Economic Efficiency and Productivity Growth in the Asia-pacific Region

Inbunden, Engelska, 1999

Av Tsu-Tan Fu, Cliff J. Huang, C. A.K. Lovell

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This book provides new insights into the performance of key economies in the Asia-Pacific region during the last three decades. It critically examines productivity growth, factor accumulation and economic efficiency at both the macro and micro levels.The authors use a variety of empirical techniques to measure the sources of economic growth in Hong Kong, Singapore, Taiwan, Korea, Japan, Malaysia, Thailand and China. The techniques employed range from traditional growth accounting to econometric frontier estimation and data envelopment analysis. As a comparison to the Asia-Pacific region, the growth experiences of G7 and 18 OECD countries are analyzed. The authors consider, among other issues, the influential role of trade in the region, macroeconomic management, income, capital, labor productivity, technology and investment. This innovative new book will be of interest to students and scholars of growth economics, public policy and Asian studies.

Produktinformation

Utgivningsdatum1999-04-28
Mått156 x 234 x undefined mm
FormatInbunden
SpråkEngelska
SerieAcademia Studies in Asian Economies series
FörlagEdward Elgar Publishing Ltd
ISBN9781858988573

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Contents: 1. Editor’s Introduction Part I: International Studies A. The Asia-Pacific Region 2. An Alternative Tale of Two Cities 3. Sources of Growth in East Asian Economies 4. The Relative Efficiency and Rate of Technology Adoption of Asian and North American Airline Firms B. International 5. There is No Silver Bullet: Investment and Growth in the G7 6. Is the Asia-Pacific Region Different? Technical Progress Bias and Price Elasticity Estimates for 18 OECD Countries, 1960-1992 Part II: National Studies A. Macroeconomic Productivity Studies 7. A Tiger in the Land of the Panda: Growth Prospects for Hong Kong under Reversion to China 8. Productivity and Efficiency in China’s Regional Economies 9. Total Factor Productivity and Outward Orientation in Taiwan: What is the Nature of the Relationship? 10. Technology Adoption and Technical Efficiency in Taiwan: Foreign Investment Led versus Export Performance Promoted 11. Measurement of Total Factor Productivity in Japan: How to Evaluate Impacts of New Technologies on TFP Growth 12. Productivity Growth in Taiwan’s Manufacturing Industry, 1961-1993 B. Microeconomic Efficiency Studies 13. The Achilles’ Heel of Thailand’s Financial Market 14. Cost Efficiency of the Farmers’ Credit Unions in Taiwan 15. The Social Productivity of China’s Town and Village Enterprises Index