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Total Factor Productivity and Economic Growth - Issues for Asia

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  • Dowling, M.
  • Summers, P.M.

Abstract

Despite these disagreements about the nature of the role of government, particularly in Taiwan and Korea, the pattern of economic growth and structural change observed in developing Asia has been broadly consistent with classical and neoclassical models of economic growth and development which stress, respectively, specialisation in line with comparative advantage and the importance of capital accumulation.

Suggested Citation

  • Dowling, M. & Summers, P.M., 1997. "Total Factor Productivity and Economic Growth - Issues for Asia," Department of Economics - Working Papers Series 594, The University of Melbourne.
    • Handle: RePEc:mlb:wpaper:594
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    References listed on IDEAS

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    Cited by:

    1. Guanghua Wan & Chen Wang & Xun Zhang, 2021. "The Poverty-Growth-Inequality Triangle: Asia 1960s to 2010s," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 153(3), pages 795-822, February.
    2. Rodriguez, X.A. & Exposito, P., 2004. "Models of Productivity in European Union, the USA and Japan," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 4(4).
    3. Peter E. Robertson, 2000. "Diminished Returns? Growth and Investment in East Asia," The Economic Record, The Economic Society of Australia, vol. 76(235), pages 343-353, December.

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    More about this item

    Keywords

    GOVERNMENT POLICY ; ECONOMIC GROWTH ; PRODUCTION FACTORS ; ASIA;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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