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Privatization and regional agglomeration effect on technical efficiency of Bangladesh manufacturing industry


Baten, Md Azizul and Rana, Masud and Das, Sumonkanti and Nesa, Kamarun (2007) Privatization and regional agglomeration effect on technical efficiency of Bangladesh manufacturing industry. Journal of economic cooperation among Islamic countries, 28 (4). pp. 81-104. ISSN 0252-953X

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Abstract

This paper examines how far private investment in manufacturing industries of Bangladesh, together with the spatial agglomeration of those industries affect technical efficiency over the period 1981-82 through 1999-2000 using a panel data.Using the Translog stochastic frontier model outlined by (Huang and Liu, 1994:171) we found that private and foreign investment play an important role in explaining technical inefficiency, whereas impact of agglomeration is negligible.The paper also explored whether the degree of private investment has a greater impact on technical efficiency where the domestic industry is characterized by comparatively high productivity.The mean technical efficiency in the period analyzed was estimated to be 56.8%.

Item Type: Article
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
T Technology > TS Manufactures
Divisions: College of Arts and Sciences
Depositing User: Prof. Madya Dr. Md. Azizul Baten
Date Deposited: 21 Apr 2014 02:24
Last Modified: 21 Apr 2014 02:24
URI: http://repo.uum.edu.my/id/eprint/10631

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