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This paper reviews what the profession has learned during the last 25 years about East Asia's growth using growth accounting exercises and estimations of production functions. The publication of Alwyn Young's (1992, 1994, 1995) and Jong-Il Kim and Lawrence Lau's (1994) studies, and Paul...
Persistent link: https://www.econbiz.de/10011647748
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
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
The paper aims to investigate relationships between technology and innovation management, total factor productivity and economic growth in China. By comparing the trends in total factor productivity growth of industrialized economies (i.e. OECD), this study intends to showcase the importance of...
Persistent link: https://www.econbiz.de/10013296140
This study highlights the importance of investment-specific technological (IST) progress in affecting the business … investment goods across different vintages, which raises payouts from new investments while inducing capital losses of older … investment goods. I develop a DSGE model that focuses on asset valuation by capital owners, considering their net wealth. The …
Persistent link: https://www.econbiz.de/10013322512
Persistent link: https://www.econbiz.de/10003389107
Intro -- Contents -- Preface -- 1 Growth and Crisis in the Japanese Economy -- 2 Economic Ascent and Hegemony in the Capitalist World-Economy -- 3 The MIDAs-Steel-Ships Nexus -- 4 Creating Japan's Coal-Exporting Peripheries -- 5 Replicating Japan's New Model in Iron Ore -- 6 Transporting Coal...
Persistent link: https://www.econbiz.de/10012680150
This paper examines the impact of education, governance and North-South trade- and distance-related technology diffusion on TFP in the South, focusing on South America (SA), Mexico, Latin America (LA) and East Asia for the 32-year period preceding the Great Recession (1976-2007) in a new model...
Persistent link: https://www.econbiz.de/10012120103
This paper examines the impact of education, governance and North-South trade- and distance-related technology diffusion on TFP in the South, focusing on South America (SA), Mexico, Latin America (LA) and East Asia for the 32-year period preceding the Great Recession (1976–2007) in a new model...
Persistent link: https://www.econbiz.de/10011734518
quality. Higher somatic investment in offspring increased the innovation capability of individuals and ultimately accelerated … suggests that differential somatic investment can be identified as deep-rooted determinant of comparative economic development. …
Persistent link: https://www.econbiz.de/10011574978