South African Manufacturing C. Friedrich Kreuser (Stellenbosch - - PowerPoint PPT Presentation

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South African Manufacturing C. Friedrich Kreuser (Stellenbosch - - PowerPoint PPT Presentation

Jan 02, 2023 39 likes •160 views

Total Factor Productivity in South African Manufacturing C. Friedrich Kreuser (Stellenbosch University, UNU-WIDER) Carol Newman (Trinity College Dublin) Total Factor Productivity in Manufacturing Manufacturing is a key sector. Little is

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Total Factor Productivity in South African Manufacturing

  • C. Friedrich Kreuser (Stellenbosch University, UNU-WIDER)

Carol Newman (Trinity College Dublin)

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Total Factor Productivity in Manufacturing

  • Manufacturing is a key sector.
  • Little is known on the distribution and determinants of productivity

within firms in South Africa.

  • Productivity here is defined as total factor productivity (TFP).
  • The portion of output (value added) not explained by the inputs.
  • Here, we focus on: two aspects of productivity
  • TFP by Firm Size
  • TFP in Selected Industries
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.2 .4 .6 .8 1

  • 4
  • 2

2 4 1-4 (25797) 5-9 (25334) 10-19 (25676) 20-49 (24004) 50-99 (8651) 100-249 (4659) 250-1000 (1660) 1000+ (219)

Relative TFP by Firm Size

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SLIDE 4

.2 .4 .6 .8 1

  • 4
  • 2

2 4 1-4 (25797) 5-9 (25334) 10-19 (25676) 20-49 (24004) 50-99 (8651) 100-249 (4659) 250-1000 (1660) 1000+ (219)

Relative TFP by Firm Size

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SLIDE 5

.2 .4 .6 .8 1

  • 4
  • 2

2 4 1-4 (25797) 5-9 (25334) 10-19 (25676) 20-49 (24004) 50-99 (8651) 100-249 (4659) 250-1000 (1660) 1000+ (219)

Relative TFP by Firm Size

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SLIDE 6

.2 .4 .6 .8 1

  • 4
  • 2

2 4 1-4 (25797) 5-9 (25334) 10-19 (25676) 20-49 (24004) 50-99 (8651) 100-249 (4659) 250-1000 (1660) 1000+ (219)

Relative TFP by Firm Size

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SLIDE 7

.2 .4 .6 .8 1

  • 4
  • 2

2 4 1-4 (25797) 5-9 (25334) 10-19 (25676) 20-49 (24004) 50-99 (8651) 100-249 (4659) 250-1000 (1660) 1000+ (219)

Relative TFP by Firm Size

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SLIDE 8

.2 .4 .6 .8 1

  • 4
  • 2

2 4 1-4 (25797) 5-9 (25334) 10-19 (25676) 20-49 (24004) 50-99 (8651) 100-249 (4659) 250-1000 (1660) 1000+ (219)

Relative TFP by Firm Size

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SLIDE 9

.2 .4 .6 .8 1

  • 4
  • 2

2 4 1-4 (25797) 5-9 (25334) 10-19 (25676) 20-49 (24004) 50-99 (8651) 100-249 (4659) 250-1000 (1660) 1000+ (219)

Relative TFP by Firm Size

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SLIDE 10

.2 .4 .6 .8 1

  • 4
  • 2

2 4 1-4 (25797) 5-9 (25334) 10-19 (25676) 20-49 (24004) 50-99 (8651) 100-249 (4659) 250-1000 (1660) 1000+ (219)

Relative TFP by Firm Size

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SLIDE 11

.2 .4 .6 .8

  • 2
  • 1

1 2 Textiles (783) Wearing Apparel (637) Chemicals (1245) Non-Metalic Minerals (924) Motor Vehicles and Parts (3710)

TFP Comparison for Selected Industries

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SLIDE 12

Implications

  • We can now start looking at the within and between sector

determinants of Firm level Total Factor Productivity.

  • This will allow us to identify those characteristics that more

productive firms share in order to better inform policy makers.

  • The size of the firms may be correlated with market power, so that mark-ups

may be driving the observed difference in productivity. This means that we may need to better account for industry mark-ups when informing policies.

  • Productivity may be related to export status across size.
  • We can further analyse the impact of tax incentives on the

productivity of firms.