Determination and Analysis of Factors Productivity of Medium and Small Scale Manufactories in Toos Industrial Town

اقتصاد پولی مالی

Article 3, Volume 16, Issue 29, January 2011   

Document Type: پژوهشی

DOI: 10.22067/pm.v16i29.27195

Authors

Mohammadreza Lotfalipour^* ; Majid Derakhshani

Abstract

The aim of the paper is to survey factors productivity in Small & Medium Scale Manufactories located in Toos industrial town. In order to achieve this purpose, production functions of different industrial groups are estimated on the base of cross-section data in 2005. Then elasticity of factors production, average productivity, marginal productivity, labor intensive and capital intensive are derived from the functions. Obtained results indicate that except basic metal industries, all groups and total industry had increasing returns to scale. Moreover the maximum of labor & capital productivity belongs to the food industry & industrial equipment group respectively. Also the maximum of labor intensive belongs to food industry and the maximum of capital intensive belongs to industrial equipment group.

Keywords

productivity; Production function; Labor intensive; Manufactories; Toos industrial town