Determinants of Capacity Utilization in Iranian Manufacturing Industries

Subject Areas : Financial Economics

مهران حافظی بیرگانی ¹ , محمد قلی یوسفی ² , علیرضا دقیقی ³ , تیمور محمدی ⁴

1 - گروه اقتصاد، دانشگاه آزاداسلامی، واحد تهران مرکزی، تهران، ایران.
2 - گروه اقتصاد دانشگاه علامه طباطبایی،تهران،ایران
3 - گروه اقتصاد واحد تهران مرکزی،دانشگاه آزاد اسلامی،تهران ،ایران
4 - گروه اقتصاد ،دانشگاه علامه طباطبایی،تهران،ایران

Received: 2021-01-16 Accepted : 2021-03-18 Published : 2021-05-22

Keywords: D24, E22, N65, L6, L52, D92, JEL Classification: O14,

Abstract :

The purpose of this study is to investigate the factors affecting the use of production capacity in Iran's manufacturing industries. Using the statistical information of Iran's manufacturing industries with international two-digit ISIC codes during the years 1381-96 and through the cost-transfer function, the minimum cost point as a level of cost corresponding to the optimal production or nominal capacity of different manufacturing companies Iran was estimated and the average ratio of real production to production with nominal capacity was calculated as a percentage of production capacity utilization for different industries. The results of the study show that with the exception of the petrochemical industry, other industries face little use of production capacity. On average, the country's industries use less than 50% of their capacity. This ratio is lower in some industries such as base metals (28.7%), paper (29.6%) and wood and wood products (24.1%) and in other industries except non-metallic mineral products (2 / 84%) is between 41% and 51%, which is very small in total.

References:

فهرست منابع

• توکلی، اکبر: آذربایجانی، کریم و شهریارپور، علی. (۱۳۷۹). اندازه گیری و تجزیه و تحلیل بهره وری عوامل تولید در صنایع ایران. مجله برنامه و بودجه، شماره ۵۲ و ۵۳، ص ۸۵ تا ۱۱۱.


• موسوی، سعید. (۱۳۸۳). صرفه های ناشی از مقیاس در صنایع ایران، رساله کارشناسی ارشد، دانشکده اقتصاد دانشگاه تهران.


• کزازی،ابوالفضل :تقوی فرد ،محمد تقی (تابستان 1399) سنجش آثار کمی تغییر سیاست های مالیاتی بر صنایع کشور (رهیافت داده – ستانده ) فصلنامه اقتصاد مالی ،شماره 51ص55 -82 .


• امینی،علیرضا :زارع ،سحر (بهار 1396) تحلیل نقش نرخ واقعی ارز ونوسانات آن صادرات صنعتی ایران فصلنامه اقتصاد مالی، شماره 38.


• دشتبان،منیژه :توفیق،فیروز (بهار 1397) آثارسرریز ناشی از گسترش صنایع در استان تهران بر استانهای همجوار (رویکرد جدول داده –ستانده بین منطقه ای ) فصلنامه اقتصاد مالی ،شماره 42 ص 149 تا 180.


• Afroz, G & Roy, D.K. (1976). Capacity Utilization in Selected Manufacturing Industries of Bangladesh, the Bangladesh Development Studies, Vol. 4, PP. 275-88


• Ahluwalia, IJ. (1991). Productivity Growth in India Manufacturing. Oxford University Press, New York, London.


• Ahluwalia, I. & Little IMD (eds.). (1998). India, Economic Reforms and Development. Oxford University Press, New York, London


• Betancourt, R. and Clague, C. (1981). Capital Utilization. New York: Cambridge University Press.


• Bautista, Ret. A.L. (1981). Capital Utilization in Manufacturing Washington: The World Bank


• Berndt, E.R. and Fuss, M.A. (1981). Capacity Utilization: Underlying Economic Theory and an Alternative Approach, American Economic Review, Vol. 71, No22, pp. 48-52


• Christensen, L.R., Jorgensen D.W. and Lau. L.J. (1973). Transcendental Logarithmic Production Frontiers. Review of Economics and Statistics, Vol. 55, No. 1, pp. 28-45.


