This study examines the dynamic relationship between foreign direct investment (FDI) and total factor productivity having controlled for other channels of external openness: exports and imports in four ASEAN countries: Indonesia, Malaysia, Singapore, and Thailand. We employ the panel data analysis PDA (fixed effect and dynamic panel models) as well as the panel cointegration and Granger causali...

This paper attempts to analyse the total factor productivity (TFP) growth rate in Malaysia during 1971 – 2004 and to discuss factors that determine TFP growth. Data envelopment analysis (DEA) approach is used to estimate the changes in the production frontier. The Malmquist productivity index has decomposed total factor productivity into technological change (TECHCH) and technical efficiency ch...

A primal index of productivity change is introduced which decomposes exactly in three components: technical change, technical efficiency change and average scale economies (radial scale change). The proposed index is invariant to movement along indifference surfaces and it collapses to the Malmquist index if the technology is locally constant returns to scale. It is the best linear approximatio...

This article computes the energy productivity changes of regions in Japan using total-factor frameworks based on data envelopment analysis (DEA). Since the traditional DEA-Malmquist index cannot analyze changes in single-factor productivity changes under the total-factor framework, we apply a new index proposed by Hu and Chang [2009. Total-factor energy productivity growth of regions in China. ...

The analysis of the composition of economic growth in the G7 countries has been motivated by the desire to identify regularities that contribute to explaining economic success. Such analysis must be carried out with a long term perspective, and the relevant production function should reflect existing world technology and not just domestic conditions. Moreover, in order to assess the relative pe...

Several different approaches to international comparison of Total Factor Productivity (TFP) have now emerged. Among these are the time-series approach, the panel approach, and the cross-section approach. This paper compares methodologies of these different approaches and results that have been obtained from their application. The comparison of results is conducted in the context of two samples,...