Appendix Table 5. Net capital stock of Thailand at 1988 prices by major sector
All sectors (m. baht) | Agriculture | Manufacturing | Growth | |||||
(m. baht) | (% share) | (m. baht) | (% share) | All sectors | Agriculture | Manufacturing | ||
1980 | 1958342 | 282485 | 14.42 | 221262 | 11.30 | |||
1981 | 2109620 | 288052 | 13.65 | 239513 | 11.35 | 7.72 | 1.97 | 8.25 |
1982 | 2251264 | 291672 | 12.96 | 249992 | 11.10 | 6.71 | 1.26 | 4.38 |
1983 | 2425614 | 298429 | 12.30 | 279500 | 11.52 | 7.74 | 2.32 | 11.80 |
1984 | 2611594 | 300604 | 11.51 | 304000 | 11.64 | 7.67 | 0.73 | 8.77 |
1985 | 2775039 | 307789 | 11.09 | 317605 | 11.45 | 6.26 | 2.39 | 4.48 |
1986 | 2930305 | 321683 | 10.98 | 338577 | 11.55 | 5.60 | 4.51 | 6.60 |
1987 | 3134639 | 325415 | 10.38 | 379010 | 12.09 | 6.97 | 1.16 | 11.94 |
1988 | 3415707 | 333053 | 9.75 | 445113 | 13.03 | 8.97 | 2.35 | 17.44 |
1989 | 3785324 | 341623 | 9.02 | 527357 | 13.93 | 10.82 | 2.57 | 18.48 |
1990 | 4298800 | 356852 | 8.30 | 620933 | 14.44 | 13.56 | 4.46 | 17.74 |
1991 | 4877760 | 380197 | 7.79 | 732691 | 15.02 | 13.47 | 6.54 | 18.00 |
1992 | 5480415 | 404247 | 7.38 | 845710 | 15.43 | 12.36 | 6.33 | 15.43 |
1993 | 6127058 | 439632 | 7.18 | 963347 | 15.72 | 11.80 | 8.75 | 13.91 |
1994 | 6848472 | 479721 | 7.00 | 1089692 | 15.91 | 11.77 | 9.12 | 13.12 |
1995 | 7549430 | 510359 | 6.76 | 1209463 | 16.02 | 10.24 | 6.39 | 10.99 |
1996 | 8389886 | 550875 | 6.57 | 1363425 | 16.25 | 11.13 | 7.94 | 12.73 |
1997 | 8930490 | 603389 | 6.76 | 1469067 | 16.45 | 6.44 | 9.53 | 7.75 |
1998 | 9019444 | 623822 | 6.92 | 1467914 | 16.27 | 1.00 | 3.39 | -0.08 |
1999 | 9102169 | 633473 | 6.96 | 1472378 | 16.18 | 0.92 | 1.55 | 0.30 |
2000 | 9213961 | 655315 | 7.11 | 1 471 707 | 15.97 | 1.23 | 3.45 | -0.05 |
2001 | 9305348 | 671987 | 7.22 | 1489929 | 16.01 | 0.99 | 2.54 | 1.24 |
2002 | 9435260 | 693618 | 7.35 | 1520165 | 16.11 | 1.40 | 3.22 | 2.03 |
2003 | 9632773 | 717273 | 7.45 | 1566704 | 16.26 | 2.09 | 3.41 | 3.06 |
Average growth rate: | ||||||||
1980–1985 | 2355246 | 294839 | 12.66 | 268645 | 11.39 | 7.22 | 1.73 | 7.53 |
1985–1996 | 4967736 | 395954 | 8.52 | 736077 | 14.24 | 10.25 | 5.21 | 13.40 |
1996–1998 | 8779940 | 592695 | 6.75 | 1433469 | 16.33 | 6.19 | 6.95 | 6.80 |
1998–2003 | 9284826 | 665915 | 7.17 | 1498133 | 16.14 | 1.27 | 2.93 | 1.08 |
1980–2003 | 5650363 | 450482 | 9.03 | 857711 | 14.21 | 7.25 | 4.17 | 9.06 |
Source: National Economic and Social Development Board (N
Appendix Table 6. Number of agricultural equipment
2-wheel tractors | Big tractors | Water pumps | Threshing equipment | |||||
Unit | Growth | Unit | Growth | Unit | Growth | Unit | Growth | |
1980 | 280 591 | 37177 | 517 975 | 18 394 | ||||
1981 | 284 351 | 1.34 | 50 044 | 34.61 | 603 548 | 16.52 | 20601 | 12.00 |
1982 | 323 846 | 13.89 | 61840 | 23.57 | 780610 | 29.34 | 30 091 | 46.07 |
1983 | 364 948 | 12.69 | 68 024 | 10.00 | 858671 | 10.00 | 33100 | 10.00 |
1984 | 360243 | -1.29 | 28 340 | -58.34 | 564 915 | -34.21 | 28243 | -14.67 |
1985 | 402 082 | 11.61 | 31415 | 10.85 | 614 791 | 8.83 | 30762 | 8.92 |
