Productivity and Openness: Firm Level Evidence in Brazilian Manufacturing Industries

Wenjun Liu and Shoji Nishijima
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Wenjun Liu: College of Economics and Management, University of South China, China

No DP2012-01, Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University

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.

Keywords: TFP; Liberalization; Brazil; Stochastic frontier analysis (search for similar items in EconPapers)
JEL-codes: D22 O12 O54 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2012-01
New Economics Papers: this item is included in nep-bec
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Productivity and openness: firm level evidence in Brazilian manufacturing industries (2013)
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