Total Factor Productivity Growth in East Asia: A Critical Survey

Publication | September 1997

This paper surveys the empirical literature on total factor productivity (TFP) and the sources of growth in the East Asian countries. It raises the question whether the literature has helped us understand better the factors that have propelled growth in the region. The paper discusses the main theoretical aspects in the estimation of TFP growth, as well as the empirical results, and provides a survey of estimates of TFP growth for nine East and South East Asian countries.

Contents 

  • Foreword
  • Introduction
  • Total Factor Productivity and Its Estimation
  • Zero Total Factor Productivity Growth in East Asia
  • Other Empirical Work on TFP in East Asia
  • A Reconsideration of the Work on Productivity Growth in East Asia
  • The Aggregate Production Function
  • Conclusions
  • Appendix
  • References

Additional Details

Author
Type
Series
Subjects
  • Economics
  • Industry and trade

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