Total Factor Productivity And The Mongolian Transition

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Total Factor Productivity And The Mongolian Transition

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Author : Antonio Gavino Chessa
language : en
Publisher:
Release Date : 2005

Total Factor Productivity And The Mongolian Transition written by Antonio Gavino Chessa and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.

Obstacles To Faster Growth In Transition Economies

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Author : Stanley W. Black
language : en
Publisher:
Release Date : 2001

Obstacles To Faster Growth In Transition Economies written by Stanley W. Black and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Industrial productivity categories.

Different Approaches For Estimation Of Total Factor Productivity

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Author : Veerabhadrappa Bellundagi
language : en
Publisher: Amazon Publishers, USA
Release Date :

Different Approaches For Estimation Of Total Factor Productivity written by Veerabhadrappa Bellundagi and has been published by Amazon Publishers, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on with Reference categories.

Total-factor productivity (TFP) is a variable which accounts for effects in total output not caused by traditionally measured inputs of labour and capital. If all inputs are accounted for, then total factor productivity can be taken as a measure of an economy’s long-term technological change or technological dynamism, scale of economies and efficiency.TFP is regarded as the more accurate productivity measure than the partial productivity measure. The broader the coverage of resources, the better is the productivity measure. The best measure is one that compares output with the combined use of all resources” (Chandel, 2007). TFP is the change in output relative to a weighted combination of all inputs, where the weights are factor shares. Some authors also define TFP as contribution of non-traditional inputs to output. For example non inputs were technology, irrigation, infrastructure, managerial skills and so on.The calculated TFP is decomposed in to a) Scale of economies b) Technical change and c) Residual or Efficiency or Management to know the contribution of non-conventional inputs to the output growth.There are different approaches for estimation of TFP, such as Production function approach, Growth accounting approach and Non-Parametric approach.World ScenarioCoelli, et al., 2003, conducted a study on Total Factor Productivity growth in Agriculture: A Malmquist index analysis of 93 Countries. The results shown that, Asia as a region posted the highest TFP growth of 2.9 percent followed by North America (consisting of USA and Canada), Australasia, Europe, Africa and South America. South America has posted the lowest growth rate of 0.6 per cent followed by Africa with 1.3 per cent growth in TFP. A surprising result is that over the period 1980-2000. The results on continent-level information for six regions revealed that, the largest difference occurs for South and Central America, where the average TFP growth measure increases from 0.6 percent to 1.5 per cent per annum.Country ScenarioChand et al., 2011, estimated average annual TFP growth for the major crops cultivated in India. Among cereals, wheat experienced the highest growth in TFP index during the three decades from 1975 to 2005. Among pulses, the TFP growth was estimated to be 0.5 per cent for moong, followed by gram (0.2 per cent). TFP for Arhar and Urad crops displayed a decline over the past three decades. The TFP is a useful indicator of changes in long-term productivity. The TFP growth (TFPG) in the oilseed sector varied in the range 0.7-0.8 per cent per annum.An attempt was made to analyze the TFP of ragi in Karnataka. The results shown that, TFP for ragi increased from 1.17 during 1999 to 1.81 in 2013. The TFP fell to 0.61 in 2011 and 0.67 in 2008 due to drought during that period. The highest TFP index was observed in 2007-08 (2.18). The average TFP index for 15 years was 1.12.The output index of ragi increased from 1.40 in 1999 to 1.79 in 2013. The average input index of ragi was 1.14 for fifteen years.Suresh, K. 2013, conducted a study on Economic impact of public sector agricultural research in ragi and redgram in Karnataka. The results revealed that, the Total Factor Productivity index of redgram grew at the rate of 3.31 per cent per annum and that of ragi grew at 4.75 per cent per annum. Thus, Public research significantly contributed to TFP growth in ragi.ConclusionTotal factor productivity can be estimated by different approaches. In growth accounting approach the tornqvist-thiel index is commonly used which is based on translog production function. The TFP decomposition analysis helps to identify factors which influence the total factor productivity growth. The results of the decomposition analysis indicate which variable contribute to growth in productivity. This will enable policy makers to suggest plan and programmes to achieve total factor productivity growth.

Growth And Recovery In Mongolia During Transition

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Author : Mr.Kevin C. Cheng
language : en
Publisher: International Monetary Fund
Release Date : 2003-11-01

Growth And Recovery In Mongolia During Transition written by Mr.Kevin C. Cheng and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-11-01 with Business & Economics categories.

