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:: Volume 25, Number 82 (quartery journal of Economic Research and Policies 2017) ::
3 2017, 25(82): 311-330 Back to browse issues page
Evaluating the Productivity of Selected Steel Production Firms in Iran: A Malmquist Approach
Mr Mehdi Rezai *, Mrs Parisa Yaghobi Manzari2
Institute For Trade Studies and Research (ITSR), No. 1204, Hamedan Alley, Keshavrz-Karghare Shomali Intersection, Karghare Shomali St, Tehran, Iran , mehdirezai@gmail.com
2- No. 1204, Hamedan Alley, Keshavrz-Karghare Shomali Intersection, Karghare Shomali St, Tehran, Iran
Abstract:   (187 Views)

The productivity is the most important factor for industrial competiveness. Since the steel industry is resource-based and Iran has required natural resources for the industry, the steel industry has crucial role in the country’s economy. Therefore, this article examine the changes of TFP of four major Iranian steel companies including Khuzestan Steel, Khorasan Steel, Isfahan Steel and Mobarakeh Steel through a Malmquist Index for the period 1389-1393. The results show that TFP changes in the steel companies are deeply affected by the technical changes. The average of TFP annual growth for these companies is totally about 4 percent and their TFP changes trend is affected by the technical changes that confirms the importance of improving technology in the industry. The factors like equipment and machineries updating, link between higher education and industries, and attracting foreign direct investment which improve production technology, can improve the productivity of the steel industry.
 
 

Keywords: Total Factor Productivity, Malmquist Index, the Iranian Steel Companies
Full-Text [PDF 977 kb]   (59 Downloads)    
Type of Study: Research | Subject: General
Received: 2017/03/16 | Accepted: 2017/09/10 | Published: 2017/09/10
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Rezai M, Yaghobi Manzari P. Evaluating the Productivity of Selected Steel Production Firms in Iran: A Malmquist Approach . 3. 2017; 25 (82) :311-330
URL: http://qjerp.ir/article-1-1737-en.html
Volume 25, Number 82 (quartery journal of Economic Research and Policies 2017) Back to browse issues page
فصلنامه پژوهشها و سیاستهای اقتصادی Journal of Economic Research and Policies
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