The particulars of these studies have varied depending on the researchers specific interests, but there is a common thread. A stylised depiction of the factors shaping aggregate productivity growth. Determinants of labour productivity term paper warehouse. For example, there is no analysis of efficiency determinants in the swiss insurance market. Production function an empirical study on determinants of. Human capital the knowledge and skills workers acquire through education, training, and experience. Productivity growth is important as it is a major determinant of the growth in living standards. Moreover, the existing empirical results for switzerland are very mixed, i. The determinants of employee productivity and earnings. This paper examines the determinants of total factor productivity tfp of ukrainian firms in manufacturing and services, using microlevel data for the years 2005 and 20. Several studies have predicted the possible opportunities and threats to the indian pharmaceutical industry after the introduction of product patent regime, but few have studied efficiencyrelated issues of the indian pharmaceutical industry. Young 1995 found that the spectacular growth of singapore over the last thirty years was not due to tfp growth but rather to intensive use of inputs.
The tfp changes are decomposed into the product of technological change and technical efficiency change catchup. The determinants of productivity in chinese large and. Concepts, measurement and performance key points productivity is, put simply, how efficiently inputs are used to produce outputs in the economy. Productivity, after all, is a residual the variation in output not explained by observable inputs. Physical capital per worker the stock of equipment and structures used to produce goods and services. The determinants of total factor productivity in the eu. Finally, we present a preliminary analysis of productivity growth in the dutch business sector, based on.
Holzer 1990 uses a nationwide sample of firms to examine the determinants of labor productivity. The data include several measures of job experience, training, and both worker and firm. Determinants of total factor productivity growth in malaysia 45 variance of tfp growth appears to be associated with negative tfp growth. In this analysis of capitals role in agricultural production, a new construction of data on capital allowed mundlak, larson, and butzer to advance the crosscountry.
Mining are merged into the new sector nonmetal mining. Although much of the historical debate has centered around the individualattributes of faculty, several recent studies have begunto focus on the effect of program or organizationalfactors as powerful attributes for. Hierarchy of productivity determinants the sources of productivity are complex and interrelated and differ from country to country. This paper identifies the determinants of firm profitability and quantifies their relative importance. Determinants of labor productivity in manufacturing firms of. Determinants of productivity and profitability of indian banking sector. The most important determinants of labor productivity are. Riggs 1987 has a different perspective for productivity nowadays. Revisiting the determinants of productivity growth whats new. The quality of soil is measured by its rental value we. Determinants of labor productivity in manufacturing firms.
Inputs used in the production of the goods and services are the major determinants of any countrys productivity they are also called factors of production. In the literature, we find one among the determinants of farm productivity or total value of production, is the quality of land or the soil factor which plays an active role in increasing the total output reddy, v. In the following table, match each example to the productivity determinant it represents. What are the determinants of farmers productivity in the study area. Inputs used in the production of the goods and services are the major determinants of any countrys productivity they are also called factors of. By considering a single factor employed we calculate partial ratio productivity. List and describe four determinants of productivity.
Determinants of the agricultural productivity growth among romanian regions camelia burja1 abstract. Productivity, innovation, education, efficiency, infrastructure, institutions, growth. This study aims to analyze agricultural productivity growth among romanian regions. Determinants of productivity determinants of productivity productivity is the quantity of output formed by one unit of production input in a unit of time. The impact of agricultural productivity on welfare growth of. The data include several measures of job experience, training, and both worker and firm characteristics as well as subjective employer productivity. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Using a novel data set covering 14 banks operating in the egyptian market from 1997 to 20. Revisiting the determinants of productivity growth what. Revisiting the determinants of productivity growth the existing empirical and theoretical literature highlights several potential determinants of productivity growth among which inflation, trade openness, the level of education, and several institutional factors. Sohe new evidence ae s tract this paper uses data from a nationwide sample of firms on employee wages and characteristics to reexamine the determinants of employee productivity and earnings. Determinants of productivity improvement by ijret editor.
In this paper, we investigate the impact of agricultural productivity on household welfare growth taking explicitly into account the potential endogeneity of agricultural productivity using exogenous climate and biophysical variables as instrument variables. Pooled ordinary least square p ols, fixed effects f e and random effects. This result could be attributed to stress factors and the form of production systems. The determinants of agricultural productivity and rural. The determinants of productivity in chinese large and medium. Labour productivity at the industry level as a determinant of job. The determinants of efficiency and productivity in the. Nov 23, 2015 4 determinants of productivity physical capitalthe stock of equipment and structures that are used to produce goods and services. They have documented, virtually without exception, enormous and. The impact of agricultural productivity on welfare growth. Firm size and human capital as determinants of productivity. Report and preliminary results with evidence from linked human capital and patent data katharina froscha, dietmar harhoffbcd, karin hoislbc, christian steinleb, thomas zwickae a chair of human resource management and organisation, juliusmaximilians university wuerzburg. Determinants of research productivity among academics in kenya. Bond and combine the differenced equation with a levels equation to form a.
