Economic Policy Management
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Browsing Economic Policy Management by Author "Dr. Basim Makhool"
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- ItemAn Econometric Analysis of Production Function: The Case Study of Palestinian Industry(2004) Nasr Abdallah Qasim Abd- Alhkaleq; Dr. Basim MakhoolThe main objective of this study was to estimate the production function of the Palestinian industry. The empirical results have been utilized to estimate production elastic ties, and elasticity of substitution. In addition, the study sought to calculate marginal productivity and the production technology and find out, whether the Palestinian industry was labor intensive or capital intensive. To these ends, the research used two methods for data analysis: descriptive and qualitative. The descriptive analysis was based on calculation of economic indicators United Nations Industrial Development Organization in 2000. The qualitative analysis estimated production function by using the analysis of regression crosssuction data, collected published by Palestinian Central Bureau of Statistics (PCBS) have been collected. The empirical results showed that the technology applied by Palestinian industry was labor intensive. The share of labor cost of total production accounted for 72%, while the cost of capital amounts to 28% of total output. Furthermore, production elasticity, with the respect to labor, was found to be highly greater than production elasticity with respect to capital. However, the marginal productivity of labor and capital was found to be 7.2 and 0.4 respectively. This implies that employing additional labor (head) will increase output by $7,200. On the other hand, output will increase only by $400 if capital increases by $1,000. This result suggests that cost of capital in Palestinian industry was very high. The performance of large firms was found to be similar to the total firms. The marginal productivity, with respect to labor for large and total firms, was about $7,290 and $7,200 respectively. Also, marginal productivity of capital, for large and total firms was $500 and $400 respectively. The marginal substitution average in the Palestinian industry was about 17.96. this mean that increasing labor elements (factor) by one unit will require a sacrifice of some 17.96 units of capital. Pertaining to large firms, they were found to be generally labor intensive. The contribution of labor element to production in their firms was 71%, whereas the share of capital was 29%. The marginal product of the labor element in large firm was about 7.29 while that of capital was 0.50, thus reflecting low efficiency of capital employed in large firms in the Palestinian Territories, on the other hand, and the important role played by labor element in production and manufacturing process, on the other hand, the average of marginal substitution of labor element was 14.5. Based on the empirical results the following recommendations have been drawn: 1- Job creation in the Palestinian Territories could be achieved through establishing labor- intensive firms. 2- Labor productivity should be upgraded and rehabilitated to operate with capital efficiently. 3- Research and development should be enhanced to improve the performance of the Palestinian industrial sector. 4- The performance of the infrastructure should be developed and maintained. 5- Other measures should be applied to create appropriate environment required to activate the role of the industrial sector in the Palestinian economy.estine
- ItemThe Role Of Industrial Estates In Solving The Problems Of Industrial Sector: A Study Case Concerning Stone Industry In Jenin Governorate(2003) Yousef M. Yassir Yousef AL Sae' d; Dr. Basim MakhoolThis study has been concentrated on the role of the industrial estates in solving the problems of the industrial sector: a case study about stone industry in Jenin Governorate. This study consists of seven chapters: the first chapter discussed the methodology of study and its objectives. The second chapter discussed the connotation of industrial estate and its types, its objectives and its role in development. It has been clear that the industrial estates share in supporting development in general and supporting the industrial sector in particular. It helps as a planning of rural and urban areas. The third chapter discussed the strategy of the industrial estate through its program as well as the factors and criteria of its success and failure. It is clear that unless the governments share or help in a well - established scientific studied sketch. The existence of industrial estates may become more exposed to success or failure. Its effects may be limited by the objectives for which they were erected to support the procedure of development for these countries. The fourth chapter discussed the status of the stone industry in Palestine, because it has been clear that stone industry is one of the most sensitive sectors in Palestine: which was adversely affected by the Israeli policy that aims at eradicating Al- Aqsa Uprising , this has a negative reflection on the productivity and profitability of this vital industry . The fifth chapter discussed the study of the opinions of the owners of the stone industry. It focused on the research method, the society, the sample of the study and the statistical treatment of the results. The sixth chapter discussed the results of the survey and identifying the role of the variables included in the study .To realizes this, a questionnaire has been developed and proved. After collecting data and after it has been proved to be true, it has been symbolized and introduced to the computer and it has been tested statistically by using the statistical package for social sciences (spss) . Analyzing and testing these hypotheses have been done and several results have been achieved. In the seventh chapter the results and the recommendations of the study have been supplied. This study accomplished the following results: - Industrial estates are an efficient means capable to achieve a great number of economical objectives. - The successes of the industrial estates are limited unless the countries care for sharing or helping in laying a scientific and well studied planning for these estates. - Stone industry is still suffering from damages which results from the Israeli tyranny and injustice which aims at eradicating Al- Aqsa Uprising; this has a negative policy concerning the productivity and profitability of this vital industry. - About 90% of the locations of this stone industry is built on agricultural and housing land in Jenin Governorate. - About 56.5% of those who were surveyed refuse to move to the industrial estates and prefer to remain where they are this reinforce that moving which must be accomplished by groups of motives. The degree of support of the owners of stone industry which is licensed is greater than not licensed for the role of industrial estates in solving the problems of the industrial sector in stone industry in Jenin Governorate. -The degree of support of the owners of stone industry for the role of industrial estates in solving the problems of industrial sector in stone industry in Jenin Governorate does not differ concerning the following variables : the land on which the project is done , the location of the project , the size of capitalism, the classification of the location of the project , the age of the project ,the type of the project , the legal shape, the type of the stone , moving to industrial estates , stability , ways of getting rid of solid wastes , ways of getting rid of liquid wastes and number of workers in the project . -The degree of support from the owners of stone industry is great to the role of industrial estates in solving the problems of industrial sector in Jenin Governorate. The relative importance to entire degree is 78% and this is a high degree.