This unique book provides comparative economic studies of Taiwan and Korea, and compares them mostly with Japan and the United States and finds that, in terms of the real GDP per capita in PPP, these emerging East Asian countries are still emerging in the world economy. This book contributes to...

Causality and exogeneity between exports and economic growth : the case of Asian NICs -- The chaotic attractor of foreign direct investment : why China? : a panel data analysis -- FDI, exports, and GDP in East and Southeast Asia : panel data versus time-series causality analyses -- FDI, exports,...

Using time-series and panel data from 1986 to 2004, this paper examines the Granger causality relations between GDP, exports, and FDI among China, Korea, Taiwan, Hong Kong, Singapore, Malaysia, Philippines, and Thailand, the eight rapidly developing East and Southeast Asian economies. After...

Using Maddison's data, we compare levels and growth rates of real GDP per capita between Korea and Taiwan, along with Japan, and 53 other countries in the world, covering the prewar and postwar periods (1901-92). Both countries, along with Japan, experienced very rapid growth in both periods,...