• Cassel, J.M. (1937). Excess Capacity and Monopolistic Competition. Quarterly Journal of Economics, Vol. 51, No. 3, pp. 426-443.


• Denison, E. (1972). Measurement of Productivity. Survey of Current Business, Vol. 52, PP. 3-11


• Goldar, and V.S. Renganathan. (1991). Capacity utilization in Indian Industries. The Indian Economic Journal, Vol. 39, No. 2, Oct - Dec, pp. 82-


• Friedman, M. (1963). More on Archibald versus Chicago. Review of economic studies, Vol. 30, No. 1, PP. 65-67.


•  


• Hickman, B.G. (1964). On a New Method of Capacity Estimation. Journal of the American Statistical Association, Vol. 59, pp. 529-549


• Jorgenson, D.W. and Zvi G. (1967). The Explanation of Productivity Change. Review of Economic Studies, Vol. 34, No. 3, pp. 249-282


• Jorgenson, D.W. (1988). Productivity and Post War US Economic Growth. Journal of Economic Perspective, Vol. 2, No. 4, Pp. 23-41.


• Kim, Y.C. & Kwon, J.K. (1977), the Utilization of Capital and Growth of Output in Developing Economy. Journal of Development Economics, Vol. 4, issue. 3, pp. 265-78.


• Klein, L.R. (1960). Some Theoretical Issues in the Measurement of Capacity. Econometrical, Vol. 28, No. 2, pp. 272-286.


• Krishna, K.L. (1972). Industrial Capacity and Production in C. R. Rao, Data Base of Industrial Economy. Vol. 1, New Delhi.


• Lecraw, D.J. (1978). Determinants of Capacity Utilization by Firms in Less Developed Countries. Journal of Development Economics, Vol. 5, No. 2, pp. 139-153.


• Morrison, C.J. (1985). On the Economic Interpretation and Measurement of Optimal Capacity. Review of Economic Studies, Vol. LII, No. 2, pp. 295 - 310.


• Nadir, MI & Rosen S. (1969). Inter related Factor Demand Function. American Economic Review, and Vol. 59. PP. 130-41.


• Phan, T. (1981). Industrial Capacity and Employment. Westmeath, International LabourOrganisation.


• Philips, A. (1963). An Appraisal of Measures of Capacity. American Economic Review, Vol. 52, No. 2, PP. 295-92.


• Philips, A. (1970). Measuring Industrial Capacity and Capacity Utilization in Less Developed Countries. Industrialization and Productivity, Bulletin, No. 15, UNIDO, PP. 19-20.


• Ray, S.P. (2011). Measuring Capacity Utilization and Evaluating the Impact of Liberalization on Capacity Utilization of the Indian Drug and Pharmaceutical Industry. Journal of Emerging Knowledge on Emerging Markets, Vol. 3, PP 206-227.


• Ray, S.C. (1982). A Tran slog Cost function Analysis of US Agriculture. 1939-77. AJAE, Vol. 64: pp. 490-98.


• Paul, S. (1974). Growth and Utilization of Industrial Capacity. Economic and Political Weekly, Vol. 9, No. 49, December 7, pp. 2025 -2032.


• Paul, S. (1974). Industrial Performance and Government Control, in J.C. Sandesara (ed.). the Indian Economy: Performance and Prospects, University of Bombay.


• Seth, Vijay K. (1999). Capacity Utilization in Industries: Theory and Evidence. Deep and Deep Publisher, New Delhi.


• Srinivasan, P.V. (1992). Determinants of Capacity utilization in Indian Industries. Journal of Quantitative Economics, Vol. 8, 1, pp. 139 – 156.


• Uchikawa, S. (2001). Investment Boom and Under-Utilization of Capacity in the 1990s. Economic and Political weekly, August 25, pp. 3247 – 3253.


• Yousefi, M. (1994). Industrialization and Trade Policies. Deep and Deep Publisher, New Delhi.

یادداشت‌ها