It also provides insight into the determination of the optimal skill and experience mix for the armed forces. 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. Pdf determinants of labor productivity in mena countries. Industrial growth is imperative for socioeconomic development of a state. The analysis follows the twostage methodology, the first of which is devoted to obtaining productivity estimates, and the second stage is devoted to analyzing these estimates. 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. This paper explores the main determinants of productivity growth. Labour productivity is s also considered as the value that is added by an employee, in an. In economics, totalfactor productivity tfp, also called multifactor productivity, is usually. Pdf this paper studies the main determinants of total factor productivity tfp growth. Determinants of work productivity in laboratory of.
Total factor productivity determinants in developed european countries bogdan florin filip alexandru ioan cuza university of iasi, faculty of economics and business administration iasi, romania bogdan. 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. Economists and statisticians track labor productivity to determine the relative strength of an economy. In this industry, productivity the amount of goods and services a worker can produce per houris measured by the number of garments one weaver makes per hour.
The determinants of productivity 2 the determinants of. Productivity may also be considered in terms of labour or employee productivity, capital productivity, among other factor inputs oecd, 2001. Determinants of fertilizer use among smallholder food crop farmers in ondo state, nigeria. The determinants of structural transformation in asia. Inputs used in the production of the goods and services are the major determinants of any countrys productivity they are also called. Economic recovery and the determinants of productivity and. Revisiting the determinants of productivity growth international. Land and water related factors such as farmwater course location, quality of land, sources of water, quality and quantity of water and timing of water application, etc. Prepared by boileau loko and mame astou diouf 1 authorized for distribution by joel toujasbernate october 2009 abstract this working paper should not be reported as representing the views of the imf. 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. Determinants of labor productivity in manufacturing firms of.
High productivity means lower per unit cost and, therefore, ability of the firm to match prices on the global markets. This paper scrutinizes the role of various determinants compensation, human capital, oil rent, trade, financial development, innovation, and industrialization in labour productivity in the. Determinants of labor productivity in manufacturing firms. Bertrand and schoar 2003, bloom and van reenen 2007, bloom et al. Thus, to understand why certain economies are more productive than others, we have to understand how productivity is determined. Recall that capital and labor are inputs or factors of production. According to hussain and perera, 2004 these factors include. Innovation, education, efficiency, infrastructure, and institutions young eun kim norman v. Productivity, the efficiency with which this conversion occurs, has been a topic of particular interest. Agriculture is a fundamental instrument for sustainable development, poverty alleviation and enhanced food security in developing countries. Agricultural productivity change is explained by many factors. In this article time series on labour productivity in the manufacturing sector are the starting point of the analysis. It generates productive jobs, leads to capital accumulation, technological innovations and stirs up economic growth. Labour productivity plays the most important role within partial productivity because production, incomes and the quality of life of the rural population depend on it.
Pdf revisiting the determinants of productivity growth. Empirical evidence from the largest global banks antonio iacobelli abstract this paper examines the factors determining the profitability of the top sixteen global banks according to market capitalization. Bak report 2006 1 determinants of productivity growth. All copies must be provided free of charge and must include this.
The study was funded by the banks research support budget under the research project determinants of agricultural growth rpo 67903. 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. Using panel data spanning the period 1980 to 2015, this study. The results reveal that reforms targeted at attracting foreign direct investment and. Annual data covering the period between 1980 and 2014 were used. Productivity was measured as the total factor productivity tfp obtained from fixed and random effects models. The determinants of labor productivity in jordan during.
This study analyzed the macroeconomic and institutional determinants of total factor productivity tfp in the mint mexico, indonesia, nigeria, and turkey countries during the period 19802014. The determinants of tfp including size and age, share of state and foreign ownership, export, accessibility to internet and bank loan. Determinants of the agricultural productivity growth among romanian regions camelia burja1 abstract. But ignoring the human resource can prove to be disastrous. The determinants of productivity 2 the determinants. In these notes, we discuss one interpretation of what is meant by. The relationship between personnel productivity and each of these determinants is important because it. Project muse determinants of productivity across countries. This is the background paper for the productivity extension of the world banks longterm growth model ltgm. Total factor productivity growth and its determinants in. This paper uses data from a nationwide sample of firms on employee wages and characteristics to reexamine the determinants of employee productivity and earnings. Productivity of an organization increases when there is an increase in output with a lesser increase in inputs, or when equal output is realized with a lesser input ilo, 2005. The determinants of productivity in chinese large and medium. The determinants of productivity consider a simple economy whose only industry is printing.
Determinants of agricultural productivity agriculture agricultural productivity change is explained by many factors. Nov 20, 2018 labor productivity is the rate of output per worker within a specified unit of time. This study was designed to assess determinants of private clinics productivity, and to compare city and county clinics in south korea. The data include several measures of job experience, training, and both worker and firm characteristics as well as subjective employer. Determinants of labour productivity term paper warehouse. This paper highlights the impact of political and economic factors on industrial growth using data from 1990 to 2015 for four south asian countries. Elham mohammad mustafa alhaj yousef, the determinants of labor productivity in jordan during the period 19802017, international journal of business and economics research. Pdf determinants of industrial growth in south asia.
