Total Factor Productivity and Economic Growth - Issues for Asia

M. Dowling and Peter Summers

No 594, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: Despite these disagreements about the nature of the role of government, particularly in Taiwan and Korea, the pattern of economic growth and structural change observed in developing Asia has been broadly consistent with classical and neoclassical models of economic growth and development which stress, respectively, specialisation in line with comparative advantage and the importance of capital accumulation.

Keywords: GOVERNMENT POLICY; ECONOMIC GROWTH; PRODUCTION FACTORS; ASIA (search for similar items in EconPapers)
JEL-codes: O11 O47 O53 (search for similar items in EconPapers)
Pages: 17 pages
Date: 1997
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Journal Article: Total Factor Productivity and Economic Growth–Issues for Asia (1998)
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