1986 | 450 033 | 11.93 | 34 823 | 10.85 | 669 095 | 8.83 | 33 352 | 8.42 |
1987 | 515 075 | 14.45 | 40 450 | 16.16 | 768 328 | 14.83 | 34 884 | 4.59 |
1988 | 582753 | 13.14 | 45 544 | 12.59 | 851 349 | 10.81 | 37 028 | 6.15 |
1989 | 660685 | 13.37 | 51279 | 12.59 | 943 387 | 10.81 | 39 352 | 6.28 |
1990 | 750 542 | 13.60 | 57739 | 12.60 | 1 101 850 | 16.80 | 41876 | 6.41 |
1991 | 854279 | 13.82 | 65101 | 12.75 | 1220726 | 10.79 | 44626 | 6.57 |
1992 | 984 530 | 15.25 | 79 801 | 22.58 | 1 387 529 | 13.66 | 49637 | 11.23 |
1993 | 1 135742 | 15.36 | 98 096 | 22.93 | 1577220 | 13.67 | 55240 | 11.29 |
1994 | 1 311 426 | 15.47 | 120 751 | 23.09 | 1 792 953 | 13.68 | 61510 | 11.35 |
1995 | 1515693 | 15.58 | 148 841 | 23.26 | 2 038 314 | 13.68 | 68 527 | 11.41 |
1996 | 1 753 368 | 15.68 | 183704 | 23.42 | 2 317 392 | 13.69 | 76 386 | 11.47 |
1997 | 2 022467 | 15.35 | 218237 | 18.80 | 2624 304 | 13.24 | 83 575 | 9.41 |
1998 | 2 378 815 | 17.62 | 282 057 | 29.24 | 3 012 948 | 14.81 | 95 829 | 14.66 |
1999 | 2 786704 | 17.15 | 351 171 | 24.50 | 3448 297 | 14.45 | 107 645 | 12.33 |
2000 | 3 279 303 | 17.68 | 439139 | 25.05 | 3 954160 | 14.67 | 122 088 | 13.42 |
2001 | 3 851 541 | 17.45 | 553623 | 26.07 | 4 532 258 | 14.62 | 138 387 | 13.35 |
2002 | 4 523635 | 17.45 | 697 956 | 26.07 | 5194 774 | 14.62 | 156 862 | 13.35 |
2003 | 5109 060 | 12.94 | 821 014 | 17.63 | 5 821 329 | 12.06 | 169455 | 8.03 |
Average growth rate: | ||||||||
1980–1985 | 336 010 | 7.65 | 46140 | 4.14 | 656752 | 6.10 | 26 865 | 12.46 |
1985–1996 | 909 684 | 14.10 | 79795 | 16.97 | 1 273 578 | 12.51 | 47765 | 8.67 |
1996–1998 | 2 051 550 | 16.22 | 227 999 | 23.82 | 2651548 | 13.91 | 85263 | 11.85 |
1998–2003 | 3654 843 | 16.71 | 524 160 | 24.76 | 4 327 294 | 14.20 | 131711 | 12.52 |
1980–2003 | 1 520 071 | 13.54 | 190257 | 16.56 | 1 966 530 | 11.75 | 65 727 | 10.52 |
Source: Office of Agricultural Economics.
Appendix Table 7. Number of fishing units
No. of registered fishing units | No. of unregistered vessels* | No. of all fishing units | |
1980 | 19511 | 45 371 | 64 882 |
1981 | 14 723 | 34 237 | 48 960 |
1982 | 19 756 | 45 941 | 65 697 |
1983 | 17 386 | 40 430 | 57 816 |
1984 | 16 806 | 39 081 | 55 887 |
1985 | 15 977 | 36 973 | 52 950 |
1986 | 15916 | 37191 | 53107 |
1987 | 16 054 | 37 210 | 53 264 |
1988 | 15 550 | 37 871 | 53 421 |
1989 | 20 979 | 32 601 | 53 580 |
1990 | 21547 | 32191 | 53 738 |
1991 | 18 260 | 35 637 | 53 897 |
1992 | 16 820 | 37 237 | 54 057 |
1993 | 18146 | 36 071 | 54 217 |
1994 | 17 657 | 36 720 | 54 377 |
1995 | 17 281 | 37 257 | 54 538 |
1996 | 17 950 | 38 014 | 55 964 |
1997 | 18182 | 38 506 | 56 688 |
1998 | 18 439 | 39 050 | 57 489 |
1999 | 16 921 | 35 835 | 52 756 |
2000 | 17 295 | 36 627 | 53 922 |
2001 | 15 945 | 33 768 | 49 713 |
2002 | 15 924 | 33 724 | 49 648 |
2003 | 15 983 | 33 849 | 49 832 |
Average growth rate: | |||
1980–1985 | 17 360 | 40 339 | 57 699 |
1985–1996 | 17 678 | 36 248 | 53 926 |
1996–1998 | 18190 | 38 523 | 56 714 |
1998–2003 | 16 751 | 35 475 | 52 227 |
1980–2003 | 17 459 | 37141 | 54 600 |
Sources: Office of Agricultural Economics.
Department of Fisheries.