Dther determinants of earnings and productivity ratings e. The determinants of productivity consider a simple economy whose only industry is weaving. In this paper we assess the determinants of total factor productivity tfp growth in a group of developed european countries, during the period 200020. Human capital per worker is the knowledge and skills that workers acquire through education, training and experience. The overall determinant index has a positive relationship with the productivity growth. This study aims to undertake the evaluation and examination of the productivity change of the egyptian banking sector. In the second stage, potential determinants of productivity change are studied using a regression model. The results reveal that reforms targeted at attracting foreign direct investment and rationalizing government size, shifting.
The determinants of efficiency and productivity in the swiss. Rather than discuss the full range of determinants and the possible interrelationships between them, it is useful to think of a hierarchy in which determinants can be grouped figure 1. Productivity change of the egyptian banking sector. Pdf determinants of productivity and profitability of indian. Physical capital the stock of equipment and structures that are used to produce goods and services. Productivity is the synthetic expression of the efficiency with which production factors are being used and mattes the competitiveness of economic systems.
Justification for the study this study derives its justification from the fact that maize is the worlds most widely grown cereal, as it is grown in a range of agroecological environments. Natural resources per worker inputs into production that are provided by nature, such as land, rivers. The paper explores the determinants of productivity gap within the. This papera product of the development research groupis part of a larger effort in the group to examine the determinants of growth in agriculture. We use a nonparametric approach based on data envelopment analysis dea to investigate the productivity change in the egyptian banking sector. Determinants of productivity physical capital, human capital, natural resources, technological knowledge. Productivity the e ciency with which rms transform inputs into outputs is an. Determinants of productivity 4 this topic, it is necessary to be somewhat selective here, and we follow topics set out in leading existing overviews of related literature. The determinants of agricultural productivity and rural household income in ethiopia tessema urgessa1 abstract this paper aims at investigating the determinants of agricultural productivity and rural household income in ethiopia. The study was funded by the banks research support budget under the research project determinants of agricultural growth rpo 67903. The role of information and communication technology ict in the us productivity acceleration of the 1990s has been often documented in productivity growth accounting frameworks, but there are fewer crosscountry comparisons of productivity determinants emphasizing the role of ict.
Green total factor productivity growth and its determinants. Labor productivity is the rate of output per worker within a specified unit of time. Pdf determinants of research productivity among academics. Jun 25, 2010 naturally then, productivity is the focus of a great deal of government and corporate policy. As research expenditures have risen and assources of research funding have changed, an increasedemphasis on research performance has developed in u.
Early research has examined the determinants of labor productivity. Using a panel of large australian firms for the period 1995 to 2005, the analysis estimates a dynamic profit model that, unlike most existing research, directly includes measures of productivity and productivity persistence. An empirical analysis of the determinants of total factor. Determinants of the productivity change for the banking. September 1997 capital is important to agricultural production, so policies that improve access to agricultural capital will facilitate growth, if the capital is used efficiently. This paper studies the main determinants of total factor productivity tfp growth using principal component analysis and a dynamic panel data model and, through a case study, explores key areas where accelerated reforms in the maghreb countries would boost tfp gains. High productivity means lower per unit cost and, therefore, ability of the firm to match prices on the global markets. Insights from sectoral data and common dynamic processes by agnieszka gehringer a, inmaculada martinezzarzoso a,b flicitas nowaklehmann danziger a abstract this paper examines the development of total factor productivity tfp and the drivers of tfp for a. Economists and statisticians track labor productivity to determine the relative strength of an economy. Natural resources inputs into production that are provided by nature, such as land, rivers, and mineral deposits. In this industry, productivitythe amount of goods and services a worker can produce per houris measured by the number of garments one weaver makes per hour. Determinants of total factor productivity the solow model identi ed technological progress or improvements in total factor productivity tfp as the key determinant of growth in the long run, but did not provide any explanation of what determines it. Add references at citec citations view citations in econpapers 10 track citations by rss feed.
Finally, we present a preliminary analysis of productivity growth in the dutch business sector, based on industry data from the dutch growth accounts. The very conceptual definition of productivity makes reference to the notion of the mean productivity factor, i. Growth in productivity is the key determinant of growth in living standards. In an era of globalized competition, productivity has become a crucial factor determining profitability, competitiveness and the growth of a firm. Select multiple pdf files and merge them in seconds.
This paper provides an indepth analysis of the efficiency and productivity development in switzerland during this period of major changes. Productivity, the efficiency with which this conversion occurs, has been a topic of particular interest. In view of the above, we combine the numbers of assassinations, coups, and. Pdf determinants of productivity of ukrainian firms.
Those studies reported that firms with low efficiency and productivity. In this regard, starting from the existing literature, we considered as determinants of tfp, knowledge and technology, infrastructure development. Inputoriented malmquist indices of productivity change are estimated with dea to measure total factor productivity tfp change. A full, detailed and widely accepted answer to this critical question still eludes the economic profession. Labor studies this paper uses data from a nationwide sample of firms on employee wages and characteristics to reexamine the determinants of employee productivity and earnings.
Knowledge work is characterized by the use of information, by unique work situations, and by creativity and autonomy. The determinants of agricultural productivity and rural household. Merging the two aforementioned approaches, some authors recognized the. Labour productivity is the measure of singlefactor productivity that reflects output units produced per unit of a specific input syverson, 2010. Bertrand and schoar 2003, bloom and van reenen 2007, bloom et al. In addition to these traditional factors, we also include other. Definition, importance and determinants of productivity.
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