Iranian productivity in manufacturing sector: empirical evidence using panel estimation techniques

Rapid changes in demand and supply models, the byproduct of increasing productivity and competition, cause entrants to pay special attention to the conditions of productivity and environment of the competition. Iranian manufacturing sector faces a major problem where its lack of entrants’ paying at...

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Main Authors: Moradpour, Hamid Reza, Abdul Jalil, Suhaila, Law, Siong Hook
Format: Article
Language:English
Published: Universiti Putra Malaysia Press 2013
Online Access:http://psasir.upm.edu.my/id/eprint/28319/1/28319.pdf
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author Moradpour, Hamid Reza
Abdul Jalil, Suhaila
Law, Siong Hook
author_facet Moradpour, Hamid Reza
Abdul Jalil, Suhaila
Law, Siong Hook
author_sort Moradpour, Hamid Reza
collection UPM
description Rapid changes in demand and supply models, the byproduct of increasing productivity and competition, cause entrants to pay special attention to the conditions of productivity and environment of the competition. Iranian manufacturing sector faces a major problem where its lack of entrants’ paying attention to productivity issues. Productivity issues cause a waste of resources and wrong entry decisions. This research employs econometrical models to investigate the determinants of productivity. The three productivity equations are estimated into two categories, that is labour-intensive and capital-intensive sub sectors during the period of 1997-2006. The results indicate that productivity, both in labour, capital and joint labour-capital, in twenty one Iranian industries seem to be highly sensitive to investment sales ratio and minimum efficiency of scale. We review performance indicator roles in manufacturing sector in acquiring results of this study. It increases our knowledge about the Iranian manufacturing structure. The importance of this study stems from a desire to formulate industrial policy based on real empirical knowledge rather than on baseless foundations.
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spelling upm.eprints-283192015-09-21T01:26:09Z http://psasir.upm.edu.my/id/eprint/28319/ Iranian productivity in manufacturing sector: empirical evidence using panel estimation techniques Moradpour, Hamid Reza Abdul Jalil, Suhaila Law, Siong Hook Rapid changes in demand and supply models, the byproduct of increasing productivity and competition, cause entrants to pay special attention to the conditions of productivity and environment of the competition. Iranian manufacturing sector faces a major problem where its lack of entrants’ paying attention to productivity issues. Productivity issues cause a waste of resources and wrong entry decisions. This research employs econometrical models to investigate the determinants of productivity. The three productivity equations are estimated into two categories, that is labour-intensive and capital-intensive sub sectors during the period of 1997-2006. The results indicate that productivity, both in labour, capital and joint labour-capital, in twenty one Iranian industries seem to be highly sensitive to investment sales ratio and minimum efficiency of scale. We review performance indicator roles in manufacturing sector in acquiring results of this study. It increases our knowledge about the Iranian manufacturing structure. The importance of this study stems from a desire to formulate industrial policy based on real empirical knowledge rather than on baseless foundations. Universiti Putra Malaysia Press 2013-09 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28319/1/28319.pdf Moradpour, Hamid Reza and Abdul Jalil, Suhaila and Law, Siong Hook (2013) Iranian productivity in manufacturing sector: empirical evidence using panel estimation techniques. Pertanika Journal of Social Sciences & Humanities, 21 (spec. Sep.). pp. 141-158. ISSN 0128-7702; ESSN: 2231-8534 http://www.pertanika.upm.edu.my/Pertanika%20PAPERS/JSSH%20Vol.%2021%20%28S%29%20Sep.%202013/10%20Page%20141-158.pdf
spellingShingle Moradpour, Hamid Reza
Abdul Jalil, Suhaila
Law, Siong Hook
Iranian productivity in manufacturing sector: empirical evidence using panel estimation techniques
title Iranian productivity in manufacturing sector: empirical evidence using panel estimation techniques
title_full Iranian productivity in manufacturing sector: empirical evidence using panel estimation techniques
title_fullStr Iranian productivity in manufacturing sector: empirical evidence using panel estimation techniques
title_full_unstemmed Iranian productivity in manufacturing sector: empirical evidence using panel estimation techniques
title_short Iranian productivity in manufacturing sector: empirical evidence using panel estimation techniques
title_sort iranian productivity in manufacturing sector empirical evidence using panel estimation techniques
url http://psasir.upm.edu.my/id/eprint/28319/1/28319.pdf
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AT lawsionghook iranianproductivityinmanufacturingsectorempiricalevidenceusingpanelestimationtechniques