What is the Long Run Growth Rate of the East Asian Tigers?

Rao, B. Bhaskara and Tamazian, Artur and Singh, Rup (2009): What is the Long Run Growth Rate of the East Asian Tigers?

Abstract

New panel data estimates for the four East Asian Tigers show that the contribution of total factor productivity (TFP) to growth is much higher than past estimates. An extended production function with learning by doing implies that TFP is about 3.5% and these countries will grow at this rate in the long run.

• Item Type: MPRA Paper
• Language: English
• Keywords: Asian Tigers, Systems Dynamic GMM, Growth Accounting, Factor Accumulation as Residual
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development; N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations > N15 - Asia including Middle East

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