Document Details

Document Type : Article In Journal 
Document Title :
Measuring Productivity Growth in the Bahraini Agriculture and Fisheries Sector
معدلات نمو الإنتاجية في قطاع الزراعة وصيد الأسماك البحريني
 
Subject : Business Administration 
Document Language : Arabic 
Abstract : . The main objective of this study is to measure and analyze one of the major components of economic performance, multifactor productivity (MFP) growth rate adjusted for economies of scale, and to measure and analyze the growth rate of partial (input-specific) productivity in the Bahraini Agriculture and Fisheries Sector (primary sector) over the time period 1980-2002. A dual cost measure of multifactor productivity growth was developed to obtain a highly interpretable measure of economic performance. Exploiting recent developments in dual-cost theory, a well-defined method for empirical estimation has been established. This approach explicitly takes into account the impact of non-neutral technological change and economies of scale that may occur in the long-run production process. An empirical model of multifactor productivity was derived as an application of this dual-cost analysis. The translog long-run cost function was employed to estimate the multifactor productivity growth, technological change, the bias of the technological change, and input-specific (partial) productivity in Bahrain primary sector. The findings of this study show that the presently structured primary sector, in general, have experienced a relatively low productivity growth rate, an annual average of 1.7%. The reason behind this low performance could be the presence of a number of sub-optimal operations with significant low rate of multifactor productivity growth. However, the maximum level of multifactor productivity growth rate was 17.5% in 1994, just before the civil unrest era.  
ISSN : 1319-0997 
Journal Name : Economics and Administration Journal 
Volume : 20 
Issue Number : 1 
Publishing Year : 1427 AH
2006 AD 
Article Type : Article 
Added Date : Sunday, October 11, 2009 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
باسم شبيبBassim ShebebResearcher  

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