چکیده:
The aim of this paper is to analyze total factor productivity (TFP) growth and its components in Asian countries applying Stochastic Frontier Analysis (SFA) to the time series data of 44 Asian countries from 2000 to 2010. Using Battese and Coelli approach, TFP is divided into technical efficiency change and technical change. TFP decomposition using SFA method for the years 1998 to 2007 indicates that in 75 % of these economies, the role of technical change in productivity growth is negative. Only in 11 countries technical change had a positive role in productivity growth. The growth of TFP shows that Japan has the highest productivity growth (2.55 %) and Saudi Arabia, Korea and Hong Kong are located in subsequent positions. Furthermore, due to the lowest technical progress, newly independent countries, such as Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan have the slowest TFP growth.
خلاصه ماشینی:
"ir Abstract The aim of this paper is to analyze total factor productivity (TFP) growth and its components in Asian countries applying Stochastic Frontier Analysis (SFA) to the time series data of 44 Asian countries from 2000 to2010.
The results of this study show that after the collapse, these countries averagely have had the technical efficiency growth of positive, but the technological and total productivity of negative.
In the time-varying decay specification, according to parameterization formulated by Battese & Coelli (1992): ݑ௧ ൌ ௧ ݑ ൌ ݑ ݁ݔሺെሾݐ െ ܶሿሻ, ݐ߳߬ሺ݅ሻ (6) Where T is the last period in the ݅th panel, is the decay parameter and represents the rate of change in technical inefficiency and the non- negative random variable u୧ is the technical inefficiency effects for the i- th country in the last year for the dataset.
These include: Among the countries where productivity growth is positive both Saudi Arabia and Kuwait have achieved greater share of productivity growth through changes in technical efficiency, while technical progress in these countries compared to East Asian countries Japan, Singapore, South Korea and Hong Kong was lower.
TFP change of Asian countries economics for 10-year periods from 1998 to 2007 Access to the high growth rate of productivity is not easy and needs taking optimal use of all facilities and resources.
However, Saudi Arabia and Kuwait had most of their productivity growth for the sake of changes in technical efficiency; while the technical progress of these two countries was lower than the East Asian countries such as Japan, Singapore, South Korea and Hong Kong."