We present total factor productivity growth (TFPG) calculations for Japan, South Korea and Taiwan, using a consistent methodology and data sets. We reassess the productivity growth experience of Korea and Taiwan, as compared to Japan and to previous work on Latin American countries. We conclude...

This paper compares the Nash Bargaining Solution and market outcomes in a simple n-person exchange economy. It shows how the two outcomes differ with respect toresponsiveness of equilibrium to differences in the curvature of the utility function, in endowments, and in market positions.