An empirical productivity analysis of ASEAN economies in transition towards knowledge-based economy

Article


Afzal, Munshi Naser Ibne and Manni, Umme Humayara. 2013. "An empirical productivity analysis of ASEAN economies in transition towards knowledge-based economy." Asian Research Policy. 4 (1), pp. 1-9.
Article Title

An empirical productivity analysis of ASEAN economies in
transition towards knowledge-based economy

Article CategoryArticle
AuthorsAfzal, Munshi Naser Ibne (Author) and Manni, Umme Humayara (Author)
Journal TitleAsian Research Policy
Journal Citation4 (1), pp. 1-9
Number of Pages9
Year2013
Place of PublicationSeoul, South Korea
Web Address (URL)http://arpjournal.org/browse/issue-view.action?bean.seq=17
Abstract

Over the past few decades, countries in the Association of South East Asian Nations (ASEAN) have achieved varying levels of economic development. In this paper, the nature and extent of productivity changes in Cobb-Douglas production function components and the growth of the knowledge economy of selected ASEAN countries, namely, Malaysia, Indonesia, Philippines, Thailand, Singapore plus South Korea are analyzed over the period 2005 to 2010. Utilising non-parametric Data Envelopment Analysis (DEA) and the Malmquist total factor productivity (TFP) index, individual country's efficiency and productivity
changes which took place within this period are estimated. Although there are vast numbers of studies conducted on firm-level and industry-level efficiencies, there is scant literature on inter-country productivity comparisons using the Malmquist productivity index (MPI). The Malmquist TFP index, calculated within the framework of DEA, is broken down into three constituent elements accounting for different sources of productivity growth, namely technological progress, efficiency change, and the effects of economies of scale. Our results indicate that the Philippines and Singapore reported the highest increase in TFP within the referred years, and this growth in productivity is derived from both technical efficiency gains and technological progress. On the other hand, for the knowledge economy model, there is a remarkable growth in TFP for Thailand and Philippines. A comparison with better performing countries helps to identify policies for further improvement in ASEAN member countries.

KeywordsMalmquist productivity index; Cobb-Douglas; knowledge economy; technical efficiency; technological change; human capital; ICT; productivity growth; ASEAN
ANZSRC Field of Research 2020440499. Development studies not elsewhere classified
380109. Industry economics and industrial organisation
350503. Human resources management
Public Notes

File reproduced in accordance with the copyright policy of the publisher/author.

Byline AffiliationsSchool of Accounting, Economics and Finance
Koleg International Gradiate Studies College, Brunei
Institution of OriginUniversity of Southern Queensland
Permalink -

https://research.usq.edu.au/item/q2188/an-empirical-productivity-analysis-of-asean-economies-in-transition-towards-knowledge-based-economy

Download files


Published Version
Afzal_Manni_ARP_v4n1_PV.pdf
File access level: Anyone

  • 2043
    total views
  • 399
    total downloads
  • 1
    views this month
  • 0
    downloads this month

