Estimates of the steady state growth rates for selected Asian countries with an endogenous growth framework

B. Rao

MPRA Paper from University Library of Munich, Germany

Abstract: 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.

Keywords: Endogenous Growth; Learning by Doing Trade Openness; Steady State Growth Rate; Newly Developing Asian Countries (search for similar items in EconPapers)
JEL-codes: O10 O29 O30 O33 O38 O39 O40 O53 (search for similar items in EconPapers)
Date: 2007-03-27
New Economics Papers: this item is included in nep-dev and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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https://mpra.ub.uni-muenchen.de/3373/1/MPRA_paper_3373.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:2389

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