitted in partial fulfillment of the requirements for the degree of Master of Science in Applied Economics, 2010.
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10361-179472023-03-22T05:07:41Z Openness in trade and total factor productivity growth in East Asia Sultana, Zakia Munshi, Dr. Farzana Department of Economics and Social Sciences, Brac University Trade Productivity growth East Asia Economic development--East Asia. This thesis is submitted in partial fulfillment of the requirements for the degree of Master of Science in Applied Economics, 2010. Cataloged from PDF version of thesis. Includes bibliographical references (pages 55-56). This paper attempts to analyze the factors that influence the total factor productivity (TFP) growth rate for six East Asian countries over 1980-2007. Data envelop analysis (DEA) approach is used to estimate the changes in the production frontier in first stage. The Malmquist productivity index has decomposed total factor productivity into technological change (TECHCH) and technical efficiency change (EFFCH). Empirical results suggest that TFP growth for the entire sample periods have not been encouraging due to unsatisfactory contribution from technological changes. The results reveal that the economies were able to cause shifts in their own frontier due to innovation. In the second stage the paper analyzes the factors responsible for the surge in total factor productivity experienced by the sample countries. Based on a panel regression with random effects of the six countries over the time period 1980-2007, the number of technical and journal articles was the only variable that had a positive impact on TFP growth and efficiency growth. On the contrary, trade openness and foreign direct investment were seen to be inconsequent as determinants of TFP growth and its components. This highlights the fact that internal technological improvements as opposed to foreign capital and technologies were the main determinants of TFP growth and improvements in efficiency. Zakia Sultana M. in Applied Economics 2023-03-09T03:52:14Z 2023-03-09T03:52:14Z 2010 2010-09-22 Thesis ID: 09175002 http://hdl.handle.net/10361/17947 en Brac University theses are protected by copyright. This may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 56 pages application/pdf Brac University |
institution |
Brac University |
collection |
Institutional Repository |
language |
English |
topic |
Trade Productivity growth East Asia Economic development--East Asia. |
spellingShingle |
Trade Productivity growth East Asia Economic development--East Asia. Sultana, Zakia Openness in trade and total factor productivity growth in East Asia |
description |
This thesis is submitted in partial fulfillment of the requirements for the degree of Master of Science in Applied Economics, 2010. |
author2 |
Munshi, Dr. Farzana |
author_facet |
Munshi, Dr. Farzana Sultana, Zakia |
format |
Thesis |
author |
Sultana, Zakia |
author_sort |
Sultana, Zakia |
title |
Openness in trade and total factor productivity growth in East Asia |
title_short |
Openness in trade and total factor productivity growth in East Asia |
title_full |
Openness in trade and total factor productivity growth in East Asia |
title_fullStr |
Openness in trade and total factor productivity growth in East Asia |
title_full_unstemmed |
Openness in trade and total factor productivity growth in East Asia |
title_sort |
openness in trade and total factor productivity growth in east asia |
publisher |
Brac University |
publishDate |
2023 |
url |
http://hdl.handle.net/10361/17947 |
work_keys_str_mv |
AT sultanazakia opennessintradeandtotalfactorproductivitygrowthineastasia |
_version_ |
1814308149864169472 |