Export as

Related outputs

Economic and internet growth effect on electricity consumption in the BRICS countries
Afzal, Munshi Naser Ibne, Gow, Jeffrey and Rahman, Ashiqur. 2019. "Economic and internet growth effect on electricity consumption in the BRICS countries." International Advances in Economic Research. 25 (3), pp. 339-346. https://doi.org/10.1007/s11294-019-09743-6
Understanding national innovation system (NIS) using Porter’s Diamond model (PDM) of competitiveness in ASEAN-05
Afzal, Munshi, Lawrey, Roger and Gope, Jhalak. 2019. "Understanding national innovation system (NIS) using Porter’s Diamond model (PDM) of competitiveness in ASEAN-05." Competitiveness Review. 29 (4), pp. 336-355. https://doi.org/10.1108/CR-12-2017-0088
A comparative analysis of the efficiency and productivity of selected food processing industries in Malaysia
Afzal, Munshi Naser Ibne, Lawrey, Roger, Anaholy, Mir Shatil and Gope, Jhalak. 2018. "A comparative analysis of the efficiency and productivity of selected food processing industries in Malaysia." Malaysian Journal of Sustainable Agriculture. 2 (1), pp. 19-28. https://doi.org/10.26480/mjsa.01.2018.19.28
Practice of Triple Helix (TH) Model in Malaysian research universities (RU)
Afzal, Munshi Naser Ibne, Dutta, Susmita, Mansur, Kasim Bin HJ. MD. and Lawrey, Roger. 2017. "Practice of Triple Helix (TH) Model in Malaysian research universities (RU)." Asian Journal of Technology Management. 10 (2), pp. 90-104. https://doi.org/10.12695/ajtm.2017.10.2.4
An empirical investigation of Triple Helix and national innovation system dynamics in ASEAN-5 economies
Afzal, Munshi Naser Ibne, Mansur, Kasim Bin HJ. MD. and Sulong, Rini Suryati. 2017. "An empirical investigation of Triple Helix and national innovation system dynamics in ASEAN-5 economies." Asian Journal of Innovation and Policy. 6 (3), pp. 313-331. https://doi.org/10.7545/ajip.2017.6.3.313
An investigation of triple helix model and national innovation systems: the case of Malaysia
Afzal, Munshi Naser Ibne, Sulong, Rini Suryati, Dutta, Susmita and Mansur, Datuk Kasim Bin HJ. MD.. 2018. "An investigation of triple helix model and national innovation systems: the case of Malaysia." Journal of Entrepreneurship Education. 21 (2), pp. 1-15.
Evaluating the comparative performance of technical and scale efficiencies in knowledge-based economies (KBEs) in ASEAN: a data envelopment analysis (DEA) application
Afzal, Munshi Naser Ibne and Lawrey, Roger. 2012. "Evaluating the comparative performance of technical and scale efficiencies in knowledge-based economies (KBEs) in ASEAN: a data envelopment analysis (DEA) application ." The European Journal of Economics, Finance and Administrative Sciences. (51), pp. 82-96.
Electricity consumption and information and communication technology in the next eleven emerging economies
Afzal, Munshi Naser Ibne and Gow, Jeff. 2016. "Electricity consumption and information and communication technology in the next eleven emerging economies." International Journal of Energy Economics and Policy. 6 (3), pp. 381-388.
An empirical investigation of the National Innovation System (NIS) using Data Envelopment Analysis (DEA) and the TOBIT model
Afzal, Munshi Naser Ibne. 2014. "An empirical investigation of the National Innovation System (NIS) using Data Envelopment Analysis (DEA) and the TOBIT model." International Review of Applied Economics. 28 (4), pp. 507-523. https://doi.org/10.1080/02692171.2014.896880
Measuring the importance and efficiency of research and development expenditures in the transformation of knowledge-based economies: a case study of the ASEAN region
Afzal, Munshi Naser Ibne and Lawrey, Roger. 2014. "Measuring the importance and efficiency of research and development expenditures in the transformation of knowledge-based economies: a case study of the ASEAN region." International Journal of Asia: Pacific Studies. 10 (1), pp. 33-47.
Knowledge-based economy (KBE): an investigation of theoretical frameworks and measurement techniques in the South East Asian region
Afzal, Munshi Naser Ibne. 2014. Knowledge-based economy (KBE): an investigation of theoretical frameworks and measurement techniques in the South East Asian region. PhD Thesis Doctor of Philosophy. University of Southern Queensland.
Are science valleys and clusters panacea for a knowledge economy? An investigation on regional innovation system (RIS) - concepts, theory and empirical analysis
Afzal, Munshi Naser Ibne. 2013. "Are science valleys and clusters panacea for a knowledge economy? An investigation on regional innovation system (RIS) - concepts, theory and empirical analysis." Asian Research Policy. 4 (2), pp. 114-125.
Investigating World Bank knowledge assessment methodology (KAM) using data envelopment analysis (DEA): a study in the ASEAN region
Afzal, Munshi Naser Ibne and Lawrey, Roger. 2012. "Investigating World Bank knowledge assessment methodology (KAM) using data envelopment analysis (DEA): a study in the ASEAN region." Research Journal of Science & IT Management. 1 (12), pp. 33-38.
A measurement framework for knowledge-based economy (KBE) efficiency in ASEAN: a data envelopment (DEA) window approach
Afzal, Munshi Naser Ibne and Lawrey, Roger. 2012. "A measurement framework for knowledge-based economy (KBE) efficiency in ASEAN: a data envelopment (DEA) window approach." International Journal of Business and Management. 7 (18), pp. 57-68. https://doi.org/10.5539/ijbm.v7n18p57
Evaluating the comparative performance of knowledge-based economies (KBEs)in ASEAN: a data envelopment analysis (DEA) application of additive efficiency
Afzal, Munshi Naser Ibne and Lawrey, Roger. 2012. "Evaluating the comparative performance of knowledge-based economies (KBEs)in ASEAN: a data envelopment analysis (DEA) application of additive efficiency." Research Journal of Social Science & Management. 2 (6), pp. 48-55.
KBE frameworks and their applicability to a resource-based country: The case of Brunei Darussalam
Afzal, Munshi Naser Ibne and Lawrey, Roger. 2012. "KBE frameworks and their applicability to a resource-based country: The case of Brunei Darussalam." Asian Social Science. 8 (7), pp. 208-218. https://doi.org/10.5539/ass.v8n7p208
Knowledge-based economy (KBE) frameworks and empirical investigation of KBE input-output indicators for ASEAN
Afzal, Munshi Naser Ibne and Lawrey, Roger. 2012. "Knowledge-based economy (KBE) frameworks and empirical investigation of KBE input-output indicators for ASEAN." International Journal of Economics and Finance. 4 (9), pp. 13-22. https://doi.org/10.5539/ijef.v4n9p13