التغير التقني و النمو الاقتصادي : دراسة عن واقع صناعة الإسمنت السعودية

Abstract EN

Saudi cement industry experienced a substantial growth, particularly in the late seventies and early eighties.

The aim of this study is to analyze and investigate technical change and productivity in Saudi factories.

The Saudi cement industry has been selected as case study for this purpose since it represents the second largest industry in the country next to oil and petrochemical industries in terms of output, investment, and employment.

Cobb-Douglas production function and its various generalized forms have been utilized for estimating production parameters by using OLS techniques.

Based on the findings, transcendental production function proved to be the best in terms of explaining the relationship between technical change and output.

The results show that elasticities of capital and labor are 0.309 and 0.7994 respectively, while technical change was estimated to be 0.059.

This indicates that productivity in the Saudi cement industry was increasing by 5.9% per year during the period of 1961-87.