The effects of agglomeration economies on technical efficiency of manufacturing firms: evidence from Indonesia

This article examines the effects of agglomeration economies and industrial structure upon firm-level technical efficiency in the Indonesian manufacturing industry over the period 2004–2009. A stochastic production frontier and three channels of agglomeration economies consisting of specialization,...

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Main Authors: Widodo, W., Salim, Ruhul, Bloch, Harry
Format: Journal Article
Published: Routledge 2015
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/18095
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author Widodo, W.
Salim, Ruhul
Bloch, Harry
author_facet Widodo, W.
Salim, Ruhul
Bloch, Harry
author_sort Widodo, W.
building Curtin Institutional Repository
collection Online Access
description This article examines the effects of agglomeration economies and industrial structure upon firm-level technical efficiency in the Indonesian manufacturing industry over the period 2004–2009. A stochastic production frontier and three channels of agglomeration economies consisting of specialization, diversity and competition are used. The empirical results show that the effects of specialization and diversity upon firm-level technical efficiency are positive and negative, respectively, indicating that specialization is more favourable than diversity for stimulating firms’ technical efficiency. Competition has a positive sign, showing that region with high levels of competition tend to be more conducive in accelerating firm-level technical efficiency. In terms of firm location, both dummy for urban region and industrial complex turn out to be positive, indicating that firms located in both areas are experienced higher technical efficiency. Both firm size and age also have positive effect upon technical efficiency
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institution Curtin University Malaysia
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publishDate 2015
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spelling curtin-20.500.11937-180952017-09-13T13:45:15Z The effects of agglomeration economies on technical efficiency of manufacturing firms: evidence from Indonesia Widodo, W. Salim, Ruhul Bloch, Harry agglomeration economies firm-level technical efficiency stochastic frontier industrial structure This article examines the effects of agglomeration economies and industrial structure upon firm-level technical efficiency in the Indonesian manufacturing industry over the period 2004–2009. A stochastic production frontier and three channels of agglomeration economies consisting of specialization, diversity and competition are used. The empirical results show that the effects of specialization and diversity upon firm-level technical efficiency are positive and negative, respectively, indicating that specialization is more favourable than diversity for stimulating firms’ technical efficiency. Competition has a positive sign, showing that region with high levels of competition tend to be more conducive in accelerating firm-level technical efficiency. In terms of firm location, both dummy for urban region and industrial complex turn out to be positive, indicating that firms located in both areas are experienced higher technical efficiency. Both firm size and age also have positive effect upon technical efficiency 2015 Journal Article http://hdl.handle.net/20.500.11937/18095 10.1080/00036846.2015.1013614 Routledge fulltext
spellingShingle agglomeration economies
firm-level technical efficiency
stochastic frontier
industrial structure
Widodo, W.
Salim, Ruhul
Bloch, Harry
The effects of agglomeration economies on technical efficiency of manufacturing firms: evidence from Indonesia
title The effects of agglomeration economies on technical efficiency of manufacturing firms: evidence from Indonesia
title_full The effects of agglomeration economies on technical efficiency of manufacturing firms: evidence from Indonesia
title_fullStr The effects of agglomeration economies on technical efficiency of manufacturing firms: evidence from Indonesia
title_full_unstemmed The effects of agglomeration economies on technical efficiency of manufacturing firms: evidence from Indonesia
title_short The effects of agglomeration economies on technical efficiency of manufacturing firms: evidence from Indonesia
title_sort effects of agglomeration economies on technical efficiency of manufacturing firms: evidence from indonesia
topic agglomeration economies
firm-level technical efficiency
stochastic frontier
industrial structure
url http://hdl.handle.net/20.500.11937/18095