Appendix Table 8. Contribution of inputs and TFP to growth by major sector
GDP growth | Labour adjusted for quality | Land | Capital | TFP(1) | TFP (2) | ||
Employment (1) | Working hours (2) | ||||||
a) All sectors | |||||||
1981–1985 | 5.45 | 2.45 | 1.51 | 0.07 | 2.35 | 0.58 | 1.52 |
1985–1996 | 8.78 | 1.84 | 1.61 | 0.02 | 4.88 | 2.04 | 2.27 |
1996–1998 | -1.99 | 0.96 | 0.63 | 0.01 | 3.30 | -6.27 | -5.94 |
1998–2003 | 2.18 | 1.24 | 0.69 | 0.01 | 0.66 | 0.26 | 0.81 |
1981–2003 | 6.07 | 1.93 | 1.47 | 0.03 | 3.28 | 0.84 | 1.29 |
(100.00) | (31.77) | (24.24) | (0.46) | (54.00) | (13.77) | (21.30) | |
b) Agriculture | |||||||
1981–1985 | 4.26 | 1.03 | 0.40 | 0.36 | 0.84 | 2.03 | 2.65 |
1985–1996 | 3.54 | -0.17 | -0.43 | 0.12 | 2.62 | 0.97 | 1.24 |
1996–1998 | 0.57 | 0.03 | -0.32 | 0.07 | 3.04 | -2.57 | -2.22 |
1998–2003 | 3.43 | -0.11 | -1.33 | 0.12 | 1.45 | 1.98 | 3.20 |
1981–2003 | 3.43 | 0.23 | -0.28 | 0.16 | 2.06 | 0.98 | 1.50 |
(100.00) | (6.81) | (-8.09) | (4.64) | (59.90) | (28.65) | (43.55) | |
c) Crop | |||||||
1981–1985 | 5.26 | 0.92 | 0.22 | 0.47 | 2.46 | 1.41 | 2.11 |
1985–1996 | 2.96 | -0.46 | -0.79 | 0.18 | 0.91 | 2.33 | 2.66 |
1996–1998 | 2.30 | -0.32 | -0.75 | 0.18 | 1.97 | 0.47 | 0.90 |
1998–2003 | 4.20 | -1.01 | -2.43 | 0.17 | 0.99 | 4.04 | 5.47 |
1981–2003 | 3.57 | -0.11 | -0.70 | 0.23 | 1.35 | 2.09 | 2.68 |
(100.00) | (-3.03) | (-19.64) | (6.52) | (37.86) | (58.66) | (75.27) | |
d) Livestock | |||||||
1981–1985 | 1.82 | 2.53 | 3.06 | 0.16 | 3.55 | -4.42 | -4.95 |
1985–1996 | 4.14 | 1.19 | 2.45 | 0.00 | 0.33 | 2.62 | 2.45 |
1996–1998 | -0.89 | 0.27 | -0.02 | -0.46 | -6.75 | 6.06 | 6.34 |
1998–2003 | 4.10 | 6.65 | 5.85 | 0.00 | -2.28 | -0.26 | 0.53 |
1981–2003 | 3.59 | 2.73 | 2.65 | -0.02 | -0.28 | 1.16 | 1.24 |
(100.00) | (76.12) | (73.73) | (-0.42) | (-7.89) | (32.20) | (34.59) | |
e) Fishery | |||||||
1981–1985 | 4.74 | 8.63 | 6.17 | 0.03 | 2.36 | -6.28 | -3.82 |
1985–1996 | 7.97 | 2.53 | 2.44 | 0.02 | 4.22 | 1.20 | 1.30 |
1996–1998 | -1.43 | 1.90 | 1.64 | 0.02 | 6.16 | -9.50 | -9.25 |
1998–2003 | 1.24 | 1.02 | 0.78 | 0.03 | 4.82 | -4.62 | -4.38 |
1981–2003 | 5.36 | 2.54 | 1.99 | 0.02 | 3.96 | -1.16 | -0.61 |
(100.00) | (47.36) | (37.03) | (0.42) | (73.90) | (-21.68) | (-11.35) | |
f) Freshwater fishery | |||||||
1981–1985 | 1.73 | 3.54 | 3.01 | 0.11 | 9.17 | -11.10 | -10.56 |
1985–1996 | 6.71 | 3.20 | 3.31 | 0.11 | 6.48 | -3.08 | -3.19 |
1996–1998 | 3.55 | 2.42 | 2.19 | 0.18 | 5.45 | -4.49 | -4.27 |
1998–2003 | 6.61 | 3.24 | 2.99 | 0.27 | 6.62 | -3.53 | -3.28 |
1981–2003 | 5.20 | 2.91 | 2.83 | 0.13 | 6.66 | -4.50 | -4.41 |
(100.00) | (56.00) | (54.36) | (2.46) | (128.00) | (-86.46) | (-84.82) | |
g) Marine fishery | |||||||
1981–1985 | 5.58 | 12.89 | 9.38 | 0.64 | -7.95 | 4.44 | |
1985–1996 | 8.20 | 3.57 | 3.31 | 3.73 | 0.90 | 1.16 | |
1996–1998 | -2.04 | 2.01 | 1.18 | 5.89 | -9.94 | -9.11 | |
1998–2003 | 1.42 | -0.45 | -0.70 | 4.05 | -2.17 | -1.93 | |
1981–2003 | 6.37 | 3.48 | 2.69 | 3.14 | -0.26 | 0.54 | |
(100.00) | (54.73) | (42.17) | (49.36) | (-4.09) | (8.47) |
Appendix Table 9. Comparison of TFP growth in Thailand, 1981–1995
Tinakorn & Sussangkarn (1998) | Shintani (2003)* | |||||||
With quality adjusted employment | Agriculture | |||||||
All sectors | Agriculture | Stock | Flow | |||||
TFP | Contribution | TFP | Contribution | TFP | Contribution | TFP | Contribution | |
1981–1985 | 0.07 | 1.28 | 1.81 | 42.49 | 0.43 | 13.87 | 0.55 | 17.82 |
1986–1990 | 2.81 | 27.18 | 0.19 | 5.99 | 1.33 | 27.73 | 1.73 | 36.08 |
1991–1995 | -0.09 | -1.05 | 0.81 | 21.83 | 1.30 | 34.84 | 1.67 | 44.98 |
1981–1995 | 0.93 | 11.45 | 0.93 | 25.07 | 0.37 | 35.14 | 0.48 | 12.78 |
* reestimated, base year = 1950.
