Productivity, technical and efficiency change in Singapore's services sector, 2005 to 2008

C-Tier
Journal: Applied Economics
Year: 2013
Volume: 45
Issue: 15
Pages: 2023-2029

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The current study was motivated by statements made by the Economic Strategies Committee that Singapore's recent productivity levels in services were well below countries such as the US, Japan and Hong Kong. Massive employment of foreign workers was cited as the reason for poor productivity levels. To shed more light on Singapore's falling productivity, a nonparametric Malmquist productivity index was employed which provides measures of productivity change, technical change and efficiency change. The findings reveal that growth in Total Factor Productivity (TFP) was attributed to technical change with no improvement in efficiency change. Such results suggest that gains from TFP were input-driven rather than from a ‘best-practice’ approach such as improvements in operations or better resource allocation.

Technical Details

RePEc Handle
repec:taf:applec:45:y:2013:i:15:p:2023-2029
Journal Field
General
Author Count
1
Added to Database
2026-01-25