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This study compares the sources of growth in East Asia with the rest of the world, using a methodology that allows one to decompose total factor productivity (TFP) growth into technical efficiency changes (catching up) and technological progress. It applies a varying coefficients frontier...
Persistent link: https://www.econbiz.de/10011521452
Persistent link: https://www.econbiz.de/10002573027
This paper quantifies how much of exports from eight East Asian economies were consumed by consumers in China, US, Japan, other developed economies, and the rest of the world. We control for the indirect exports through China, i.e., the parts and components that East Asian economies exported to...
Persistent link: https://www.econbiz.de/10014210752
Persistent link: https://www.econbiz.de/10001721691
Persistent link: https://www.econbiz.de/10002069362
This study applies a two-sector model to examine the conditions under which the excess labour force can be reallocated from the tradable to the nontradable sector during structural transformation. We find that to maintain employment stability, output in the nontradable sector should be...
Persistent link: https://www.econbiz.de/10012956902
Sources of growth in East Asia have been a controversial subject in the literature. This necessitates more empirical studies to see whether there is more convergence to a particular view of the sources of growth. This study provides a comprehensive examination of sources of growth that allows...
Persistent link: https://www.econbiz.de/10014123307
This study compares the sources of growth in East Asia with the rest of the world, using a methodology that allows one to decompose total factor productivity (TFP) growth into technical efficiency changes (catching up) and technological progress. It applies a varying coefficients frontier...
Persistent link: https://www.econbiz.de/10014088472