Appendix Table 10. Growth accounting (whole economy)
All sectors | ||||||||
GDP growth | Labour adjusted for quality | Land adjusted for irrigation | Net capital stock | TFP (1) | TFP (2) | |||
Employment (1) | Working hours (2) | |||||||
1981 | 5.91 | 5.51 | 5.79 | 0.09 | 2.43 | -2.12 | -2.40 | |
1982 | 5.35 | 2.27 | -2.04 | 0.08 | 2.09 | 0.91 | 5.23 | |
1983 | 5.58 | 1.95 | 2.51 | 0.07 | 2.45 | 1.12 | 0.55 | |
1984 | 5.75 | 2.22 | 1.91 | 0.08 | 2.52 | 0.93 | 1.24 | |
1985 | 4.65 | 0.30 | -0.63 | 0.06 | 2.24 | 2.05 | 2.98 | |
1986 | 5.53 | 3.25 | 3.52 | 0.03 | 2.24 | 0.01 | -0.26 | |
1987 | 9.52 | 2.59 | 1.42 | 0.02 | 2.98 | 3.93 | 5.10 | |
1988 | 13.29 | 3.88 | 4.24 | 0.03 | 4.09 | 5.29 | 4.93 | |
1989 | 12.19 | 2.47 | 3.75 | 0.01 | 5.12 | 4.59 | 3.31 | |
1990 | 11.17 | 1.14 | -1.35 | 0.01 | 6.61 | 3.40 | 5.89 | |
1991 | 8.56 | 1.38 | 2.97 | 0.01 | 6.38 | 0.78 | -0.81 | |
1992 | 8.08 | 3.51 | 3.40 | 0.01 | 5.63 | -1.07 | -0.96 | |
1993 | 8.25 | 1.21 | -0.20 | 0.01 | 5.65 | 1.38 | 2.79 | |
1994 | 8.99 | 0.45 | 1.30 | 0.01 | 6.02 | 2.51 | 1.66 | |
1995 | 9.24 | 1.83 | 1.74 | 0.01 | 5.63 | 1.77 | 1.86 | |
1996 | 5.90 | 0.06 | -0.80 | 0.01 | 5.98 | -0.15 | 0.72 | |
1997 | -1.37 | 2.88 | 2.17 | 0.01 | 3.42 | -7.67 | -6.96 | |
1998 | -10.51 | -0.04 | 0.54 | 0.01 | 0.52 | -10.99 | -11.57 | |
1999 | 4.45 | 1.22 | 0.41 | 0.03 | 0.48 | 2.71 | 3.53 | |
2000 | 4.65 | 1.62 | 1.93 | 0.01 | 0.64 | 2.38 | 2.07 | |
2001 | 1.94 | 1.76 | -1.08 | 0.01 | 0.51 | -0.34 | 2.50 | |
2002 | 5.67 | 1.38 | 1.09 | 0.01 | 0.71 | 3.57 | 3.86 | |
2003 | 6.87 | 1.52 | 1.28 | 0.02 | 1.08 | 4.25 | 4.49 | |
Average growth rate: | ||||||||
1981–1985 | 5.45 | 2.45 | 1.51 | 0.07 | 2.35 | 0.58 | 1.52 | |
1985–1990 | 9.39 | 2.27 | 1.83 | 0.03 | 3.88 | 3.21 | 3.66 | |
1990–1996 | 8.60 | 1.37 | 10.01 | 0.01 | 5.98 | 1.23 | 1.59 | |
1996–1998 | -1.99 | 0.96 | 0.63 | 0.01 | 3.30 | -6.27 | -5.94 | |
1998–2003 | 2.18 | 1.24 | 0.69 | 0.01 | 0.66 | 0.26 | 0.81 | |
1981–2003 | 6.07 | 1.93 | 1.47 | 0.03 | 3.28 | 0.84 | 1.29 |
Appendix Table 11. Growth accounting (agriculture)
Agricultural sectors | |||||||
GDP growth | Labour adjusted for quality | Land adjusted for irrigation | Net capital stock | TFP (1) | TFP (2) | ||
Employment (1) | Working hours (2) | ||||||
1981 | 5.12 | 4.09 | 4.75 | 0.40 | 1.04 | -0.41 | -1.07 |
1982 | 2.47 | -1.12 | -4.14 | 0.34 | 0.65 | 2.60 | 5.62 |
1983 | 4.77 | 0.76 | 1.41 | 0.31 | 1.13 | 2.56 | 1.92 |
1984 | 4.42 | 2.43 | 1.98 | 0.40 | 0.33 | 1.25 | 1.71 |
1985 | 4.51 | -1.03 | -1.97 | 0.33 | 1.06 | 4.14 | 5.09 |
1986 | 0.38 | 0.33 | 0.54 | 0.16 | 2.22 | -2.33 | -2.54 |
1987 | 0.07 | 0.19 | -0.84 | 0.14 | 0.61 | -0.88 | 0.15 |
1988 | 10.51 | 3.90 | 3.99 | 0.17 | 1.27 | 5.17 | 5.08 |
1989 | 9.60 | 2.52 | 3.80 | 0.04 | 1.37 | 5.67 | 4.39 |
1990 | -4.69 | -1.22 | -3.87 | 0.08 | 2.42 | -5.95 | -3.31 |
1991 | 7.26 | -1.93 | -0.05 | 0.09 | 3.54 | 5.55 | 3.67 |
1992 | 4.79 | 2.65 | 2.44 | 0.08 | 3.33 | -1.28 | -1.06 |
1993 | -2.43 | -2.93 | -4.62 | 0.12 | 4.36 | -3.99 | -2.29 |
1994 | 4.95 | -0.30 | 1.35 | 0.07 | 4.56 | 0.62 | -1.03 |
