Structural Change and Its Impact on Productivity in Japan, Korea, and Singapore (1970-2000)
GE, Growth, Math methods from EconWPA
This paper examines the impact of structural change on productivity through a decomposition of aggregate manufacturing productivity growth in Korea, Singapore, and Japan over the period 1970-2000. First, the shift-share analysis is utilized to measure the impact of the allocation of labor among manufacturing industries on aggregate labor productivity. Next, the impact of the allocation of labor and capital on total factor productivity (TFP) growth is analyzed. The findings show weak support for the positive impact on aggregate productivity of reallocation of factor inputs for Japan and Korea, and a positive impact for Singapore.
Keywords: productivity; shift-share; analysis; East; Asia; resource; allocation (search for similar items in EconPapers)
JEL-codes: C6 D5 D9 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-sea
Note: Type of Document - pdf; pages: 19
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpge:0504002
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