期刊名称:Discussion Paper Series / Department of Economics, Monash University
出版年度:2010
卷号:1
出版社:Monash University
摘要:Malaysia’s economic success is to a significant extent underpinned by its export-oriented
manufacturing sector. The sector has a large foreign presence, with MNCs attracted by the open trade
and investment regime, and FDI-friendly policies. Using unpublished manufacturing census data for
2000 and 2005, we apply the methodology by Foster et al. (1998) to decompose productivity growth.
The analysis shows that exporters were more productive than domestic-oriented establishments, and
were distinctly more competitive. The empirical evidence also shows that establishment turnover is
important in boosting productivity growth. In particular, we find that turnover of exporters made a
larger contribution to aggregate productivity growth compared to domestic-oriented establishments
during the period from 2000 to 2005. Surviving establishments (those that operated in both years), on
the other hand, made a negative contribution. It is noteworthy that entrants to export markets were
more productive than surviving non-exporters and even surviving exporters. Exiters from export
markets or “export failures”, on the other hand, were less productive than continuing exporters. Given
the importance of turnover to productivity growth, the government should ensure unrestricted entry to
the export sectors for both foreign and domestic investors. Continuing with pro-FDI policies is also
important, given the keener global competition.
关键词:Exporting; plant turnover; productivity; manufacturing; Malaysia