The impact of research and development activity on the TFP level in manufacturing in Poland

• Authors: Elżbieta Roszko-Wójtowicz , Maria M. Grzelak , Iwona Laskowska

Abstracts

EN

Research background: The paper presents the issue of total factor productivity in the manufacturing industry in Poland. It has been assumed that total factor productivity (TFP) is a synthetic measure of efficiency of the production process and a measure of the impact of technical progress on the rate of economic growth. Purpose of the article: The main aim of the paper is to assess the differentiation in the level of total factor productivity (TFP) occurring among the Section C manufacturing divisions in Poland. In particular, the paper raises the issue of measuring and analysing the relationship between expenditure on research and development and the level of TFP in manufacturing divisions in Poland. Methods: In the presented research, the TFP level was determined by using the two-factor Cobb-Douglas production function, while econometric panel models were used to assess the studied relationship. Findings & Value added: The presented considerations show that manufacturing divisions in Poland are diversified in terms of total factor productivity. Generally, manufacturing divisions with high R&D intensity, i.e. divisions classified as so-called high-tech ones, are characterised by a high TFP level. The econometric analysis carried out allows us to conclude that expenditure on R&D incurred in manufacturing enterprises significantly affects the level of TFP.

Keywords

EN

total factor productivity; research and development activity; Cobb-Douglas function; manufacturing divisions; panel models

• Publisher: Instytut Badań Gospodarczych
• Journal: Equilibrium. Quarterly Journal of Economics and Economic Policy
• Year: 2019
• Volume: 14
• Issue: 4
• Pages: 711-737

Dates

published

2019

Contributors

author

Elżbieta Roszko-Wójtowicz

• University of Łódź

• https://orcid.org/0000000193377218

author

Maria M. Grzelak

• University of Łódź

• https://orcid.org/0000000343539893

author

Iwona Laskowska

• University of Łódź

• https://orcid.org/0000000216575541

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Identifiers

DOI

10.24136/eq.2019.033

Biblioteka Nauki

22446391