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TOTAL FACTOR PRODUCTIVITY - TFP (2) answer(s).
 
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ID:   133188


Effects of knowledge capital on total factor productivity in Ch: a spatial econometric perspective / Scherngell, Thomas; Borowiecki, Martin; Hu, Yuanjia   Journal Article
Scherngell, Thomas Journal Article
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Publication 2014.
Summary/Abstract The transformation of China into a Knowledge Based Economy is one of the most intensively debated research issues in Economic Geography. The focus of this study is on effects of knowledge capital on manufacturing total factor productivity (TFP) in China through the lens of the regional knowledge capital model (KCM). The objective is to estimate the impact of region-internal and region-external knowledge capital - measured in terms of patents granted by the Chinese patent office - on TFP across Chinese regions. We derive a Spatial Durbin Model (SDM) for empirical testing, using panel data on 29 Chinese regions for the years 1988-2007. The results indeed point to a shift of Chinese productivity growth to a more knowledge based one, statistically confirming the impact of knowledge capital on regional TFP after 1998. Furthermore, this shift is not only based on region-internal knowledge capital, but also on inter-regional knowledge spillovers.
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2
ID:   132577


Productivity, efficiency and privatization in the Malaysian wat / Hon, Lee Yoong; Boon, Tan Hui; Lee, Cassey   Journal Article
Lee, Cassey Journal Article
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Publication 2014.
Summary/Abstract Total Factor Productivity - TFP Water Sector - Malaysia Data Envelopment Analysis - DEA Technological Improvements Optimal Performance Capital Investment Social Reforms Social Welfares Economic Policy Malaysia Resource Utilization Tariff Rates Economic Liberalization This paper analyses efficiency within the Malaysian water sector using the Data Envelopment Analysis (DEA) approach and the Malmquist Total Factor Productivity (TFP) Index. The results of the DEA show that the sector's mean technical efficiency was about 65 per cent over a ten-year period (1999 to 2008), which means that there is significant room for improvement in the area of resource utilization, whereby the sector can expand by 35 per cent whilst continuing to use the same amount of resources. The findings also indicate that Pulau Pinang state has the most efficient utilization of water and can therefore serve as a benchmark for optimal performance. The TFP analysis shows that the sector lags behind in the area of technological improvements, confirming an ongoing problem of inadequate capital investment. The findings indicate a positive relationship between efficiency and profitability and a negative relationship between efficiency and tariff rates. The relationship between privatization and efficiency, however, cannot be ascertained solely from the findings of this paper.
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