Productivity and openness: firm level evidence in Brazilian manufacturing industries

Wenjun Liu () and Shoji Nishijima

Economic Change and Restructuring, 2013, vol. 46, issue 4, 363-384

Abstract: This study investigates the productivity of Brazilian manufacturing industries, particularly addressing the influence of liberalization on productivity. We first calculate total factor productivity (TFP) by estimating the stochastic frontier production function and the inefficiency determination equation simultaneously. Then TFP growth rates are regressed on openness-related variables and other firm characteristics. The results show that firm openness to the world is a crucial determinant of their productivity. Data used for this study were obtained from the Investment Climate Survey, provided by the World Bank. Copyright Springer Science+Business Media New York 2013

Keywords: TFP; Liberalization; Brazil; Stochastic frontier analysis; JEL Classification; D21; O12; O54 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (7)

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Working Paper: Productivity and Openness: Firm Level Evidence in Brazilian Manufacturing Industries (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:ecopln:v:46:y:2013:i:4:p:363-384

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DOI: 10.1007/s10644-012-9131-6

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