Economic liberalization and productivity growth: Further evidence from Bangladesh

The impact of economic liberalization reforms on the productive performances ofmanufacturing firms remains a contentious issue in the literature. This paper attempts tocontribute to the debate by empirically estimating productivity growth of Bangladesh foodmanufacturing using firm level data before...

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Main Author: Salim, Ruhul
Format: Journal Article
Published: Routledge 2003
Online Access:http://hdl.handle.net/20.500.11937/42965
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author Salim, Ruhul
author_facet Salim, Ruhul
author_sort Salim, Ruhul
building Curtin Institutional Repository
collection Online Access
description The impact of economic liberalization reforms on the productive performances ofmanufacturing firms remains a contentious issue in the literature. This paper attempts tocontribute to the debate by empirically estimating productivity growth of Bangladesh foodmanufacturing using firm level data before and after reform. Empirical results show that the share of output growth was accounted for by input growth in most sectors of this industry. In some sectors, the estimated rate of total factor productivity (TFP) growth is negligible or even negative. Decomposition of the TFP growth shows that technological progress plays a significant role in TFP growth across firms within the sub-sectors of this industry. Empirical results also show that the relative contribution of capacity realization to TFP growth is not substantial in inhibiting the industry?s high and sustained growth. These dismal performances indicate that the industries responded a little to the implementation of economic reforms.
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spelling curtin-20.500.11937-429652017-09-13T15:55:03Z Economic liberalization and productivity growth: Further evidence from Bangladesh Salim, Ruhul The impact of economic liberalization reforms on the productive performances ofmanufacturing firms remains a contentious issue in the literature. This paper attempts tocontribute to the debate by empirically estimating productivity growth of Bangladesh foodmanufacturing using firm level data before and after reform. Empirical results show that the share of output growth was accounted for by input growth in most sectors of this industry. In some sectors, the estimated rate of total factor productivity (TFP) growth is negligible or even negative. Decomposition of the TFP growth shows that technological progress plays a significant role in TFP growth across firms within the sub-sectors of this industry. Empirical results also show that the relative contribution of capacity realization to TFP growth is not substantial in inhibiting the industry?s high and sustained growth. These dismal performances indicate that the industries responded a little to the implementation of economic reforms. 2003 Journal Article http://hdl.handle.net/20.500.11937/42965 10.1080/1360081032000047203 Routledge restricted
spellingShingle Salim, Ruhul
Economic liberalization and productivity growth: Further evidence from Bangladesh
title Economic liberalization and productivity growth: Further evidence from Bangladesh
title_full Economic liberalization and productivity growth: Further evidence from Bangladesh
title_fullStr Economic liberalization and productivity growth: Further evidence from Bangladesh
title_full_unstemmed Economic liberalization and productivity growth: Further evidence from Bangladesh
title_short Economic liberalization and productivity growth: Further evidence from Bangladesh
title_sort economic liberalization and productivity growth: further evidence from bangladesh
url http://hdl.handle.net/20.500.11937/42965