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The endogeneity of the natural rate of growth for a selection of Asian countries
Dray, Mark; Thirlwall, A. P. - 2010
The paper questions the assumption in all of mainstream growth theory that the Harrod natural rate of growth is exogenously determined and independent of the pressure of demand in an economy. First a simple statistical technique is presented for estimating the natural rate of growth, and then it...
Persistent link: https://www.econbiz.de/10010277851
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The endogeneity of the natural rate of growth for a selection of Asian countries
Dray, Mark; Thirlwall, Anthony P. - 2010
The paper questions the assumption in all of mainstream growth theory that the Harrod natural rate of growth is exogenously determined and independent of the pressure of demand in an economy. First a simple statistical technique is presented for estimating the natural rate of growth, and then it...
Persistent link: https://www.econbiz.de/10008749715
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Significance of development stage theory for explaining industrial growth pattern between Asian NICs and selected advanced economies
Nam, Chang-woon - 2002
The East Asian miracle was real. Prior to the 1997 economic and currency crises, Asian NICs Hong Kong, Korea, Singapore and Taiwan achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly determined by the industrial development triggered by...
Persistent link: https://www.econbiz.de/10011409015
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Significance of Development Stage Theory for Explaining Industrial Growth Pattern between Asian Nics and Selected Advanced Economies
Nam, Chang Woon - 2021
The East Asian miracle was real. Prior to the 1997 economic and currency crises, Asian NICs --Hong Kong, Korea, Singapore and Taiwan-- achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly determined by the industrial development triggered...
Persistent link: https://www.econbiz.de/10013320627
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The Endogeneity of the Natural Rate of Growth for a Selection of Asian Countries
Dray, Mark; Thirlwall, A.P. - School of Economics, University of Kent - 2010
The paper questions the assumption in all of mainstream growth theory that the Harrod natural rate of growth is exogenously determined and independent of the pressure of demand in an economy. First a simple statistical technique is presented for estimating the natural rate of growth, and then it...
Persistent link: https://www.econbiz.de/10008462011
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Past, Present, and Prospects for Thailand’s Growth: A Labor Market Perspective
Chuenchoksan, Sra; Nakornthab, Don - Bank of Thailand - 2008
Using growth accounting and econometric estimation methodologies, we investigate Thailand’s growth developments from … 1972 to 2007 and project forward Thailand’s supply-side long-term potential growth till 2035. Our analysis is framed in … terms of labor productivity and labor market developments. In this respect, the macroeconomic impact of Thailand’s ageing …
Persistent link: https://www.econbiz.de/10010618228
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China's exports in ICT and its impact on Asian countries
Xing, Yuqing - 2008
other Asian countries: Indonesia, Malaysia, Philippines, Singapore, South Korea and Thailand. The empirical analysis shows …
Persistent link: https://www.econbiz.de/10010273476
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Firm’s Intangible Assets and Multinational Activity: Joint-Venture Versus FDI
Gattai, Valeria - 2005
This paper provides a theoretical formalisation of the joint-venture contract, as an alternative to Foreign Direct Investment (FDI), within a Dissipation of Intangible Assets framework. In a two-period, two-country equilibrium model, we discuss how the threat of knowledge spillover shapes the...
Persistent link: https://www.econbiz.de/10010312564
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China's exports in ICT and its impact on Asian countries
Xing, Yuqing (contributor) - 2008
other Asian countries: Indonesia, Malaysia, Philippines, Singapore, South Korea and Thailand. The empirical analysis shows …
Persistent link: https://www.econbiz.de/10003725608
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Government Fiscal Policies and Redistribution in Asian Countries
Claus, Iris - 2012
This paper assesses the impact of government fiscal policies on income inequality in Asia. It discusses the role and effectiveness of redistributive fiscal policies and quantifies the effects of taxation and government expenditure on income distributions. Panel estimation for 150 countries with...
Persistent link: https://www.econbiz.de/10013098095