Artikel
Examining the productivity of the ASEAN economies in the presence of transient and persistent efficiency
In recent decades, the ASEAN economies have implemented a number of regional integration policies. Using a panel dataset of 10 ASEAN countries from 1980 to 2017, this study examines the productivity and efficiency of the ASEAN economies using a stochastic production frontier model. Furthermore, the parametric model is decomposed using a generalised Malmquist productivity index to provide estimates of gross technical efficiency, technical progress and returns to scale change, while taking into account of transient and persistent efficiency. The results show that there is room for efficiency gains, as the ASEAN economies can increase GDP by 7.7 per cent if persistent efficiency is increased. Furthermore, the results show that technical progress is increasing over time and exhibits increasing returns to scale. However, technical change is slow, as it averages at one per cent over the sample period. Policy implications for future growth are discussed.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 8 ; Year: 2020 ; Issue: 1 ; Pages: 1-21
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Economic Growth and Aggregate Productivity: Other
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- Thema
-
economic growth
efficiency
frontier modelling
persistent and transient efficiency
productivity
total factor productivity
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Haini, Hazwan
- Ereignis
-
Veröffentlichung
- (wer)
-
Taylor & Francis
- (wo)
-
Abingdon
- (wann)
-
2020
- DOI
-
doi:10.1080/23322039.2020.1805138
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Haini, Hazwan
- Taylor & Francis
Entstanden
- 2020
Ähnliche Objekte (12)
Persistent and transient inefficiency: Explaining the low efficiency of Chinese big banks
Persistent and Transient Cost Efficiency – An Application to the Swiss Hydropower Sector
Unemployment in transition countries : transient or persistent?
Transient and persistent efficiency and spatial spillovers: Evidence from the Portuguese wine industry
The Transient and Persistent Efficiency of Italian and German Universities: A Stochastic Frontier Analysis
The transient and persistent efficiency of Italian and German universities: A stochastic frontier analysis
Transient and Persistent Energy Efficiency in the US Residential Sector: Evidence from Household-level Data
Impact of the ASEAN economic community on ASEAN production networks
What Does ASEAN Mean to ASEAN Peoples? (The Philippine Case)
The transient radio sky
The ASEAN Economic Community and the European Experience
ASEAN and the EU in the international environment
Persistent and transient inefficiency: Explaining the low efficiency of Chinese big banks
Persistent and Transient Cost Efficiency – An Application to the Swiss Hydropower Sector
Unemployment in transition countries : transient or persistent?
Transient and persistent efficiency and spatial spillovers: Evidence from the Portuguese wine industry
The Transient and Persistent Efficiency of Italian and German Universities: A Stochastic Frontier Analysis
The transient and persistent efficiency of Italian and German universities: A stochastic frontier analysis
Transient and Persistent Energy Efficiency in the US Residential Sector: Evidence from Household-level Data
Impact of the ASEAN economic community on ASEAN production networks
What Does ASEAN Mean to ASEAN Peoples? (The Philippine Case)
The transient radio sky
The ASEAN Economic Community and the European Experience
ASEAN and the EU in the international environment
Persistent and transient inefficiency: Explaining the low efficiency of Chinese big banks
Persistent and Transient Cost Efficiency – An Application to the Swiss Hydropower Sector
Unemployment in transition countries : transient or persistent?
Transient and persistent efficiency and spatial spillovers: Evidence from the Portuguese wine industry
The Transient and Persistent Efficiency of Italian and German Universities: A Stochastic Frontier Analysis
The transient and persistent efficiency of Italian and German universities: A stochastic frontier analysis
Transient and Persistent Energy Efficiency in the US Residential Sector: Evidence from Household-level Data
Impact of the ASEAN economic community on ASEAN production networks
What Does ASEAN Mean to ASEAN Peoples? (The Philippine Case)
The transient radio sky
The ASEAN Economic Community and the European Experience