Rao, B. Bhaskara (2007): Estimates of the steady state growth rates for selected Asian countries with an endogenous growth framework.
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This paper develops an endogenous growth ramework with externalities due to learning by doing and trade openness to show that these externalities are significant for 6 Asian countries. The estimated parameters of the augmented production functions are used to compute the steady state growth rates for Singapore, Malaysia, Thailand, Hong Kong, Korea and the Philippines. A few broad policies to improve these steady state growth rate are suggested.
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- Estimates of the steady state growth rates for selected Asian countries with an endogenous growth framework. (deposited 27. Mar 2007) [Currently Displayed]