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Productivity growth of East Asia economies' manufacturing: A decomposition analysis

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Author Info
Hailin Liao
Mark Holmes
Tom Weyman-Jones
David Llewellyn

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Abstract

Applying a stochastic production frontier to sector-level data within manufacturing, this paper examines total factor productivity (TFP) growth for seven East Asian economies during 1963-98, using both single country and cross-country regressions. The analysis focuses on the trend in technological progress (TP) and technical efficiency change (TEC), and the role of productivity change in economic growth. The empirical results reveal that although input factor accumulation is still the main source for East Asian economies' growth, TFP growth is accounting for an increasing and important proportion of output growth, among which the improved TEC plays a crucial role in productivity growth.

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File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/00220380701259723&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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Publisher Info
Article provided by Taylor and Francis Journals in its journal Journal of Development Studies.

Volume (Year): 43 (2007)
Issue (Month): 4 ()
Pages: 649-674
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Handle: RePEc:taf:jdevst:v:43:y:2007:i:4:p:649-674

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Related research
Keywords: JEL+Classification:+D24>JEL Classification: D24 L60 O30 O53 O47

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