Productivity performance of Singapore’s retail sector : a two-stage non-parametric approach
Lee, Boon L. (2013) Productivity performance of Singapore’s retail sector : a two-stage non-parametric approach. Economic Analysis and Policy, 43(1), pp. 67-77.
This paper seeks to identify and quantify sources of the lagging productivity in Singapore’s retail sector as reported in the Economic Strategies Committee 2010 report. A two-stage analysis is adopted. In the first stage, the Malmquist productivity index is employed which provides measures of productivity change, technological change and efficiency change. In the second stage, technical efficiency estimates are regressed against explanatory variables based on a truncated regression model. Sources of technical efficiency were attributed to quality of workers while product assortment and competition negatively impacted on efficiency.
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|Item Type:||Journal Article|
|Keywords:||Total-factor productivity, efficiency change, technological change, Malmquist productivity index, Singapore retail, truncated regression|
|Subjects:||Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200)|
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School|
Current > Schools > School of Economics & Finance
|Copyright Owner:||Copyright 2013 [please consult the author]|
|Deposited On:||12 Apr 2012 10:14|
|Last Modified:||11 Dec 2013 16:51|
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