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Productivity growth in east Asia: a reappraisal

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  • Paul Cook
  • Yuichiro Uchida

Abstract

In recent years there has been considerable disagreement over the extent to which productivity growth has accounted for the success of the east Asian economies. Empirical evidence, based on forms of growth accounting or direct estimation of a production function, is inconclusive so that the debate appears to be at a stalemate. This article applies an alternative approach, using the Malmquist productivity indices, to investigate the contribution of productivity to the longer term growth. The results support the view that over the longer term, the east Asian economies were input driven but interesting differences arise between countries when shorter periods are analysed.

Suggested Citation

  • Paul Cook & Yuichiro Uchida, 2002. "Productivity growth in east Asia: a reappraisal," Applied Economics, Taylor & Francis Journals, vol. 34(10), pages 1195-1207.
    • Handle: RePEc:taf:applec:v:34:y:2002:i:10:p:1195-1207
    DOI: 10.1080/00036840110095778
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    References listed on IDEAS

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    1. Jesus Felipe, 1999. "Total factor productivity growth in East Asia: A critical survey," Journal of Development Studies, Taylor & Francis Journals, vol. 35(4), pages 1-41.
    2. Young, Alwyn, 1994. "Accumulation, exports, and growth in the high performing Asian economies : A comment," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 40(1), pages 237-250, June.
    3. Pack, Howard & Page, John Jr., 1994. "Accumulation, exports, and growth in the high-performing Asian economies," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 40(1), pages 199-235, June.
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    Cited by:

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    3. 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.
    4. Kerekes, Monika, 2007. "Analyzing patterns of economic growth: a production frontier approach," Discussion Papers 2007/15, Free University Berlin, School of Business & Economics.
    5. Jose Zofio, 2007. "Malmquist productivity index decompositions: a unifying framework," Applied Economics, Taylor & Francis Journals, vol. 39(18), pages 2371-2387.
    6. Cook, Paul & Uchida, Yuichiro, 2008. "Structural change, competition and income distribution," The Quarterly Review of Economics and Finance, Elsevier, vol. 48(2), pages 274-286, May.
    7. Taegi Kim & Changsuh Park, 2006. "Productivity growth in Korea: efficiency improvement or technical progress?," Applied Economics, Taylor & Francis Journals, vol. 38(8), pages 943-954.
    8. Donny Tang, 2003. "The effect of European integration on trade with the APEC countries: 1981–2000," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 27(2), pages 262-278, June.
    9. Harvie, Charles & Lee, Hyun-Hoon, 2003. "Export-Led Industrialisation and Growth - Korea's Economic Miracle 1962-89," Economics Working Papers wp03-01, School of Economics, University of Wollongong, NSW, Australia.

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