The Economics of Rapid Growth

The Economics of Rapid Growth
Author: Dirk Pilat
Publisher: Edward Elgar Publishing
Total Pages: 352
Release: 1994-01-01
Genre: History
ISBN: 9781782542674

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In The Economics of Rapid Growth, Dirk Pilat uses catch up theory to explain why countries with lower levels of income can use the technology of more advanced economies to foster growth and industralisation. His analysis emphasises the importance of pre-existing education levels, financial and commercial institutions and infrastructure to explain the rapid economic growth of Japan and Korea. A growth accounting framework is used to show the contribution of capital, labour and land to the rapid economic growth from the early 1950s. This growth is put in an international perspective by detailed sectoral productivity comparisons which include discussion of some of the measurement problems implicit in international comparisons. The final parts of the book look at the links between productivity and competitiveness, as well as the role of trade policy and exports in productivity growth. This acclaimed new book will be widely read by researchers, students and policy makers concerned with growth, development and the emergence of two of the most powerful economies in the modern world.

Productivity in Asia

Productivity in Asia
Author: Dale Weldeau Jorgenson
Publisher: Edward Elgar Publishing
Total Pages: 257
Release: 2007-01-01
Genre: Business & Economics
ISBN: 1847208746

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In recent years there have been huge improvements in the methods and data to measure and analyze the sources of economic growth around the world. This volume on the growth accounts for four core economies in East Asia is a vital contribution to our understanding of the dynamics of growth. Bart van Ark, University of Groningen, The Netherlands The outstanding economic performance of East Asian countries has been investigated in numerous studies. However, most comparative studies analyze macro-level productivity. In this book, the productivity performance of China, Korea, Japan, Taiwan and the United States are compared at industry level. The work is a result of an international collaborative research project by RIETI (Research Institute of Economy, Trade and Industry), Japan. The total factor productivity growth and level amongst these five countries sheds new light on the industrial competitiveness of growing Asian economies compared to Japan and the United States. In addition, this book provides detailed information on productivity datasets for these five countries. Productivity in Asia will strongly appeal to scholars of Asian studies, industrial organization and economics as well as those interested in productivity statistics.

Explaining Prices in the Global Economy

Explaining Prices in the Global Economy
Author: Henk-Jan Brinkman
Publisher: Edward Elgar Publishing
Total Pages: 248
Release: 1999-11-25
Genre: Political Science
ISBN: 9781782541608

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Addresses the problem of price disparities across countries, and, for the first time, uses market structures as the central focus. Also looks at effects of trade barriers, input-output relations, and economies of scale, factors often ignored by other studies, to determine what causes prices to vary across countries. A post- Keynesian markup pricing model incorporating market power, intermediate inputs, and productivity differences is developed and tested using regression analysis.

Growth Theories in Light of the East Asian Experience

Growth Theories in Light of the East Asian Experience
Author: Takatoshi Ito
Publisher: University of Chicago Press
Total Pages: 324
Release: 2007-12-01
Genre: Political Science
ISBN: 0226386988

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The contributors to this volume analyze the growth experiences of Japan, Korea, China, Hong Kong, Singapore, and Taiwan in light of the recently developed endogenous growth theory to provide an understanding of the economic boom in East Asia. The theory explored in this volume attributes the phenomenal economic success of these countries to, among other factors, the role of an outward orientation—a focus on exporting rather than on protecting home markets. In addition, the importance of exchange rate behavior, of the supportive role of government policy, and of the accumulation and promotion of physical and human capital are explored in detail. This collection also examines the extent to which growth in each country became self-sustaining once it began. Demonstrating the relevance of endogenous growth theory for studying this important region, this fourth volume in the NBER-East Asia Seminar on Economics series will be of interest to observers of East Asian affairs.

Productivity Measurement and Analysis

Productivity Measurement and Analysis
Author: OECD
Publisher: OECD Publishing
Total Pages: 556
Release: 2009-04-28
Genre:
ISBN: 9264044612

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Presents the proceedings of two workshops on productivity measurement and analysis, which brought together representatives of statistical offices, central banks and other officials involved with the analysis and measurement of productivity at aggregate and industry levels.

International Comparisons of Prices, Output and Productivity

International Comparisons of Prices, Output and Productivity
Author: J. Salazar-Carrillo
Publisher: Elsevier
Total Pages: 344
Release: 2012-12-02
Genre: Business & Economics
ISBN: 0444597719

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The present volume provides a timely collection of material on the subject of international comparisons, contributed by leading scholars from an extensive range of relevant disciplines and geographical backgrounds. The papers in this volume have been classified into two broad groups united by overlapping themes. Part I includes essentially empirical papers intended to provide a clear picture of the different types of international comparisons that have been undertaken by various organizations and individuals. The papers relate to empirical studies of different sectoral and national income aggregates at both regional and global levels. The papers in Part II deal with methodological and analytical issues. Discussion of the appropriateness of various aggregation methods for international comparisons accounts for a major component of this section. The volume provides a set of stimulating studies on international comparisons of prices, output and productivity, and will provide a useful reference source for many interested readers around the world.

Capital Controls, Exchange Rates, and Monetary Policy in the World Economy

Capital Controls, Exchange Rates, and Monetary Policy in the World Economy
Author: Sebastian Edwards
Publisher: Cambridge University Press
Total Pages: 452
Release: 1997-06-13
Genre: Business & Economics
ISBN: 9780521597111

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The essays collected in this volume discuss the impact of increased capital mobility on macroeconomic performance.

Technology and Productivity

Technology and Productivity
Author: Youngil Lim
Publisher: MIT Press
Total Pages: 276
Release: 1999
Genre: Business & Economics
ISBN: 9780262122214

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Explores the process by which the poverty-stricken agrarian economy of South Korea was transformed during the 1970s to the 1990s, into a semi-industrial urban economy. The text discusses neoclassical views of South Korean experience and speculates on South Korea's technological future.