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Climbing the technology ladder too fast? : an international comparison of productivity in South and East-Asian manufacturing, 1963-1993

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  • Timmer, Marcel P.

    (Groningen University)

Abstract

This paper provides a star comparison of manufacturing productivity levels in China, India, Indonesia, South Korea and Taiwan with the US as the reference country for the period 1963-1993. South Korea and Taiwan showed prolonged catch up in labour productivity with the US, whereas the other countries had long periods of relative stagnation. This is reflected in relative performance of seven detailed manufacturing branches. Physical capital per hour worked in the Asian countries is still well below the US level and there are abundant opportunities for further capital intensification. Relative total factor productivity levels in South-Korean and Taiwanese manufacturing are much lower than in the US in all manufacturing branches. The same is true for India and Indonesia compared to South Korea and Taiwan. Hence, late industrializers do not automatically benefit from the increasing global pool of technologies.

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Bibliographic Info

Paper provided by University of Groningen, CCSO Centre for Economic Research in its series CCSO Working Papers with number 199919.

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Date of creation: 1999
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Handle: RePEc:dgr:rugccs:199919

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  1. Abramovitz,Moses, 1989. "Thinking about Growth," Cambridge Books, Cambridge University Press, number 9780521333962, December.
  2. Susan M. Collins & Barry P. Bosworth, 1996. "Economic Growth in East Asia: Accumulation versus Assimilation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(2), pages 135-204.
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  8. Marcel Timmer, 1999. "Indonesia's Ascent on the Technology Ladder: Capital Stock and Total Factor Productivity in Indonesian Manufacturing, 1975-95," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 35(1), pages 75-97.
  9. Alwyn Young, 1992. "A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong and Singapore," NBER Chapters, in: NBER Macroeconomics Annual 1992, Volume 7, pages 13-64 National Bureau of Economic Research, Inc.
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Cited by:
  1. Verspagen, B., 2000. "Growth and structural change: trends, patterns and policy options," Eindhoven Center for Innovation Studies (ECIS) working paper series 00.08, Eindhoven Center for Innovation Studies (ECIS).

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