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Total factor productivity growth in Japan, South Korea, and Taiwan

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  • Total factor productivity growth in Japan, South Korea, and Taiwan
  • Singh, Nirvikar; Trieu, Hung
  • University of California, Santa Cruz


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Title Total factor productivity growth in Japan, South Korea, and Taiwan
Similar Titles
Material Type Articles
Author(English)

Singh, Nirvikar; Trieu, Hung

Publisher

Santa Cruz:University of California, Santa Cruz

Date 1996-07
Subject Country Japan(Asia and Pacific)
South Korea(Asia and Pacific)
Taiwan(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Industry and Technology < General
Social Development < Education
Holding University of California, Santa Cruz

Abstract

We present total factor productivity growth (TFPG) calculations for Japan, South Korea and Taiwan, using a consistent methodology and data sets. We reassess the productivity growth experience of Korea and Taiwan, as compared to Japan and to previous work on Latin American countries. We conclude that Korea and Taiwan's experience is not simply explained by factor accumulation, as has recently been suggested by Krugman (1994), nor was TFPG in these countries similar to Latin America.

User Note

*This research was supported by grants from the University of California Pacific Rim Research Program and the University of California, Santa Cruz Academic Senate. We have benefitted from the comments and suggestions of K.C. Fung, Kenneth Kletzer, J. David Richardson, and Pan Yotopoulos, and seminar audiences at the Asia Foundation, the World Bank, and the Delhi School of Economics. The authors alone are responsible for the views expressed here, and any remaining shortcomings.