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This article examines the productivity performance of Australia's manufacturing sector by decomposing its output growth into input growth, technological progress and gains in technical efficiency. This three-way decomposition is done with an improved version of the stochastic frontier model...
Persistent link: https://www.econbiz.de/10009189288
To date, the concept, measurement and interpretation of total factor productivity (TFP) growth remains highly discussed but poorly understood. This paper attempts to provide a review of these issues. First, the definition of TFP growth and the related concepts of embodied and disembodied...
Persistent link: https://www.econbiz.de/10005496074
Increasing integration of the Asian Tigers with the world economy through trade has exposed their income and trade to greater uncertainty and volatility. This paper models uncertainty in trade and income and re-examines the stability of the trade-growth nexus for Japan and the Asian Tigers in a...
Persistent link: https://www.econbiz.de/10005445307
As services are an important engine of growth for Singapore, this paper attempts to empirically investigate the sources of output growth in this sector to shed light on the debate sparked off by Krugman (1994) on the miraculous or mythical growth of Singapore and the other newly industralizing...
Persistent link: https://www.econbiz.de/10005382252
This paper revisits the highly debated export-led growth hypothesis in a number of different ways using Singapore as a case study. First, the hypothesis is tested in terms of labor and total factor productivity growth and this provides a means of transmission via which exports can affect or be...
Persistent link: https://www.econbiz.de/10011213095
In this paper, we consider an extension of the commonly used poverty gap measure that may be used to address he question of whether the elimination of poverty is a feasible objective, given sufficient political commitment. The resources potentially available to address poverty may be measured by...
Persistent link: https://www.econbiz.de/10010910955
M<sc>ahadevan</sc> R. and S<sc>uardi</sc> S. Regional differences pose challenges for food security policy: a case study of India, <italic>Regional Studies</italic>. This paper examines factors affecting the calorie gap by considering the risk of calorie inadequacy or excess at the tails of food intakes. Non-linear estimations...
Persistent link: https://www.econbiz.de/10010976953
This paper uses a dynamic computable general equilibrium model to compare the macroeconomic and sectoral impacts of three environmental policies in Australia — an emissions trading scheme (ETS), an ETS combined with technological innovation in the renewable energy sector and a fuel tax as an...
Persistent link: https://www.econbiz.de/10011039548