Growth and productivity in East Asia (University of Chicago Press, 2004)
"Contains papers from the 13th annual East Asian Seminar on Economics, which took place on June 20-22 [2002], in Melbourne, Australia"--Introd. - "National Bureau of Economic Research"--Cover
Includes bibliographical references and indexes
Part 1. Macro productivity. Ideas and education: level or growth effects and their implications for Australia / Steve Dowrick. Comments: John Leahy, Andrew K. Rose -- Australia's 1990s productivity surge and its determinants / Dean Parham. Comments: Chin Hee Hahn, Francis T. Lui -- Institutions, volatility, and crises / Daron Acemoglu, Simon Johnson, James Robinson. Comments: Steve Dowrick, Dipinder S. Randhawa -- GATT/WTO accession and productivity / David D. Li, Changqi Wu. Comments: Simon Johnson, Epictetus E. Patalinghug -- The contribution of FDI flows to domestic investment in capacity, and vice versa / Assaf Razin. Comments: Kyoji Fukao, Dean Parham
Part II. Micro productivity. Sectoral productivity and economic growth in Japan, 1970-98: an empirical analysis based on the JIP database / Kyoji Fukao, Tomohiko Inui, Hiroki Kawai, Tsutomu Miyagawa. Comments: Peter Drysdale, Keiko Ito -- Foreign ownership and productivity in the Indonesian automobile industry: evidence from establishment data for 1990-99 / Keiko Ito. Comments: Muhammad Chatib Basri, Francis T. Lui -- Productivity growth and R & D expenditure in Taiwan's manufacturing firms / Jiann-Chyuan Wang, Kuen-Hung Tsai. Comments: Tsutomu Miyagawa, Jungho Yoo -- Bankruptcy policy reform and total factor productivity dynamics in Korea: evidence from microdata / Youngjae Lim, Chin Hee Hahn. Comments: Chong-Hyun Nam, Epictetus E. Patalinghug -- Information Technology and firm performance in Korea / Jong-Il Kim. Comments: Chong-Hyun Nam, Dipinder S. Randhawa -- How important is discrete adjustment in aggregate fluctuations? Andrew Caplin, John Leahy. Comments: Jong-Il Kim, Assaf Razin
Considering the examples of Australia and the Pacific Rim, Growth and Productivity in East Asia offers a contemporary explanation for national productivity that measures contributions not only from capital and labor, but also from economic activities and relevant changes in policy, education, and technology. Takatoshi Ito and Andrew K. Rose have organized a group of collaborators from several Asian countries, the United States, and other parts of the globe who ably balance both macroeconomic and microeconomic study with theoretical and empirical approaches. Growth and Productivity in East Asia