1995 | 3.45 | -2.36 | -2.46 | 0.08 | 3.09 | 2.65 | 2.74 |
1996 | 4.14 | -1.83 | -3.54 | 0.11 | 3.56 | 2.30 | 4.01 |
1997 | -0.90 | 1.86 | 2.82 | 0.05 | 4.10 | -6.91 | -7.87 |
1998 | -1.52 | 0.07 | -0.24 | 0.06 | 1.45 | -3.11 | -2.80 |
1999 | 2.17 | -2.30 | -3.81 | 0.24 | 0.68 | 3.55 | 5.06 |
2000 | 6.44 | 1.74 | 2.12 | 0.08 | 1.58 | 3.04 | 2.66 |
2001 | 2.68 | -1.09 | -5.94 | 0.08 | 1.25 | 2.44 | 7.29 |
2002 | 2.12 | 1.11 | 0.85 | 0.10 | 1.75 | -0.85 | -0.59 |
2003 | 8.71 | -0.18 | -0.97 | 0.15 | 1.96 | 6.78 | 7.57 |
Average growth rate: | |||||||
1981–1985 | 4.26 | 1.03 | 0.40 | 0.36 | 0.84 | 2.03 | 2.65 |
1985–1990 | 3.40 | 0.78 | 0.28 | 0.15 | 1.49 | 0.97 | 1.48 |
1990–1996 | 2.50 | -1.13 | -1.54 | 0.09 | 3.55 | -0.01 | 0.39 |
1996–1998 | 0.57 | 0.03 | -0.32 | 0.07 | 3.04 | -2.57 | -2.22 |
1998–2003 | 3.43 | -0.11 | -1.33 | 0.12 | 1.45 | 1.98 | 3.20 |
1981–2003 | 3.43 | 0.23 | -0.28 | 0.16 | 2.06 | 0.98 | 1.50 |
Appendix Table 12. Growth accounting (crops)
Crops | |||||||
GDP growth | Labour adjusted for quality | Land adjusted for irrigation | Capital | TFP (1) | TFP (2) | ||
Employment (1) | Working hours (2) | ||||||
1981 | 6.32 | 4.31 | 5.11 | 0.47 | -1.02 | 2.56 | 1.75 |
1982 | 1.85 | -1.80 | 4.99 | 0.44 | 1.83 | 1.38 | 4.57 |
1983 | 6.44 | 1.33 | 1.83 | 0.43 | 0.57 | 4.10 | 3.61 |
1984 | 6.14 | 2.65 | 2.16 | 0.57 | 10.82 | -7.90 | -7.41 |
1985 | 5.58 | -1.92 | -3.03 | 0.46 | 0.12 | 6.91 | 8.03 |
1986 | -3.51 | 0.83 | 1.01 | 0.21 | -0.43 | 4.12 | 4.29 |
1987 | -3.58 | -0.66 | -1.90 | 0.19 | -0.60 | -2.50 | -1.27 |
1988 | 15.43 | 5.48 | 5.53 | 0.28 | -0.64 | 10.30 | 10.25 |
1989 | 10.93 | 2.96 | 4.52 | 0.06 | -10.35 | 18.26 | 16.71 |
1990 | -8.48 | -2.09 | -5.27 | 0.11 | 5.51 | -12.00 | -8.83 |
1991 | 6.29 | -2.86 | -0.53 | 0.13 | 5.72 | 3.31 | 0.98 |
1992 | 3.96 | 3.73 | 3.31 | 0.12 | 4.74 | -4.63 | 4.21 |
1993 | -7.30 | -5.02 | -6.97 | 0.16 | 3.95 | -6.39 | 4.45 |
1994 | 4.31 | -0.31 | 1.79 | 0.10 | -1.22 | 5.74 | 3.64 |
1995 | 5.10 | -3.03 | -3.26 | 0.15 | 2.14 | 5.85 | 6.08 |
1996 | 6.79 | -2.61 | 4.68 | 0.16 | 1.98 | 7.26 | 9.33 |
1997 | 0.56 | 2.60 | 3.86 | 0.27 | 1.97 | -4.28 | -5.54 |
1998 | -0.45 | -0.95 | -1.43 | 0.12 | 1.96 | -1.57 | -1.09 |
1999 | 3.16 | -3.96 | -5.74 | 0.32 | 1.28 | 5.53 | 7.31 |
2000 | 8.08 | 2.61 | 3.03 | 0.21 | 0.46 | 4.80 | 4.38 |
2001 | 3.20 | -3.81 | -9.57 | 0.10 | 0.55 | 6.36 | 12.11 |
2002 | 0.94 | 1.13 | 0.87 | 0.14 | 0.43 | -0.76 | -0.50 |
2003 | 10.26 | -1.08 | -1.76 | 0.15 | 1.27 | 9.91 | 10.59 |
Average growth rate: | |||||||
1981–1985 | 5.26 | 0.92 | 0.22 | 0.47 | 2.46 | 1.41 | 2.11 |
1985–1990 | 2.73 | 0.77 | 0.14 | 0.22 | -1.06 | 2.81 | 3.43 |
1990–1996 | 1.53 | -1.74 | -2.23 | 0.13 | 3.26 | -0.12 | 0.36 |
1996–1998 | 2.30 | -0.32 | -0.75 | 0.18 | 1.97 | 0.47 | 0.90 |
1998–2003 | 4.20 | -1.01 | -2.43 | 0.17 | 0.99 | 4.04 | 5.47 |
1981–2003 | 3.57 | -0.11 | -0.70 | 0.23 | 1.35 | 2.09 | 2.68 |
Appendix Table 13. Growth accounting (livestock)
Livestock | |||||||
GDP growth | Labour adjusted for quality | Land adjusted for irrigation | Capital | TFP (1) | TFP (2) | ||
Employment (1) | Working hours (2) | ||||||
