In this paper, we review the econometric studies of East Asian growth by Kim and Lau (1994) as well as Young (1994). Constructing a multi-sectoral model of technological transfer, we affirm the complementarity thesis of Kim and Lau: knowledge capital and physical capital accumulation (as well as...

Chapter 1. Introduction -- Part I. The Drive for Development -- Chapter 2. Enter local control -- Chapter 3. The force unleashed -- Part II. The Growth Mechanism -- Chapter 4. Hardware and software -- Chapter 5. Mechanization, automation and the labor market -- Chapter 6. Scale of operations --...

Purpose This paper aims to investigate empirically whether Islamic securities enhance economic growth in the Southeast Asian region based on the endogenous growth theory using the non-parametric analysis. Design/methodology/approach This paper applies panel quantile regression with Markov chain...