This study decomposes the nonparametric Malmquist productivity index for 36 Korean manufacturing sectors into two … quite different growth patterns, productivity growth is dominated by technological change. Technological change is found to … relationship between productivity growth measures and several key policy variables, such as effective protection rate, market …

championed on grounds of improving productivity, efficiency, and competitiveness. In a developing economy this is a costly … proposition due to capital scarcity, and the effect of technological changes on productivity and efficiency levels have to be … estimated before taking such policies. This paper seeks to estimate trends in Factor Productivity, Technological Progress, and …