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What is the Long Run Growth Rate of the East Asian Tigers?

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Author Info
Rao, B. Bhaskara
Tamazian, Artur
Singh, Rup

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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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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 12668.

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Date of creation: Jan 2009
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Handle: RePEc:pra:mprapa:12668

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Related research
Keywords: Asian Tigers; Systems Dynamic GMM; Growth Accounting; Factor Accumulation as Residual;

Find related papers by JEL classification:
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
N15 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - Asia including Middle East

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. 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. [Downloadable!] (restricted)
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  2. 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. [Downloadable!] (restricted)
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This page was last updated on 2009-12-17.

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