Total factor productivity growth accounting in the construction industry of Singapore

Construction Management and Economics

Volumn 21, Issue 7, 2003, Pages 707-718

  Zhi, Mao ^a   Hua, Goh Bee ^a   Wang, Shou Qing ^b   Ofori, George ^a  

^a NATIONAL UNIVERSITY OF SINGAPORE   (Singapore)

^b TSINGHUA UNIVERSITY   (China)

Author keywords

Growth accounting; Indicators; Singapore; Total factor productivity; Translog production function

Indexed keywords

COSTS; INDUSTRIAL ECONOMICS; PRODUCTIVITY;

ECONOMIC GROWTH; TOTAL FACTOR PRODUCTIVITY (TFP);

CONSTRUCTION INDUSTRY;

CONSTRUCTION INDUSTRY; INDUSTRIAL PERFORMANCE; PERFORMANCE ASSESSMENT; TOTAL FACTOR PRODUCTIVITY;

SINGAPORE;

EID: 0345415602     PISSN: 01446193     EISSN: None     Source Type: Journal    
DOI: 10.1080/0144619032000056126     Document Type: Article

References (47)

1. Allen, S.G. (1985) Why construction industry productivity is declining. The Review of Economics and Statistics, 67, 661-9.
2. Building and Construction Authority (BCA) (2000) Survey of the Construction Industry 1998, BCA, Singapore.
3. Chau, K.W. and Walker A. (1988) The measurement of total factor productivity of the Hong Kong Construction Industry. Construction Management and Economics, 6, 209-24.
4. Chau, K.W. (1993) Estimating industry-level productivity trends in the building from building cost and price data. Construction Management and Economics, 11, 370-83.
5. Construction 21 Committee (1999) Construction 21: Reinvent Construction, Ministry of Manpower and Ministry of National Development, Singapore.
6. Construction Industry Development Board (CIDB) (1985-1999) Annual Report, CIDB, Singapore.
7. Construction Industry Development Board (CIDB) (1987) Construction Manpower Report 1987, CIDB, Singapore.
8. Construction Industry Development Board (CIDB) (1988-1999) CIDB Construction Economics Report, CIDB, Singapore.
9. Construction Industry Development Board (CIDB) (1992-1997) Construction Industry Manpower Survey, CIDB, Singapore.
10. Construction Industry Development Board (CIDB) (1998) Census of the Construction Industry 1996. CIDB, Singapore.
11. Construction Industry Development Board Task Force on Productivity (1992) Raising Singapore's construction productivity, CIDB, Singapore.
12. Dacy, D.C. (1965) Productivity price trends in construction since 1947. Review of Economics and Statistics, 47.
13. De Long, J.B. and Summers, L. (1992) Equipment investment and economic growth: how strong is the nexus? Brookings Papers on Economic Activity, 2, 157-99.
14. Denison, E.F. (1967) Why Growth Rates Differ, Washington, DC, Brookings Institution.
15. Denison, E.F. (1972) Classification of sources of growth. Review of Income and Wealth, 18(1), 22-5.
16. Department of Statistics Singapore (DOS) (1992) Singapore's Corporate Sector: Size, Composition and Financial Structure, DOS, Singapore.
17. Department of Statistics Singapore (DOS) (1997) Multifactor Productivity Growth in Singapore: Concept, Methodology and Trends, DOS, Singapore.
18. Department of Statistics Singapore (DOS) (1998) Singapore's Corporate Sector 1986-1995, DOS, Singapore.
19. Department of Statistics Singapore (DOS) (2000) Singapore's Corporate Sector 1996-1997, DOS, Singapore.
20. Department of Statistics Singapore (DOS), (1978) (1983) (1985) (1988) (1990) (1995) Singapore Input-Output Tables, DOS, Singapore.
21. Fabricant, S. (1942) Employment in Manufacturing, 1899-1939: An Analysis of its Relation to the Volume of Production, New York, National Bureau of Economic Research.
22. Fabricant, S. (1983) Productivity measurement and analysis: an overview, in Nihon Seisansei Honbu (ed.) Measuring Productivity: Trends and Comparisons from the First International Productivity Symposium, UNIPUB, New York.