Determinants of total factor productivity in mexico. Determinants of total factor productivity growth in malaysia. Determinants of productivity determinants of productivity productivity is the quantity of output formed by one unit of production input in a unit of time. 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.
Thats why some countries have a much higher standard of living than others. Pdf total factor productivity determinants on asean free. The data include several measures of job experience. Land and water related factors such as farmwater course location, quality of land, sources of water, quality and quantity of water and timing of water application. This paper studies the main determinants of total factor productivity tfp growth using. While other contributing factors include labor inputs, human capital, and physical capital. Because of that, there has been an increasing interest recently in the literature on factors affecting productivity. Revisiting the determinants of productivity growth. To analyse the determinants of total factor productivity, the data on government expenditure on research and education, extension and farmers training, rural literacy, canal irrigation, rainfall and fertiliser consumption have been compiled from published. Chad syverson economists have shown that large and persistent differences in productivity levels across businesses are ubiquitous.
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. We define a framework where the relative magnitudes of alternative, but not exclusive, sources of technical change are simultaneously estimated. Based on the research done by world bank 1993, the situation where the contribution of tfp growth less than 30 per cent of gross domestic products gdp growth is considered. Over several panels of countries, this article studies the determinants of per employee productivity first in growth rate, using the generalised method of moments and focusing on the role of ict, then in level, using more structural determinants. Nov 23, 2015 4 determinants of productivity physical capitalthe stock of equipment and structures that are used to produce goods and services. Using a growth accounting framework cobbdouglas production function we try to assess to what extent increases in labour productivity are due to rises of total factor productivity or to a growth of capital intensity. Pooled ordinary least square p ols, fixed effects f e and random effects. Economies free fulltext total factor productivity of. The determinants of productivity in chinese large and. Pdf determinants of productivity of ukrainian firms. The paper classifies productivity determinants into four types, namely economic factors. The determinants of productivity in chinese large and mediumsized industrial.
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. Of these, education, health, infrastructure, imports, institutions, openness, competition, financial development, geographical predicaments and absorptive capacity including capital intensity appear to be the most important. The determinants of labor productivity in jordan during the. This article is published with open access at abstract using a large. We analyzed the revenue and patient data from all 9,212 private clinics in south korea.
In case, lack of attention to the other factors those are nonliving may result in reduction of profitability to some extent. Determinants of work productivity in laboratory of regional. Labour productivity is the measure of singlefactor productivity that reflects output units produced per unit of a specific input syverson, 2010. This data was obtained from the korean national health insurance corporation, during the period between 1996 and 1999. Following solows 2001 recent advice, this paper takes productivity as the lefthandside variable and offers a crosscountry analysis of its determinants. 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. Total factor productivity determinants on asean free trade area. 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. In this paper we assess the determinants of total factor productivity tfp growth in a group of. In a country where human resource is abundant, it is a pity that they remain under.
Ricardo in his study in 1817, notes that trade facilitates products output with a. A stylised depiction of the factors shaping aggregate productivity growth. If regional economies are open, migration of labour and free capital flow can. 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. Revisiting the determinants of productivity growth imf. This finding has shaped research agendas in a number of fields, including but not limited to macroeconomics, industrial organization.
Four determinants of productivity in economics quickonomics. Finally, we present a preliminary analysis of productivity growth in the dutch business sector, based on industry data from the dutch growth accounts. In an era of globalized competition, productivity has become a crucial factor determining profitability, competitiveness and the growth of a firm. The determinants of tfp including size and age, share of state and foreign ownership, export, accessibility to internet and bank loan of firms, controlled for year fixed effects, were analyzed. Economic productivity is a crucial determinant of living standards. Productivity the e ciency with which rms transform inputs into outputs is an. Labor productivity is the rate of output per worker within a specified unit of time.
This papera product of the development research groupis part of a larger effort in the group to examine the determinants of growth in agriculture. In this industry, productivitythe amount of goods and services a worker can produce per houris measured by the number of documents one worker prints per hour. Dec 31, 2005 this study was designed to assess determinants of private clinics productivity, and to compare city and county clinics in south korea. 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. However, there are also some other indirect factors, which affect the causal relationship between exports and economic growth. Productivity is the synthetic expression of the efficiency with which production factors are being used and mattes the competitiveness of economic systems. The determinants of agricultural productivity and rural. As research expenditures have risen and assources of research funding have changed, an increasedemphasis on research performance has developed in u. The determinants of employee productivity and earnings. The analysis is performed using spanish firmlevel data. Primary data were taken by distributing questionnaires of selfprotection x1, infectious materials handling x2, employee health x3, and work productivity y. Determinants of total factor productivity growth in malaysia 43 this paper attempts to analyse the total factor productivity growth rate of malaysia during 1971 2004. The results reveal that reforms targeted at attracting foreign direct investment and rationalizing government size, shifting. The tertiary education can have growth enhancing externalities through the better ability to use and master technology.
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