Trade Liberalisation and Technical Efficiency: Evidence from Bangladesh Manufacturing Industries.
The paper investigates the effects of trade liberalisation on the technical efficiency of the Bangladesh manufacturing sector by estimating a combined stochastic frontier-inefficiency model using panel data for the period 1978-94 for 25 three-digit level industries.The results show that the overall...
| Publicado en: | Journal of Development Studies Vol. 40; no. 3; pp. 87 - 115 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Taylor & Francis Ltd
Feb2004
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=13456689&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 13456689 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00220388 JDS jtl: Journal of Development Studies issn: 00220388 maglogo: N pubinfo: dt: Feb2004 vid: 40 iid: 3 pid: 377 pub: Taylor & Francis Ltd artinfo: ui: 13456689 10.1080/0022038042000213210 ppf: 87 ppct: 28 formats: fmt: @attributes: type: P size: 261KB tig: atl: Trade Liberalisation and Technical Efficiency: Evidence from Bangladesh Manufacturing Industries. aug: au: Hossain, M. A. Karunaratne, N. D. su: Free trade International trade Manufactured products Industrial efficiency Industries Bangladesh sug: subj: Bangladesh Free trade International trade Manufactured products Industrial efficiency Industries ab: The paper investigates the effects of trade liberalisation on the technical efficiency of the Bangladesh manufacturing sector by estimating a combined stochastic frontier-inefficiency model using panel data for the period 1978-94 for 25 three-digit level industries.The results show that the overall technical efficiency of the manufacturing sector as well as the technical efficiencies of the majority of the individual industries has increased over time. The findings also clearly suggest that trade liberalisation, proxied by export orientation and capital deepening, has had significant impact on the reduction of the overall technical inefficiency. Similarly, the scale of operation and the proportion of non- production labour in total employment appear as important determinants of technical inefficiency. The evidence also indicates that both export-promoting and import-substituting industries have experienced rises in technical efficiencies over time. Besides, the results are suggestive of neutral technical change, although (at the 5 per cent level of significance) the empirical results indicate that there was no technical change in the manufacturing industries. Finally, the joint test based on the likelihood ratio (LR) test rejects the Cobb-Douglas production technology as description of the database given the specification of the translog production technology. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y custom: Copyright of Journal of Development Studies is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. item: Journal of Development Studies holder: Taylor & Francis Ltd dt: @attributes: year: 2004 holdings: @attributes: islocal: N |
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