In recent years there has been considerable disagreement over the extent to which productivity growth has accounted for the success of the east Asian economies. Empirical evidence, based on forms of growth accounting or direct estimation of a production function, is inconclusive so that the debate appears to be at a stalemate. This article applies an alternative approach, using the Malmquist productivity indices, to investigate the contribution of productivity to the longer term growth. The results support the view that over the longer term, the east Asian economies were input driven but interesting differences arise between countries when shorter periods are analysed. Copyright 2002 by Taylor and Francis Group
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Article provided by Taylor and Francis Journals in its journal Applied Economics.
Volume (Year): 34 (2002) Issue (Month): 10 (July) Pages: 1195-1207 Download reference. The following formats are available: HTML
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