محددات الانتاجية الكلية لعوامل الإنتاج في فلسطين

Abstract EN

This study aimed to examine and analyse the Determinant total factor productivity in Palestine.

The researcher used econometrics model which is compatible with the privacy of the Palestinian economy, in order to determine the contribution of production factors in economic growth as a first step.

Moreover, the study aimed to analyze the determinants and the factors affecting the growth of total factor productivity (TFP) during the period (1996-2010).

To achieve this goal the researcher used time series analysis method.

The results have shown that economic variables contain the root of unity, which is unstable over time.

However, it became stable after first differences.

The researcher subjected the variables to Johansson integration test, which proved the existence of two bounds of integration between the variables of the study.

The study found number of results, including: the importance of the effect of real effective exchange rate, direct credit facilities, economic openness, inflation, and foreign direct investment.

The contribution of these factors was significant and consistent with the economic theory.

Both inflation, and direct credit facilities, statistically was not significant.

However, inflation effect was consistent with the economic theory in this area.

While, in contrast, the contribution of direct credit facilities is inconsistent with the economic theory.

The study recommended to focus on strengthening positive factors affecting the growth of the overall productivity of the factors of production: fetching foreign direct investment and enhancing the role of exports Also, banks are required to specify a great deal of direct credit facilities volume of productivity sectors.