has led many economists to believe that productivity growth in these economies, particularly in their manufacturing … productivity) gains from an outward orientation. This view fails to take into account the equally unusual rapid growth of both … envelope calculations to show that, as regards productivity growth in the aggregate economy and in manufacturing in particular …

quadrupling of the investment to GDP ratio in these economies, one arrives at total factor productivity growth rates, both for the … productivity in these economies is not …

remainder. The productivity performance of the non-agricultural economy during the reform period is respectable, but not …