1981 | -2.78 | 2.98 | 8.26 | 0.56 | 8.77 | -15.09 | -20.36 |
1982 | 2.99 | 9.60 | 2.57 | 0.16 | 5.98 | -12.75 | -5.72 |
1983 | 5.23 | -5.07 | -1.21 | 0.07 | -1.17 | 11.39 | 7.53 |
1984 | 0.70 | 2.45 | 1.60 | -0.04 | 1.26 | -2.96 | -2.11 |
1985 | 2.96 | 2.69 | 4.08 | 0.05 | 2.92 | -2.69 | 4.08 |
1986 | 11.70 | -3.14 | -2.88 | 0.05 | -0.98 | 15.78 | 15.52 |
1987 | 8.26 | 9.38 | 9.45 | -0.08 | -1.90 | 0.86 | 0.79 |
1988 | 4.46 | -3.39 | -3.67 | -0.07 | -0.29 | 8.20 | 8.49 |
1989 | 9.26 | 2.18 | 3.14 | -0.02 | 0.96 | 6.14 | 5.18 |
1990 | 2.32 | 7.32 | 5.38 | -0.03 | 4.67 | -9.63 | -7.69 |
1991 | 0.95 | 2.72 | 5.76 | 0.02 | -3.03 | 1.24 | -1.80 |
1992 | 3.18 | 0.63 | 0.96 | 0.03 | 1.87 | 0.65 | 0.33 |
1993 | 3.88 | 6.28 | 2.91 | 0.07 | -1.94 | -0.54 | 2.83 |
1994 | -0.12 | -7.66 | -6.88 | 0.13 | 2.31 | 5.11 | 4.33 |
1995 | 0.72 | 0.41 | 2.21 | -0.13 | -1.94 | 2.38 | 0.58 |
1996 | 2.10 | -3.20 | -4.14 | 0.03 | 1.28 | 4.00 | 4.93 |
1997 | 2.12 | -1.22 | -1.76 | -1.15 | -11.61 | 16.10 | 16.64 |
1998 | -6.89 | 5.22 | 5.85 | -0.27 | -9.92 | -1.92 | -2.55 |
1999 | 1.21 | 2.43 | 1.97 | 0.39 | 0.69 | -2.31 | -1.84 |
2000 | 6.81 | 0.77 | 1.34 | -0.45 | -2.34 | 8.83 | 8.25 |
2001 | 8.81 | 15.43 | 13.81 | 0.12 | -5.39 | -1.35 | 0.27 |
2002 | 6.67 | 3.12 | 1.98 | 0.07 | 1.53 | 1.95 | 3.10 |
2003 | 8.01 | 12.91 | 10.17 | 0.14 | 1.75 | -6.78 | 4.05 |
Average growth rate: | |||||||
1981–1985 | 1.82 | 2.53 | 3.06 | 0.16 | 3.55 | -4.42 | -4.95 |
1985–1990 | 6.49 | 2.51 | 2.58 | -0.02 | 0.89 | 3.11 | 3.03 |
1990–1996 | 1.86 | 0.93 | 0.89 | 0.02 | 0.46 | 0.46 | 0.50 |
1996–1998 | -0.89 | 0.27 | -0.02 | -0.46 | -6.75 | 6.06 | 6.34 |
1998–2003 | 4.10 | 6.65 | 5.85 | 0.00 | -2.28 | -0.26 | 0.53 |
1981–2003 | 3.59 | 2.73 | 2.65 | -0.02 | -0.28 | 1.16 | 1.24 |
Appendix Table 14. Growth accounting (fishery)
Fishery | |||||||
GDP growth | Labour adjusted for quality | Land adjusted for irrigation | Capital | TFP (1) | TFP (2) | ||
Employment (1) | Working hours (2) | ||||||
1981 | 18.70 | 30.43 | 23.78 | 0.01 | -4.59 | -7.14 | -0.49 |
1982 | 8.16 | -13.59 | -12.57 | 0.03 | 11.98 | 9.73 | 8.71 |
1983 | 0.91 | 5.60 | 2.95 | 0.09 | 0.81 | -5.60 | -2.95 |
1984 | -2.89 | 2.18 | 0.18 | -0.02 | 1.53 | -6.58 | -4.58 |
1985 | -1.16 | 18.54 | 16.50 | 0.05 | 2.07 | -21.80 | -19.77 |
1986 | 8.04 | 0.76 | 2.18 | 0.03 | 2.10 | 5.16 | 3.74 |
1987 | 12.57 | -0.71 | 1.43 | 0.05 | 6.90 | 6.32 | 4.19 |
1988 | 2.83 | -4.12 | -5.10 | 0.04 | 7.24 | -0.33 | 0.65 |
1989 | 10.62 | 3.38 | 4.98 | 0.01 | 11.09 | -3.86 | -5.46 |
1990 | 7.50 | 4.55 | 2.23 | -0.02 | -0.46 | 3.42 | 5.75 |
1991 | 24.23 | -5.32 | -3.39 | 0.02 | 3.01 | 26.52 | 24.59 |
1992 | 7.89 | 2.86 | 3.93 | 0.00 | 1.34 | 3.69 | 2.62 |
1993 | 13.16 | 2.51 | -2.06 | 0.00 | 2.07 | 8.58 | 13.15 |
1994 | 9.13 | 2.95 | 6.38 | 0.01 | 3.47 | 2.70 | -0.73 |
1995 | 1.93 | -3.63 | -3.92 | 0.00 | 3.60 | 1.97 | 2.25 |
1996 | -1.11 | 8.63 | 6.08 | 0.00 | 8.21 | -17.95 | -15.40 |
1997 | -4.64 | -2.71 | -2.59 | 0.01 | 1.88 | -3.83 | -3.95 |
1998 | 1.46 | -0.24 | 1.42 | 0.04 | 8.39 | -6.73 | -8.40 |
