Productivity and Economic Growth in Selected Developing Countries
Subject Areas : Business Management
Parviz Mohamadzadeh
1
(Faculty Member (Assistant Professor) Tabriz University, Faculty of Economics, Management and Commerce, Tabriz-Iran)
hossein Akbare fard
2
(Faculty Member (Assistant Professor) Shahid Bahonar University of Kerman, Kerman-Iran)
Akram Akbari
3
(Master of Science in Tabriz University - Economic Development and Planning)
Somaye Atapour
4
(Master of Science in Tabriz University - Economic Development and Planning)
Keywords: DEA, Malmquist Index, Economic Growth, Total factors productivity,
Abstract :
The present article tries to measure and analyze the productivity of the selected developing countries during 1998-2007 through the use of data envelopment analysis method and Malmquist index, and then to examine the relationship between productivity and economic growth in the countries with high productivity growth. The results obtained from the study show that 17 countries have the efficiency rate under 0.9, and that from the viewpoint of technical efficiency, only Kuwait is placed on the boundary function of production. Also, from the viewpoint of management efficiency, countries such as Azerbaijan, Bulgaria, Georgia, Kazakhstan, Kuwait, Kyrgyz Republic, Lithuania, Mongolia, Ukraine, and Tunisia have the highest rate of efficiency.
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Mojmir, H & jiri, H (2009), ((Analysis of total factor productivity contribution to economic growth of the Czech republic)), Politic a Economic, vol. 57, no. 6, pp. 740-753
Prescott, E (1998), ((A theory of total factor productivity)), International Economic Review, vol. 39, no. 1, pp. 525-552
Solow, R (1957), ((Technical change and the aggregate production function)), Review of Economics and Statistics, vol. 39, no. 32, pp.65-94.
Salvatore, Dominick (2008), ((Growth, productivity and compensation in the US and in the G-7 countries)), Journal of Policy Modeling, vol. 30, no. 1, pp. 627-631
_||_Ascari, G & Di cosmo.V (2004),”Determination of total factor productivity in Italian regions”, Universita Degli Studi Cli Pavia, available in: http://economia.unipu.it
Afriat, S.N (1972), ((Efficiency Estimation of Production)), International Economic Review, no.13
Banker, R, Charnes, A & Cooper, W (1984), ((Some models for estimating technical and scale efficiencies in data envelopment analysis)), Management Science, vol. 30, no.2, pp.123-134
Charnes, A, Cooper, W & Rhodes, E (1978), ((Measuring the efficiency of decision making unit)), European Journal of Operation Research, vol. 2, pp. 429-444
Central Bank of the Islamic Republic of Iran. (2009). Productivity of Labor, Capital and Total Factors of Production, (In Persian).
Coelli, T (1996), ((A guide to DEAP version 2.1: a data envelopment analysis (computer) program)), Centre for Efficiency and Productivity Analysis, University of New England, Australia
Farrell, M.J (1957), ((The measurement of productive)), Journal of Royal Statistical Society, vol. 12, no. 3, pp. 253-281.
Fischer, Stanley (1993),((The role of macroeconomic factors in growth)),Working paper,Available in:http://www.valuefronteira. com
Hendricks, L (2002), ((Cross-country income differences: technology gaps or human capital gaps? Evidence from immigrant earning)), American Economic Review, vol. 92, no. 3, pp. 198-219
Hall, R & Jones, C (1999), ((Why do some countries produce so much more output per worker than others?)), Quarterly Journal of Economics, vol. 114, no. 1, pp. 83-116
Han, G, Kalirajan, K & Singh, N (2004), (( Productivity, efficiency and economic growth: East Asia and the rest of the world)), Journal of developing areas, vol. 37, no. 2, pp. 99-118
Halkos, G.E & Tzeremes, N.G (2009), ((Economic efficiency and growth in the EU enlargement)), Journal of Policy Modeling, vol.31, no.3, pp.847-862
Heston, A, summers, R & Aten, B (2002), ((Penn world table version 7,3:an expanded set of international comparison)),1950-1988, Quarterly Journal of Economics, vol.106, pp. 327-368
Imami Meybodi, A. (2000). Principles of Measuring Productivity and Productivity. Tehran: Institute for Business Studies and Research, (In Persian).
Kim, Sangho, Park, Donghyn& Ho Park, Jong (2010), ((Productivity growth across the world)), Working paper, available in: http://www.adb.org
Mojmir, H & jiri, H (2009), ((Analysis of total factor productivity contribution to economic growth of the Czech republic)), Politic a Economic, vol. 57, no. 6, pp. 740-753
Prescott, E (1998), ((A theory of total factor productivity)), International Economic Review, vol. 39, no. 1, pp. 525-552
Solow, R (1957), ((Technical change and the aggregate production function)), Review of Economics and Statistics, vol. 39, no. 32, pp.65-94.
Salvatore, Dominick (2008), ((Growth, productivity and compensation in the US and in the G-7 countries)), Journal of Policy Modeling, vol. 30, no. 1, pp. 627-631
