Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 508999
Title Bounded learning-by-doing and sources of firm level productivity growth in colombian food manufacturing industry
Author(s) Shee, Apurba; Stefanou, Spiro E.
Source Journal of Productivity Analysis 46 (2016)2. - ISSN 0895-562X - p. 185 - 197.
DOI https://doi.org/10.1007/s11123-016-0481-3
Department(s) Business Economics
WASS
Publication type Refereed Article in a scientific journal
Publication year 2016
Keyword(s) Bounded learning-by-doing - Colombian food manufacturing industry - Decomposition of productivity growth - Endogeneity corrected stochastic frontier - Firm-level productivity growth
Abstract

This paper models the bounded learning concept with the learning progress function characterized by the degree of efficiency and the specification of the learning progress as a logistic function capturing both the slow start-up and the limit in learning progress. We differentiate learning efficiency from the technical efficiency. The endogeneity corrected stochastic frontier model is then used to decompose the factor productivity growth into components associated with technological change, technical efficiency, scale, and learning. This productivity growth decomposition provides useful information and policy level insight in firm-level productivity analysis. Empirical results based on plant-level panel data on the Colombian food manufacturing industry for the period 1982–1998 suggest that productivity growth not only stems from technical progress, technical efficiency change, and scale but also from significant learning effect. The relative importance of the productivity growth components provides perspective for efficient resource allocation within the firm.

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