This paper studies Mongolia's experience of growth and recovery during the first decade of its transition to a market-based system and compares it with those of other transition economies. Mongolia, like most other transition economies, experienced a painful, initial "transformational recession" before the economy began to recover, with efficiency gains the main source of growth during the early stages of transition. Mongolia's transition process has been relatively smooth compared with other transition economies, probably reflecting the combined effects of some favorable initial conditions, coupled with the early adoption of appropriate adjustment policies and market-oriented reforms.

Obtstacles To Faster Growth In Transition Economies The Mongolian Case

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Author : Stabley W. Black
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2001-03-01

Obtstacles To Faster Growth In Transition Economies The Mongolian Case written by Stabley W. Black and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-03-01 with categories.

The obstacles to economic growth in Mongolia are modeled with a supply-side growth model calibrated to represent inefficient use of resources and intermediation. Progressive removal of inefficiencies over time by means of privatization of banks and industrial enterprises potentially leads to increased productivity and increased capital accumulation, raising economic growth and per capita output.

Measuring Total Factor Productivity Technical Change And The Rate Of Returns To Research And Development

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Author : Sang V. Nguyen
language : en
Publisher:
Release Date : 1991

Measuring Total Factor Productivity Technical Change And The Rate Of Returns To Research And Development written by Sang V. Nguyen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Industrial productivity categories.

Mongolia In Transition

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Author : Ole Bruun
language : en
Publisher: Routledge
Release Date : 2013-05-13

Mongolia In Transition written by Ole Bruun and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-13 with Social Science categories.

Squeezed between powerful neighbours, for decades Mongolia played the role of buffer state. Its full independence in 1990 offered new opportunities for both economic growth and the restoration of Mongolian identity. But with a huge land area, poor infrastructure and a small population, the new republic is highly vulnerable and also dependent on international support. This book provides easily accessible information for developers, planners, consultants, scholars, students and others with an interest in contemporary Mongolia. Prefaced by a general overview of the land and society, its chapters, all written by international experts, cover a wide range of topics, including foreign policy, domestic politics, local government structure, living standards and poverty, women in society, grassland management, the common herding household, and science and technology policy. A comprehensive bibliography is provided.

Mongolia In Transition

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Author : Ole Bruun
language : en
Publisher: Routledge
Release Date : 2013-05-13

Mongolia In Transition written by Ole Bruun and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-13 with Social Science categories.

Squeezed between powerful neighbours, for decades Mongolia played the role of buffer state. Its full independence in 1990 offered new opportunities for both economic growth and the restoration of Mongolian identity. But with a huge land area, poor infrastructure and a small population, the new republic is highly vulnerable and also dependent on international support. This book provides easily accessible information for developers, planners, consultants, scholars, students and others with an interest in contemporary Mongolia. Prefaced by a general overview of the land and society, its chapters, all written by international experts, cover a wide range of topics, including foreign policy, domestic politics, local government structure, living standards and poverty, women in society, grassland management, the common herding household, and science and technology policy. A comprehensive bibliography is provided.

Total Factor Productivity Growth In Historical Perspective

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Author : Robert Shackleton
language : en
Publisher:
Release Date : 2013-04-20

Total Factor Productivity Growth In Historical Perspective written by Robert Shackleton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-20 with Business & Economics categories.

Over the past century or more, gains in total factor productivity (TFP) have accounted for well over half the growth in measured U.S. labor productvity (output per hour of work) -- that is, they have contributed more to the measured growth of labor productivity than has growth in the amount of capital per worker -- and they are likely to be critical for future economic growth as well. This study reviews the broad contours of TFP growth in the U.S. economy since 1870, highlighting the contribution of various technological innovations to the growth of different sectors of the economy. It also notes the correlation between TFP growth and improvements in general health and well-being as reflected in changes in life expectancy. Finally, the study discusses the potential for continued growth in TFP in the future. Tables and figures. This is a print on demand report.

The Mongolian Economy

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Author : F. I. Nixson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000

The Mongolian Economy written by F. I. Nixson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.

Mongolian and British economists present the first detailed analysis of the shock-therapy approach to economic transition that the remote Asian government adopted in 1990. They look at macroeconomic performance, the agriculture and industry sectors, the labor market, and the emerging financial sector from such perspectives as poverty, gender, privatization, and the environment. They find that policy makers have exacerbated the transition process by underestimating its complexity and by pursuing inappropriate, or at best overly optimistic, policy reforms. The treatment is revised and extended from a volume published in Mongolia in 1999. Annotation copyrighted by Book News Inc., Portland, OR