Abstract
The paper titled investigates the critical role of the manufacturing sector in achieving industrial development through the lens of productivity indicators. Recognizing that manufacturing serves as a primary engine for economic growth, the study focuses on labor and capital productivity as essential benchmarks for evaluating economic performance and industrial health. The research explores the strategic link between labor productivity, employment rates, and capital accumulation, noting that improvements in productivity—whether through physical capital investment or "residual factors" like training and technical skill—can significantly influence labor demand. Conversely, the authors argue that slow productivity growth can lead to imbalances, inflationary pressures, and fiscal strain, ultimately threatening sustainable industrial growth. By analyzing data from Iraq and selected Arab nations during the 1990s, the paper examines how fluctuations in production elements affect sectoral equilibrium and the overall competitive landscape. The findings emphasize that maintaining a balance between marginal productivity and cost is vital for ensuring that the manufacturing sector effectively contributes to national diversification and technological advancement, providing a roadmap for policy interventions aimed at stabilizing economic growth in the region.
DOI
10.33095/jeas.v16i57.1443
Subject Area
Economics
First Page
119
Last Page
133
Recommended Citation
Hussein, M. A., Ahmed, A. F., & Al-Abdal, S. A. (2010). Measuring and Analyzing the Effect of Labor Productivity and Capital on Manufacturing Industries in Iraq and Some Arab Countries for the Period 1990-2000. Journal of Economics and Administrative Sciences, 16(57), 119-133. https://doi.org/10.33095/jeas.v16i57.1443
