| Description |
1 online resource (1 volume) |
| Series |
Routledge revivals |
| Contents |
Cover; Half Title; Title Page; Copyright Page; Contents; Dedication; List of Figures; List of Tables; Foreword; Preface; List of Abbreviations; 1 Introduction; The Setting; Issues and Questions; Chapter Outline; 2 Policy Regimes and Development Experiences in Bangladesh; Introduction; Bangladesh Economy Pre-reform Era (1973-82); Policies that Affected Industrialization in the 1970s; Economic Policy Reforms in the 1980s and the Bangladesh Economy; Conclusion; 3 Productive Performance Measures: Total Factor Productivity (TFP) Growth and Productive Capacity Realization; Introduction |
|
Total Factor Productivity Growth: Theories and MethodologiesProductive Capacity Realization: Theories and Methodologies; Frontier Production Function and Productivity Measures; Conclusion; Appendix; 4 Suggested Measures of Productive Capacity Realization and Productivity Growth; Introduction; Measurement of Productive Performances: The Random Coefficient Production Frontier Approach; Estimation Procedures for the Coefficients and Covariances; Measuring Firm-Specific PCR; Measuring the Sources of Output Growth; Conclusion |
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5 Measuring Productive Capacity Realization in Selected Manufacturing IndustriesIntroduction; Structure and Performance of Selected Industries; Model Specification and Estimation; Data Sources and Variables Construction; Results and Interpretation; Measurement of Capacity Realization; Conclusion; Appendix; 6 Sources of Output Growth: Empirical Estimation and Interpretation of Results; Introduction; Sources of Growth Analysis; Some Comparative Analysis; Decomposition of TFP Growth; Biases in Technological Progress; Summary and Conclusions |
|
7 Determinants of Capacity Realization: An Empirical AnalysisIntroduction; Determinants of Capacity Realization: Theory and Evidence; Analytical Model; Empirical Results and Interpretation; Summary and Conclusions; Appendix; 8 Conclusions and Policy Implications; Major Findings; Policy Implications; Limitations and the Focus of Further Study; Bibliography; Index |
| Summary |
First published in 1999. Firms in manufacturing industries are influenced by the market-oriented liberalization reform policies in many developing countries since the late eighties. However, studies applying appropriate methodology to appropriate data seldom analyze the impact of reforms on the performance of production units such as manufacturing firms. The central point of this book is to address this issue by comparing firms' achievement with 'best practice' performance before and after reforms. This form of analysis is not new but it emphasizes a new focus or realignment of thinking within neoclassical economics to develop an analytical framework. This book examines the productivity growth of Bangladesh manufacturing firms as component measures of changes in capacity realization and technical progress. The significant feature of this approach is that it allows for the inefficiency of firms, and thus productivity growth is estimated rather than taking it as a residual as is usually measured in the traditional growth accounting approach. High rates of technological progress, on the one hand, can co-exist with low rates of capacity realization. On the other hand, relatively low rates of technological progress can co-exist with an improving capacity realization. As a result specific policy actions are required to address the difference in the sources of variation in productivity. In this respect this book would provide invaluable insights for policy makers, development practitioners, academics and students of economics |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record |
| Subject |
Industrial productivity -- Bangladesh
|
|
Manufacturing industries -- Bangladesh
|
|
BUSINESS & ECONOMICS -- Industries -- General.
|
|
Economic policy
|
|
Industrial productivity
|
|
Manufacturing industries
|
| SUBJECT |
Bangladesh -- Economic policy
|
| Subject |
Bangladesh
|
| Form |
Electronic book
|
| ISBN |
9780429463242 |
|
0429463243 |
|
