Productivity in Asia: Economic Growth and CompetitivenessDale Weldeau Jorgenson, Masahiro Kuroda, Kazuyuki Motohashi 'In recent years there have been huge improvements in the methods and data to measure and analyze the sources of economic growth around the world. This volume on the growth accounts for four core economies in East Asia is a vital contribution to our understanding of the dynamics of growth.' - Bart van Ark, University of Groningen, The Netherlands The outstanding economic performance of East Asian countries has been investigated in numerous studies. However, most comparative studies analyze macro-level productivity. In this book, the productivity performance of China, Korea, Japan, Taiwan and the United States are compared at industry level. The work is a result of an international collaborative research project by RIETI (Research Institute of Economy, Trade and Industry), Japan. The total factor productivity growth and level amongst these five countries sheds new light on the industrial competitiveness of growing Asian economies compared to Japan and the United States. In addition, this book provides detailed information on productivity datasets for these five countries. Productivity in Asia will strongly appeal to scholars of Asian studies, industrial organization and economics as well as those interested in productivity statistics. |
Contents
Figures | 2 |
Investigating productivity slowdown in the 1990s by using | 7 |
The sources of growth of US industries | 23 |
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33 industries aggregate Agriculture annual average Bureau capital deepening capital input capital service capital stock Census cent Clay and Glass Coal Mining Construction database deflators economic growth Electric Utilities Electrical Machinery employment energy input estimated Fabricated metal Finance Furniture and Fixtures Gas Extraction Gas Utilities gross output growth accounting I/O table ICPA project income input growth input-output tables Insurance and Real intermediate input International Comparison investment Japan Jorgenson Keio University Kindred Products KLEM Kuroda labor input labor quality Lumber and wood Metal and Non-metallic Miscellaneous Manufacturing Motor Vehicles National Accounts non-electrical Non-metallic Mining OECD Oil and gas output price period Petroleum Refining PPPs Primary Metals Private Services productivity growth Public Services quantity ratio real estate relative Republic of China Rubber and Misc South Korea sub-periods Survey Taiwan Textile Mill Products TFP growth total factor productivity Trade translog Transportation Equipment value-added Won/US workers Yen/US