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Accounting for Recent Economic Growth in Southeast Asia

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Author Info
Kohli, Ulrich
Abstract

This paper identifies the major factors explaining GDP growth in a number of Southeast Asian countries during the 1980s and early 90s. Estimates of the contribution of technological change, increases in the endowments of labor and capital, movements in the terms of trade, and changes in domestic output prices are reported for Hong Kong, Japan, South Korea, the Philippines, and Thailand. Partial results for Indonesia and Malaysia are also shown. An index number approach is used; it has a tight theoretical foundation, being based on the GNP/GDP function approach to modeling the production sector of an open economy. Copyright 1997 by Blackwell Publishing Ltd

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Article provided by Blackwell Publishing in its journal Review of Development Economics.

Volume (Year): 1 (1997)
Issue (Month): 3 (October)
Pages: 245-56
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Handle: RePEc:bla:rdevec:v:1:y:1997:i:3:p:245-56

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  1. Hiau Looi Kee, 2002. "Productivity in endowments : sectoral evidence for Hong Kong's aggregate growth," Policy Research Working Paper Series 2892, The World Bank. [Downloadable!]
  2. Lin, Pei-Chien & Roe, Terry, 1999. "Growth Theory And Accounting For Growth Of The Taiwanese Economy," Bulletins 12968, University of Minnesota, Economic Development Center. [Downloadable!]
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This page was last updated on 2009-12-19.


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