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1 |
ID:
067280
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2 |
ID:
160544
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Summary/Abstract |
This study examines the patterns of structural change in economic development by drawing insights from the case of Vietnam. Empirical evidence from literature indicates that developing countries are likely to gain from structural transformation to boost the growth of labour productivity. While most East Asian countries have enjoyed significant structural transformation bonus, many African and Latin American economies, often endowed with rich natural resources, have benefited negligibly from this process. Vietnam, in particular, has gained substantially from its growth promoting structural transformation, contributing to nearly half of overall labour productivity improvement between 1990 and 2013. This structural change effect was modest in 1990–2000, strongest in 2000–07, and declining (but still significant) in 2007–13. The process has been associated with rapid expansion of the manufacturing and service sectors, change in export composition towards higher share of medium-and high-tech manufactures, and integration into global value chains. The expected slowdown in structural change suggests that the country would have to rely more on within-sector productivity improvement to enhance growth.
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3 |
ID:
125711
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Publication |
2013.
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Summary/Abstract |
This study examines the total factor productivity (TFP) growth of the Malaysian electricity generation industry over the 1998 to 2005 period. The stochastic frontier analysis (SFA) approach is used to measure TFP change and decompose TFP growth into efficiency change and technical progress. We find that it achieved average annual TFP growth of 2.34%, with technical change contributing the most to the TFP growth over the eight year period. We hence hypothesise that the new power plants with their newer capital-embodied technologies commencing during the sample period are likely to be the main reason for this strong technical change. In addition, it is also noted that this estimate for the Malaysian electricity generation industry is larger than the estimate obtained for the electricity sector as a whole, where we obtain 1.34% per year for a comparable period.
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4 |
ID:
138103
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Summary/Abstract |
The present paper studies the sources of economic growth and the nature of structural change in the Chinese economy from 1987 to 2008. Using a methodology that evaluates the contribution of an industry to economic growth, the present paper shows that the post-2000 subperiod marked an increased reliance on the services sector as a source of growth in the Chinese economy. Much of the acceleration in real GDP or aggregate labor productivity growth in China in the post-2000 subperiod compared to the pre-2000 period can be traced to an increased contribution from service-producing and high-technology exporting manufacturing industries. The evidence indicates that the Chinese economy has been rebalancing toward domestic consumption and shifting its export sector toward high-technology manufacturing industries.
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5 |
ID:
088985
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Publication |
2009.
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Summary/Abstract |
Deregulation of Japanese electric power industry began in 1995. After the amendment of Electricity Utility Industry Law in 1995, competition was partially introduced in a generation sector and retail competition started from 2000. Eligibility to choose suppliers was gradually extended from larger to smaller customers. As of 2008, almost all customers except households can choose their electricity suppliers. Based upon both previous implementation result of competition policy and review on their achievement, Japanese government will begin new policy debate in 2013 to assess further retail competition which includes household customers. To prepare for policy suggestion on the future electric power industry, this study examines the cost structure of Japanese electricity distribution. For the purpose, we estimate a multi-product translog cost function of Japanese electricity distribution from 1983 to 2003. Using the estimated cost function, we calculate several economic measures such as productivity growth, technical change and economies of scale and scope. The empirical results of this study indicate the improvement in productivity growth after deregulation.
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6 |
ID:
087871
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Publication |
New Delhi, Allied Publishers Private Limited, 1985.
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Description |
xvi, 206p.
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Standard Number |
8170230624
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Copies: C:1/I:0,R:0,Q:0
Circulation
Accession# | Call# | Current Location | Status | Policy | Location |
027132 | 338.954/GOL 027132 | Main | Withdrawn | General | |
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7 |
ID:
168508
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Summary/Abstract |
Over the years, researches have witnessed incongruence nature and direction of relationship among product market competition and firm size with the growth of firms’ productivity across the globe. Considering these gaps, this study aims to establish both short- and long-run relationships among these three characteristics of Indian manufacturing firms and intends to find their directions of causalities. This study uses firm-level data over a period of 1998–1999 to 2012–2013. Using Panel ARDL-PMG method, the results reveal the existence of a long-run association among product market competition, firm size and productivity growth for the full sample and for subsamples, categorizing relatively efficient and inefficient firms, and innovative and non-innovative firms. From the panel VECM Granger causality test, it has been observed that there is the long-run feedback relationship among these three variables. The empirical evidence suggests that as the intensity of competition becomes stronger and the firm-specific capabilities expand, they impart improved productivity via within and between firm effects. This draws some major implications for policymakers to embrace more competitive prone policies along with encouragement to firm specificities to realise value-added productivity.
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8 |
ID:
103915
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Publication |
2011.
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Summary/Abstract |
China's industry has experienced robust growth under persistent structural reform since 1978. By estimating the stochastic frontier sectoral production function, we find that the TFP growth has exceeded the quantitative growth of inputs since 1992, but the contribution of productivity to output growth declines after 2001. Using a decomposition technique, we then find that the structural change has contributed to TFP and output growth substantially but also decreasingly over time. Empirical analysis reveals that the reforms in factor markets and industrial structure significantly account for the overall trend and the sectoral heterogeneity of factor allocative efficiency during the industrial transformation process.
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9 |
ID:
167876
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Summary/Abstract |
This paper examines the development of Vietnam's services sector in terms of economic liberalization and global value chain (GVC) activities. In particular, the analysis focuses on the growth of e-commerce services. The study uses domestic Input-Output tables and the TiVA database to identify backward and forward linkages between the country's services and manufacturing sectors. Apart from mapping e-commerce activities, the paper also makes key policy recommendations to improve service linkages and GVC activities in Vietnam.
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