Hsiao, Frank S.T; Hsiao, Mei-Chu W. - 2011
Using Maddison's data, we compare levels and growth rates of real GDP per capita between Korea and Taiwan, along with … prewar period. After WWII, however, Korea fell steadily below Taiwan, and both fell continuously behind Japan until 1970 when … Japan, experienced very rapid growth in both periods, especially Korea, whose growth rates ranked third or fourth in the …
