Sources of productivity gains from FDI in Indonesia: is it efficiency improvement or technological progress?

This article investigates the spillover effects of foreign direct investment (FDI) on productivity growth in the Indonesian food-processing (ISIC 311) and electrical machinery industries (ISIC 383). Total factor productivity (TFP) growth is decomposedinto efficiency change and technological change b...

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Main Authors: Suyanto, Suyanto, Salim, Ruhul
Format: Journal Article
Published: Institute of Economics Research 2010
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/28366
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author Suyanto, Suyanto
Salim, Ruhul
author_facet Suyanto, Suyanto
Salim, Ruhul
author_sort Suyanto, Suyanto
building Curtin Institutional Repository
collection Online Access
description This article investigates the spillover effects of foreign direct investment (FDI) on productivity growth in the Indonesian food-processing (ISIC 311) and electrical machinery industries (ISIC 383). Total factor productivity (TFP) growth is decomposedinto efficiency change and technological change by using the Malmquist productivity index. The empirical results show that efficiency improvement is the major driver of TFP growth in the food-processing industry, whereas technological progress is the dominant contributor in the electrical machinery industry. There are positive spillovers on efficiency change but negative spillovers on technological change in the food-processing industry. However, FDI spillovers turn out to be negative in efficiency change while positive in technological progress in the electrical machinery industry.These findings demonstrate that different industries experience different sources of productivity gains, which are dependent on the characteristics of firms in the industry.
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publishDate 2010
publisher Institute of Economics Research
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spelling curtin-20.500.11937-283662023-02-22T06:24:18Z Sources of productivity gains from FDI in Indonesia: is it efficiency improvement or technological progress? Suyanto, Suyanto Salim, Ruhul FDI TFP growth Efficiency change Technological change This article investigates the spillover effects of foreign direct investment (FDI) on productivity growth in the Indonesian food-processing (ISIC 311) and electrical machinery industries (ISIC 383). Total factor productivity (TFP) growth is decomposedinto efficiency change and technological change by using the Malmquist productivity index. The empirical results show that efficiency improvement is the major driver of TFP growth in the food-processing industry, whereas technological progress is the dominant contributor in the electrical machinery industry. There are positive spillovers on efficiency change but negative spillovers on technological change in the food-processing industry. However, FDI spillovers turn out to be negative in efficiency change while positive in technological progress in the electrical machinery industry.These findings demonstrate that different industries experience different sources of productivity gains, which are dependent on the characteristics of firms in the industry. 2010 Journal Article http://hdl.handle.net/20.500.11937/28366 10.1111/j.1746-1049.2010.00115.x Institute of Economics Research unknown
spellingShingle FDI
TFP growth
Efficiency change
Technological change
Suyanto, Suyanto
Salim, Ruhul
Sources of productivity gains from FDI in Indonesia: is it efficiency improvement or technological progress?
title Sources of productivity gains from FDI in Indonesia: is it efficiency improvement or technological progress?
title_full Sources of productivity gains from FDI in Indonesia: is it efficiency improvement or technological progress?
title_fullStr Sources of productivity gains from FDI in Indonesia: is it efficiency improvement or technological progress?
title_full_unstemmed Sources of productivity gains from FDI in Indonesia: is it efficiency improvement or technological progress?
title_short Sources of productivity gains from FDI in Indonesia: is it efficiency improvement or technological progress?
title_sort sources of productivity gains from fdi in indonesia: is it efficiency improvement or technological progress?
topic FDI
TFP growth
Efficiency change
Technological change
url http://hdl.handle.net/20.500.11937/28366