1999 | -0.13 | 5.74 | 3.91 | 0.02 | 0.78 | -6.66 | -4.83 |
2000 | 0.23 | -4.85 | -4.36 | 0.02 | 7.61 | -2.55 | -3.04 |
2001 | 0.49 | 7.09 | 4.68 | 0.01 | -3.50 | -3.10 | -0.70 |
2002 | 2.09 | 2.05 | 2.28 | -0.01 | 0.03 | 0.03 | -0.20 |
2003 | 3.33 | -3.69 | -3.26 | 0.13 | 15.60 | -8.71 | -9.14 |
Average growth rate: | |||||||
1981–1985 | 4.74 | 8.63 | 6.17 | 0.03 | 2.36 | -6.28 | -3.82 |
1985–1990 | 6.73 | 3.73 | 3.70 | 0.03 | 4.82 | -1.85 | -1.82 |
1990–1996 | 8.96 | 1.79 | 1.32 | 0.00 | 3.03 | 4.13 | 4.60 |
1996–1998 | -1.43 | 1.90 | 1.64 | 0.02 | 6.16 | -9.50 | -9.25 |
1998–2003 | 1.24 | 1.02 | 0.78 | 0.03 | 4.82 | -4.62 | -4.38 |
1981–2003 | 5.36 | 2.54 | 1.99 | 0.02 | 3.96 | -1.16 | -0.61 |
Appendix Table 15. Growth accounting (freshwater fishery)
Freshwater fishery | |||||||
GDP growth | Labour adjusted for quality | Land adjusted for irrigation | Capital | TFP (1) | TFP (2) | ||
Employment (1) | Working hours (2) | ||||||
1981 | 11.57 | 9.15 | 7.56 | 0.03 | 4.97 | -2.58 | -1.00 |
1982 | -21.79 | -8.13 | -8.41 | 0.10 | 10.11 | -23.88 | -23.59 |
1983 | 14.36 | 7.81 | 9.87 | 0.30 | 15.59 | -9.34 | -11.39 |
1984 | 3.89 | 8.52 | 5.57 | -0.08 | 4.24 | -8.78 | -5.84 |
1985 | 0.62 | 0.37 | 0.46 | 0.20 | 10.93 | -10.89 | -10.98 |
1986 | 4.64 | 1.09 | 1.76 | 0.13 | 8.35 | -4.92 | -5.59 |
1987 | 10.47 | -6.20 | -6.65 | 0.33 | 18.41 | -2.08 | -1.63 |
1988 | -8.27 | 3.67 | 3.39 | 0.27 | 14.93 | -27.14 | -26.85 |
1989 | 0.71 | 5.23 | 7.38 | 0.08 | 4.81 | -9.42 | -11.56 |
1990 | 10.04 | 10.69 | 11.85 | -0.14 | -7.50 | 6.98 | 5.82 |
1991 | 13.53 | -10.04 | -9.46 | 0.14 | 9.23 | 14.21 | 13.62 |
1992 | 3.63 | 5.50 | 5.57 | 0.05 | 1.26 | -3.18 | -3.25 |
1993 | 21.65 | 12.72 | 7.33 | 0.05 | 1.37 | 7.50 | 12.89 |
1994 | 11.32 | 3.58 | 8.94 | 0.12 | 2.18 | 5.44 | 0.09 |
1995 | -0.42 | 1.04 | 2.64 | 0.04 | 5.48 | -6.98 | -8.58 |
1996 | 12.58 | 10.72 | 6.50 | 0.05 | 8.34 | -6.53 | -2.31 |
1997 | -4.34 | -7.22 | -6.72 | 0.07 | 0.56 | 2.25 | 1.75 |
1998 | 2.41 | 3.76 | 6.80 | 0.41 | 7.44 | -9.20 | -12.24 |
1999 | 15.44 | 10.17 | 4.23 | 0.17 | 1.94 | 3.16 | 9.09 |
2000 | 1.97 | -4.20 | -2.05 | 0.21 | 10.50 | -4.54 | -6.69 |
Average growth rate: | |||||||
1981–1985 | 1.73 | 3.54 | 3.01 | 0.11 | 9.17 | -11.10 | -10.56 |
1985–1990 | 3.03 | 2.48 | 3.03 | 0.15 | 8.32 | -7.91 | -8.47 |
1990–1996 | 10.33 | 4.89 | 4.77 | 0.04 | 2.91 | 2.49 | 2.61 |
1996–1998 | 3.55 | 2.42 | 2.19 | 0.18 | 5.45 | -4.49 | -4.27 |
1998–2000 | 6.61 | 3.24 | 2.99 | 0.27 | 6.62 | -3.53 | -3.28 |
Appendix Table 16. Growth accounting (marine fishery)
Marine fishery | ||||||
GDP growth | Labour adjusted for quality | Capital | TFP (1) | TFP (2) | ||
Employment (1) | Working hours (2) | |||||
1981 | 20.20 | 40.75 | 32.15 | -4.35 | -16.20 | -7.61 |
1982 | 13.97 | 1.00 | 1.89 | 7.98 | 5.00 | 4.10 |
1983 | -0.89 | -4.22 | -9.81 | -1.47 | 4.80 | 10.39 |
1984 | -3.93 | -9.02 | -7.56 | 0.87 | 4.22 | 2.76 |
1985 | -1.45 | 35.92 | 30.22 | 0.18 | -37.55 | -31.85 |
1986 | 8.61 | -0.55 | 0.78 | 0.53 | 8.63 | 7.30 |
1987 | 12.91 | 11.06 | 15.19 | 2.74 | -0.89 | -5.02 |
1988 | 4.61 | -9.54 | -10.19 | 3.64 | 10.51 | 11.16 |