23. Gollop, F.M. (1985) Analysis of the productivity slowdown: Evidence for a sector-biased or sector-neutral industrial strategy, in W.J. Baumol and K. McLennan (eds) Productivity Growth and US Competitiveness, Oxford University Press, Oxford.
24. Griliches, Z. (1980) Returns to research and development expenditures in the private sector, in J.W. Kendrick and B.N. Vaccara (eds) New Development in Productivity Measurement and Analysis NBER Studies in Income and Wealth, Vol 44. University of Chicago Press, Chicago.
25. Jorgenson, D.W., Gollop, F. and Fraumeni, B. (1987) Productivity and US Economic Growth, Cambridge, MA, Harvard University Press.
26. Kendrick, J.W. (1981) International comparisons of recent productivity trends, in Essays in Contemporary Economic Problems: Demand, Productivity, and Population, American Enterprise Institute.
27. Lall, S. (1982) Developing Counties as Exporters of Technology: A First Look at the Indian Experience, Macmillan, London.
28. Levitan, S.A. and Wernke, D. (1984) Productivity: Problems, Prospects, and Policies, The John Hopkins University Press, Baltimore.
29. Lucas, R.E. (1988) On the mechanics of economic development. Journal of Money Economics, 22(1), 3-42.
30. Ministry of Labour (1983-1996) Singapore Yearbook of Labour Statistics, Ministry of Research and Statistics Dept., Labour, Singapore.
31. Ministry of Labour (1995) Profile of the Labour Force of Singapore 1983-1994, Research and Statistics Dept., Ministry of Labour, Singapore.
32. Ministry of Labour (1995-1998), Report on the Labour Force Survey of Singapore, Ministry of Research and Statistics Dept., Labour, Singapore.
33. Ministry of Manpower (1997-1999) Singapore Yearbook of Manpower Statistics, Manpower Research and Statistics Dept., Ministry of Manpower, Singapore.
34. Monetary Authority of Singapore (2000) A Closer Look at Economic Growth, Monetary Authority of Singapore, Singapore.
35. National Research Council (1979), Measurement and Interpretation of Productivity, National Academy of Science. Washington, DC.
36. National Science & Technology Board (1993-1999) National Survey of R & D Singapore, National Science & Technology Board, Singapore.
37. Ofori, G. (1990) The Construction Industry: Aspects of its Economics and Management, Singapore University Press, Singapore.
38. Ofori, G. (1994) Construction industry development: role of technology transfer, Construction Management and Economics, 1994(12), 379-92.
39. Oulton, N. and O'Mahony, M. (1994) Productivy and Growth: a Study of British Industry, 1954-1986, Cambridge University Press, Cambridge.
40. Romer, P.M. (1986) Increasing returns and long-run growth. Journal of Political Economy, 94(5), S71-S102.
41. Science Council of Singapore (1983-1999), National Survey of R & D Expenditure & Manpower, Science Council of Singapore, Singapore.
42. Solow, R. (1957) Technical change and aggregate production function. Review Economics and Statistics, 39, 312-20.
43. Stokes, H.K.Jr. (1981) An examination of the productivity decline in the construction industry. The Review of Economics and Statistics, 63, 495-502.
44. Tan W. (2000) Total factor productivity in Singapore construction. Engineering, Construction and Architecture Management, 2000, 7(2), 154-58.
45. Valdés, B. (1999) Economic Growth: Theory, Empirics and Policy, Edward Elgar Publishing Limited, Cheltenham, UK and Northampton, MA, USA.
46. Wolff, E.N. (1981) The accumulation of wealth over the life-cycle: a microdata analysis. The Review of Income and Wealth, 27(2), June.
47. Young, A. (1993) Invention and bounded learning by doing. Journal of Political Economy, 101(3), 443-72.