期刊名称:Equilibrium. Quarterly Journal of Economics and Economic Policy
印刷版ISSN:1689-765X
电子版ISSN:2353-3293
出版年度:2019
卷号:14
期号:4
页码:711-737
DOI:10.24136/eq.2019.033
语种:English
出版社:Institute of Economic Research
摘要:Research background: The paper presents the issue of total factor productivity in the manufac turing industry in Poland. It has been assumed that total factor productivity (TFP) is a synthetic measure of efficiency of the production process and a measure of the impact of technical progress on the rate of economic growth. Purpose of the article: The main aim of the paper is to assess the differentiation in the level of total factor productivity (TFP) occurring among the Section C manufacturing divisions in Poland. In particular, the paper raises the issue of measuring and analysing the relationship between expenditure on research and development and the level of TFP in manufacturing divisions in Poland. Methods: In the presented research, the TFP level was determined by using the two-factor Cobb_x005f?Douglas production function, while econometric panel models were used to assess the studied relationship. Findings & Value added: The presented considerations show that manufacturing divisions in Poland are diversified in terms of total factor productivity. Generally, manufacturing divisions with high R&D intensity, i.e. divisions classified as so-called high-tech ones, are characterised by a high TFP level. The econometric analysis carried out allows us to conclude that expenditure on R&D incurred in manufacturing enterprises significantly affects the level of TFP.
关键词:total factor productivity; research and development activity; Cobb-Douglas function; manufacturing divisions; panel models