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The year 2023 commemorates the 30th anniversary of the publication of the influential, yet controversial, study The East Asian Miracle report by the World Bank (1993). An important part of the report's analysis was concerned with the sources of growth in East Asia. This was based on the...
Persistent link: https://www.econbiz.de/10014474496
The year 2023 commemorates the 30th anniversary of the publication of the influential, yet controversial, study The East Asian Miracle report by the World Bank (1993). An important part of the report's analysis was concerned with the sources of growth in East Asia. This was based on the...
Persistent link: https://www.econbiz.de/10014342095
Young (1995) estimated Total Factor Productivity (TFP) growth for Hong Kong, Taiwan, Singapore and South Korea. He … mainly to fast increase of inputs. Young (2000) also estimated the TFP growth rate of China to be 1.4% per year during the … real GDP, capital stock, and labor force for 30 provinces for 1978 to 1998 to estimate the TFP for the Chinese economy. Two …
Persistent link: https://www.econbiz.de/10005062403
This paper compares and contrasts the growth experience of India with that of China. Chinese economy has grown at much faster rate than Indian, but India seems to be catching up. The average estimated productivity growth rate of China (5.9%) is more than double that of India (2.4%). The...
Persistent link: https://www.econbiz.de/10014216160
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new economic superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades....
Persistent link: https://www.econbiz.de/10014063864
This paper examines and applies the theoretical foundation of the decomposition of economic and productivity growth to the thirty provinces in China's post-reform economy. The four attributes of economic growth are input growth, adjusted scale effect, technical progress, and efficiency growth. A...
Persistent link: https://www.econbiz.de/10013012043
This paper examines and applies the theoretical foundation of the decomposition of economic and productivity growth to the thirty provinces in China's post-reform economy. The four attributes of economic growth are input growth, adjusted scale effect, technical progress, and efficiency growth. A...
Persistent link: https://www.econbiz.de/10012832348
industry data from 2000 to 2012, we decompose total factor productivity (TFP) change into the four components of embodied … knowledge spillovers, particularly trade-induced spillovers, are more effective in inducing TFP growth than domestic spillovers …. Our analysis further illustrates a discrepancy in TFP growth rates between regions. We also find TFP of the Central and …
Persistent link: https://www.econbiz.de/10012934620
-time level effects on TFP. China now needs to adjust its reform program towards sustained increases in productivity. Market and …
Persistent link: https://www.econbiz.de/10005651740
, our findings show that TFP growth slowed significantly during 1995-2001. The study thus raises serious questions on …
Persistent link: https://www.econbiz.de/10005651785