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Recent applied literature finds a correlation between total factor productivity (TFP) growth and increased outward … specifications using time series for Taiwan to elucidate the question. We find strong support for the view that imports of technology … market's allocative efficiency, have played a major role in Taiwan's TFP growth. Conversely, export promotion, per se, did …
Persistent link: https://www.econbiz.de/10014204080
We compare the productivity performances of 15 matched manufacturing sectors in Korea and Taiwan, using the Malmquist … multiplicative products of the indexes. The overall productivity and technology growth rates of Taiwan were higher than those of … productivity indexes, based on category-wise meta frontiers, 1978-1996. Comparisons at the sector levels are made using sequential …
Persistent link: https://www.econbiz.de/10013125321
This study provides a new explanation of total factor productivity growth of Taiwanese industry. Besides the channels … productivity growth. In addition, an indicator of legal environment has been established to record changes in VC …-related legislation during the past two decades in Taiwan. The legal indicator serves as an instrumental variable that can avoid …
Persistent link: https://www.econbiz.de/10014216749
Since the 1950s, agricultural growth in East Asia (China, Mongolia, North Korea, South Korea, and Taiwan) has reduced … growth, we examine the sources of change in agricultural production and total factor productivity (TFP) and decompose the …
Persistent link: https://www.econbiz.de/10014024053
The manufacturing sector in Taiwan has a market structure composed of large numbers of small firms, a heavy focus on … pressure on inefficient firms to exit. As a result, low cost entry and exit may contribute to aggregate productivity … total factor productivity among entering, exiting, and continuing firms, and quantify the contribution of firm turnover to …
Persistent link: https://www.econbiz.de/10014209522
We explain total factor productivity growth (TFPG) residuals for Japan, South Korea and Taiwan by expenditure on basic …
Persistent link: https://www.econbiz.de/10014087736
We analyze the dynamic interaction of Japan's total factor productivity, gross domestic product (GDP) domestic and … effects of permanent policy changes shows that (i) additional public R&D encourages private R&D and total factor productivity …
Persistent link: https://www.econbiz.de/10012296324
We study the role of productivity convergence and financial conditions in the recent growth experience of Hungary. We … build a stochastic, small-open economy growth model with productivity convergence, capital accumulation and external … borrowing. Using empirically identified processes for productivity and the external interest premium, we simulate the effects of …
Persistent link: https://www.econbiz.de/10012107277
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10010316866
We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark … the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the … distribution of productivity with and without the trade reform shows that improvements in market selection from trade reform help …
Persistent link: https://www.econbiz.de/10003863653