Productivity Measurements in the Libyan Manufacturing Sector
Journal Article

It has become firmly established the productivity is the real source of and important for economic growth of any country; it has an essential role in the economies of developed and developing countries alike. It allows the nation to raise its standard of living, to support such social goals as education and health care, and to contribute to other aspects of the general welfare; it is an essential underpinning of the nation's security (Stupak and Leitner, 2001). Increased productivity is the key to economic progress, where the standard of living of communities and income levels depend on the progress of the level of productivity; higher levels of productivity in economies lead to increased rates of growth and prosperity (Seid, 1996).

Naser Sassi Mohamed Tawiri, (03-2015), Libya: مجلة آفاق اقتصادية, 2 (1), 2-19

Domestic Investment as a Drive of Economic Growth in Libya
Journal Article

This study aimed to identify the impact of domestic investment as a determinant of growth in the Libyan economy during the period (1962-2008). Cobb-Douglas Function was used to analyze the relationship between real per-capita GDP and its most important determinants as described in Cobb-Douglas function. Properties of time series of the model variables have been analyzed by using several tests for determining the integration level of each time series separately. By using Johansen approach, the results showed the significance of the impact of investment on per-capita GDP, the results of tests revealed equilibrium relationship between per-capita GDP and its determinants in the

long and short-run. The study concluded that the elasticity of per-capita GDP to changes in domestic

investment is greater than the elasticity of labour force which appeared inelastic in the short and long-term.

Naser Sassi Mohamed Tawiri, (03-2013), Libya: University Bulletin, 3 (15), 111-132