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Trade Arrangements, Productivity Growth and Firm Level Efficiency


Marketed By :  VDM Verlag Dr. Müller   Sold By :  Kamal Books International  
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Rs. 5,886

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  • Product Description

Textiles and clothing industries play significant role during the embryonic stages of development, but free trade in textiles was limited through protective measures, such as the Multi Fibre Arrangement (MFA). From the 1990''s, as trade restrictions were eliminated, small players in the world market such as Australia and Bangladesh were faced with a number of policy questions. This book provides an analytical overview of the impact of globalisation, microeconomic reform and firm-level responses for the textiles and clothing industries in the two economies. Dynamic comparative advantage and product life cycle hypothesis has been analysed with estimation of revealed comparative advantage (Balassa, 1965) for selected developed and developing economies. Subsectoral performance has been evaluated with productivity measured using both parametric and non-parametric techniques. Tornqvist''s (1936) non parametric superlative index with underlying flexible form translog function, as popularised by Diewert (1976, 1978), has been used to index output, input and TFP growth. Stochastic frontier functions are used to examine firm level efficiencies and the factors causing efficiency variations.

Product Specifications
SKU :COC42342
Number of Pages340
Publishing Year2010-05-10T00:00:00.000
Edition1 st
Book TypePrimary industries
Country of ManufactureIndia
Product BrandVDM Verlag Dr. Müller
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-01-08 00:00:00