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Openness, productivity and growth in the APEC economies

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Abstract

The 1980s and 1990s have witnessed the emergence of many Asian economies as important traders in the world. How has openness to trade and investment affected productivity and growth performance in those economies? This question is often tackled with the traditional growth regression method. However, the findings in the existing literature are still inconclusive. This paper proposes an alternative approach which is employed to examine the impact of openness on the sources of productivity and growth in the APEC economies. Specifically, the proposed technique distinguishes technological progress (innovation) from efficiency changes (catch-up) and attempts to isolate the influences of openness on these two distinct factors. The findings in this study may help gain fresh insight into the relationship between openness and productivity and growth performance in the APEC economies. Copyright Springer-Verlag 2004

Suggested Citation

  • Yanrui Wu, 2004. "Openness, productivity and growth in the APEC economies," Empirical Economics, Springer, vol. 29(3), pages 593-604, September.
    • Handle: RePEc:spr:empeco:v:29:y:2004:i:3:p:593-604
    DOI: 10.1007/s00181-004-0200-1
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    Cited by:

    1. Chang, Ming-Chung, 2016. "Applying the energy productivity index that considers maximized energy reduction on SADC (Southern Africa Development Community) members," Energy, Elsevier, vol. 95(C), pages 313-323.
    2. Jianjun Wang & Li Li & Fan Zhang & Qiannan Xu, 2014. "Carbon Emissions Abatement Cost in China: Provincial Panel Data Analysis," Sustainability, MDPI, vol. 6(5), pages 1-17, May.
    3. Zhang, Yue-Jun & Sun, Ya-Fang & Huang, Junling, 2018. "Energy efficiency, carbon emission performance, and technology gaps: Evidence from CDM project investment," Energy Policy, Elsevier, vol. 115(C), pages 119-130.
    4. Halkos, George & Tzeremes, Nickolaos, 2011. "A conditional full frontier modelling for analyzing environmental efficiency and economic growth," MPRA Paper 32839, University Library of Munich, Germany.
    5. Wen-Ling Hsiao & Jin-Li Hu & Chan Hsiao & Ming-Chung Chang, 2018. "Energy Efficiency of the Baltic Sea Countries: An Application of Stochastic Frontier Analysis," Energies, MDPI, vol. 12(1), pages 1-11, December.
    6. Zhou, D.Q. & Wu, F. & Zhou, X. & Zhou, P., 2016. "Output-specific energy efficiency assessment: A data envelopment analysis approach," Applied Energy, Elsevier, vol. 177(C), pages 117-126.
    7. Ching-Ren Chiu & Ming-Chung Chang & Jin-Li Hu, 2022. "Energy intensity improvement and energy productivity changes: an analysis of BRICS and G7 countries," Journal of Productivity Analysis, Springer, vol. 57(3), pages 297-311, June.
    8. Halkos, George & Tzeremes, Nickolaos, 2011. "Does the Kyoto Protocol Agreement matters? An environmental efficiency analysis," MPRA Paper 30652, University Library of Munich, Germany.
    9. Zhang, Xing-Ping & Tan, Ya-Kun & Tan, Qin-Liang & Yuan, Jia-Hai, 2012. "Decomposition of aggregate CO2 emissions within a joint production framework," Energy Economics, Elsevier, vol. 34(4), pages 1088-1097.
    10. Ku-Hsieh Chen & Hao-Yen Yang, 2011. "A cross-country comparison of productivity growth using the generalised metafrontier Malmquist productivity index: with application to banking industries in Taiwan and China," Journal of Productivity Analysis, Springer, vol. 35(3), pages 197-212, June.
    11. Zhang, Xing-Ping & Cheng, Xiao-Mei & Yuan, Jia-Hai & Gao, Xiao-Jun, 2011. "Total-factor energy efficiency in developing countries," Energy Policy, Elsevier, vol. 39(2), pages 644-650, February.
    12. Hu, Jin-Li & Kao, Chih-Hung, 2007. "Efficient energy-saving targets for APEC economies," Energy Policy, Elsevier, vol. 35(1), pages 373-382, January.
    13. Yanrui Wu & Bing Wang, 2007. "Environmental Regulation and Productivity Growth: A Study of the APEC Economies," Economics Discussion / Working Papers 07-17, The University of Western Australia, Department of Economics.
    14. Wang, Yebin & Gao, Huiyu & Wang, Haijun, 2024. "The digital silk road and trade growth – A quasi-natural experiment based on silk road E-commerce," Research in International Business and Finance, Elsevier, vol. 67(PB).
    15. André Klevenhusen & Jonas Coelho & Leo Warszawski & Jorge Moreira & Peter Wanke & João J. Ferreira, 2021. "Innovation Efficiency in OECD Countries: a Non-parametric Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(3), pages 1064-1078, September.
    16. Zhang, Xing-Ping & Zhang, Jing & Tan, Qin-Liang, 2013. "Decomposing the change of CO2 emissions: A joint production theoretical approach," Energy Policy, Elsevier, vol. 58(C), pages 329-336.
    17. Qi, Shaozhou & Peng, Huarong & Zhang, Xiaoling & Tan, Xiujie, 2019. "Is energy efficiency of Belt and Road Initiative countries catching up or falling behind? Evidence from a panel quantile regression approach," Applied Energy, Elsevier, vol. 253(C), pages 1-1.
    18. A. H. M. Mehbub Anwar & Mohammad Altelmesani & Abdulrahman Alwosheel, 2024. "Unveiling the causal nexus between Saudi’s seaborne trade and economy: evidence from an ARDL model," Journal of Shipping and Trade, Springer, vol. 9(1), pages 1-21, December.
    19. George Halkos & Nickolaos Tzeremes, 2014. "Measuring the effect of Kyoto protocol agreement on countries’ environmental efficiency in CO 2 emissions: an application of conditional full frontiers," Journal of Productivity Analysis, Springer, vol. 41(3), pages 367-382, June.
    20. Minzhe Du & Bing Wang & Yanrui Wu, 2014. "Sources of China’s Economic Growth: An Empirical Analysis Based on the BML Index with Green Growth Accounting," Sustainability, MDPI, vol. 6(9), pages 1-22, September.

    More about this item

    Keywords

    Openness; productivity; technical efficiency; technological progress; growth accounting and the APEC economies; C2; O4; O53;
    All these keywords.

    JEL classification:

    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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