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The outstanding economic performance of East Asian countries has been investigated in numerous studies. However, most comparative studies analyze macro-level productivity. In this book, the productivity performance of China, Korea, Japan, Taiwan and the United States are compared at industry level. The work is a result of an international collaborative research project by RIETI (Research Institute of Economy, Trade and Industry), Japan. The total factor productivity growth and level amongst these five countries sheds new light on the industrial competitiveness of growing Asian economies compared to Japan and the United States. In addition, this book provides detailed information on productivity datasets for these five countries.Productivity in Asia will strongly appeal to scholars of Asian studies, industrial organization and economics as well as those interested in productivity statistics.
Edited by the late Dale Jorgenson, formerly Samuel W. Morris University Professor, Harvard University, US, Masahiro Kuroda, Keio University, Japan and Kazuyuki Motohashi, Professor, University of Tokyo and Faculty Fellow, Research Institute of Economy, Trade and Industry, Japan
Contents:1. IntroductionDale Jorgenson, Masahiro Kuroda and Kazuyuki Motohashi2. Investigating Productivity Slowdown in the 1990s by using the KLEM Database in JapanMasahiro Kuroda, Kazuyuki Motohashi and Kazushige Shimpo3. The Sources of Growth of US IndustriesDale Jorgenson, Mun S. Ho and Kevin J. Stiroh 4. Total Factor Productivity Growth in Chinese Industries, 1981–2000Ruoen Ren and Lin lin Sun5. Growth Accounting and Productivity Analysis by 33 Industrial Sectors in Korea (1984–2002)Hak K. Pyo, Keun-Hee Rhee and Bongchan Ha6. Industry-wide Total Factor Productivity and Output Growth in Taiwan, 1981–1999Chi-Yuan Liang7. Purchasing Power Parities for International Comparisons of Output and Productivity in Japan, South Korea, Taiwan and the United StatesMarcel P. Timmer and Gerard Ypma8. Assessing Japan’s Industrial Competitiveness by International Productivity Level: Comparison with China, Korea, Taiwan and the United StatesKazuyuki MotohashiIndex
'In recent years there have been huge improvements in the methods and data to measure and analyze the sources of economic growth around the world. This volume on the growth accounts for four core economies in East Asia is a vital contribution to our understanding of the dynamics of growth.'