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What is the long run growth rate of the East Asian Tigers?

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Author Info

  • B. Bhaskara Rao
  • Artur Tamazian
  • Rup Singh

Abstract

New panel data estimates for the four East Asian Tigers show that the contribution of Total Factor Productivity (TFP) to growth is much higher than past estimates. An extended production function with learning by doing implies that TFP is about 3.5% and these countries will grow at this rate in the long-run.

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File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/00036840902845400&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

Volume (Year): 17 (2010)
Issue (Month): 12 ()
Pages: 1205-1208

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Handle: RePEc:taf:apeclt:v:17:y:2010:i:12:p:1205-1208

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  1. Rao, B. Bhaskara, 2007. "Estimates of the steady state growth rates for selected Asian countries with an endogenous growth framework," MPRA Paper 2389, University Library of Munich, Germany.
  2. Arellano, Manuel & Bover, Olympia, 1995. "Another look at the instrumental variable estimation of error-components models," Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
  3. Jong-il Kim, 2002. "Total Factor Productivity Growth in East Asia: Implications for the Future," Asian Economic Papers, MIT Press, vol. 1(2), pages 50-70.
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Cited by:
  1. Rao, B. Bhaskara & Cooray, Arusha & Hassan, Gazi Mainul, 2011. "Growth effects of education with the extreme bounds analysis: some evidence from Asia," MPRA Paper 32279, University Library of Munich, Germany.
  2. Sami Ben Mim (ERUDITE) & Fatma Mabrouk (GREThA, CNRS, UMR 5113), 2011. "Remittances and economic growth: what channels of transmission? (In French)," Cahiers du GREThA 2011-28, Groupe de Recherche en Economie Théorique et Appliquée.

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