The international garment trade was liberalized in 2005 following the termination of the MFA
(Multifibre Arrangement) and ever since then, price competition has intensified. Employing a unique firm dataset collected by the authors, this paper examines the changes in the performance of Cambodian garment firms between 2002/03 and 2008/09. During the period concerned, frequent firm turnover led to an improvement of the industry’s productivity, and the study found that the average total-factor productivity (TFP) of new entrants was substantially higher than that of exiting firms. Furthermore, we observed that thanks to productivity growth, an improvement in workers’ welfare, including a rise in the relative wages of the low-skilled, was taking place. These industrial dynamics differ considerably from those indicated by the “race to the bottom” argument as applied to labor-intensive industrialization in low income countries.
権利
Copyrights 日本貿易振興機構（ジェトロ）アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp
雑誌名
IDE Discussion Paper
雑誌名(英)
IDE Discussion Paper
巻
268
発行年
2010-12
出版者
Institute of Developing Economies (IDE-JETRO)
著者版フラグ
publisher
日本十進分類法
589.202235
JEL分類
JEL:D24 - Production;
JEL:J31 - Wage Level and Structure;etc.
JEL:L67 - Other Consumer Nondurables:
JEL:O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology
JEL:O53 - Asia including Middle East
地域/国名
カンボジア
キーワード(LSH)
Cambodia
Firm turnover
Garments
Labor-intensive industrialization
Multifibre arrangement
Race to the bottom
Total factor productivity
Apparel industry
Productivity
Wages
Employment
Firm dynamics in the Cambodian garment industry: firm turnover, productivity growth, and wage profile under trade liberalization
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