1989 | 12.01 | 0.74 | 2.16 | 17.29 | -6.02 | -7.44 |
1990 | 7.18 | -0.43 | -4.16 | 4.26 | 3.34 | 7.07 |
1991 | 25.61 | 0.48 | 3.51 | -0.47 | 25.60 | 22.57 |
1992 | 8.39 | 1.89 | 3.44 | 1.39 | 5.11 | 3.56 |
1993 | 12.21 | -2.24 | -5.92 | 2.58 | 11.87 | 15.55 |
1994 | 8.86 | 3.05 | 5.52 | 4.39 | 1.43 | -1.05 |
1995 | 2.23 | -5.89 | -6.71 | 1.59 | 6.52 | 7.34 |
1996 | -2.77 | 8.40 | 5.91 | 6.64 | -17.80 | -15.32 |
1997 | -4.68 | -0.35 | -0.65 | 2.92 | -7.26 | -6.95 |
1998 | 1.32 | -2.01 | -1.71 | 8.11 | -4.77 | -5.07 |
1999 | -2.34 | 3.67 | 3.39 | -0.51 | -5.51 | -5.22 |
2000 | 5.29 | -3.02 | -3.76 | 4.55 | 3.75 | 4.50 |
Average growth rate: | ||||||
1981–1985 | 5.58 | 12.89 | 9.38 | 0.64 | -7.95 | 4.44 |
1985–1990 | 7.31 | 6.20 | 5.67 | 4.77 | -3.66 | -3.13 |
1990–1996 | 8.82 | 0.75 | 0.23 | 2.91 | 5.15 | 5.67 |
1996–1998 | -2.04 | 2.01 | 1.18 | 5.89 | -9.94 | -9.11 |
1998–2000 | 1.42 | -0.45 | -0.70 | 4.05 | -2.17 | -1.93 |
With the assumption of profit maximization, the growth-accounting approach solves the problem relating to the measurement of the unobservable output elasticity with respect to each input by using the share of factor incomes. Then we can straightforwardly compute the technical change as described below. We first write the production function in a general form with inputs i.
y(t) = f (x1(t), x2(t),…, xn (t), t) | (1) | ||
where | y(t) = output at time t | ||
xi(t) = input i at time t | ; i = 1,…,n |
Then equation 1 is differentiated with respect to time, we derive
or | (2) |
where the dot over a variable indicates differentiation with respect to time. Divide equation (2) by (1) and we get
or | (3) |
where | |
From equation 3, technical change is the difference between output growth and the sum of all input growth weighted by output elasticity with respect to each input. In order to compute the growth of TFP, we need to know the output elasticity with respect to input i. Following the assumptions of profit maximization and producer's equilibrium whereby each input is employed up to the point where its marginal product equals its marginal cost, we can replace output elasticity with respect to input i with factor income shares going to input i. In principle, we can obtain the values of factor income shares from the national income accounts. There are problems involved in measuring TFP as residual. We must also note that factors other than technical change like economies of scale, cyclical effects and the contribution of omitted inputs may also be captured by the TFP residual. This is a serious issue. When we mismeasure the growth of inputs, we wrongly attribute a part of output growth to TFP growth when it was in fact due to the growth in inputs. Therefore, when measuring TFP growth by the residual, we have to be certain that our measurement of inputs is correct, because otherwise part of output growth will be wrongly attributed to TFP growth. By the same token, if we overestimate growth in inputs, too little output growth will be attributed to TFP growth.
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