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The role of R&D in explaining total factor productivity growth in Japan, South Korea, and Taiwan
- The role of R&D in explaining total factor productivity growth in Japan, South Korea, and Taiwan
- Singh, Nirvikar; Trieu, Hung
- University of California
| Title |
The role of R&D in explaining total factor productivity growth in Japan, South Korea, and Taiwan
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| Material Type | Reports |
| Author(English) |
Singh, Nirvikar; Trieu, Hung |
| Publisher |
[California] : University of California |
| Date | 1996 |
| Series Title; No | Working paper / No. 361 |
| Subject Country | Japan(Asia and Pacific) South Korea(Asia and Pacific) Taiwan(Asia and Pacific) |
| Language | English |
| File Type | Link |
| Original Format | |
| Subject | Economy < General |
| Holding | The Pennsylvania State University |
| License |  |
Abstract
We explain total factor productivity growth (TFPG) residuals for Japan, South Korea and Taiwan, by expenditures on basic, applied and experimental research in each of the three countries. We find that, overall, there is evidence that R&D expenditures in these countries had a positive impact on TFPG. This suggests that growth in these countries, contrary to a recent assertion by Krugman (1994), is not simply explained by input accumulation.
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