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RIEB, Kobe University Site Map Access 日本語 Home Research & Education Publications RIEB Discussion Paper Series (English) RIEB Discussion Paper Series No.2012-01 RIEB Discussion Paper Series No.2012-01 Title Productivity and Openness: Firm Level Evidence in Brazilian Manufacturing Industries Abstract This study investigates the productivity of Brazilian manufacturing industries, particularly addressing the influence of liberalization on productivity. We first calculate total factor productivity (TFP) by estimating the stochastic frontier production function and the inefficiency determination equation simultaneously. Then TFP growth rates are regressed on openness-related variables and other firm characteristics. The results show that firm openness to the world is a crucial determinant of their productivity. Data used for this study were obtained from the Investment Climate Survey, provided by the World Bank. Keywords TFP, liberalization, Brazil, stochastic frontier analysis JEL Classification D22, O12, O54 Inquiries Wenjun LIU College of Economics and Management, Univ. of South China Hengyang, Hunan Province, China Shoji NISHIJIMA Research Institute for Economics and Business Administration, Kobe University, Nada-ku, Kobe, Japan About RIEB Faculty Seminars at RIEB Research & Education Sections Kobe University Site Policy Site Map Access Contact Us Copyright©1996-2018 Research Institute for Economics and Business Administration, Kobe University. All Rights Reserved.