Description
Book SynopsisThe 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.
Trade Review'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
Table of ContentsContents: 1. Introduction Dale Jorgenson, Masahiro Kuroda and Kazuyuki Motohashi 2. Investigating Productivity Slowdown in the 1990s by using the KLEM Database in Japan Masahiro Kuroda, Kazuyuki Motohashi and Kazushige Shimpo 3. The Sources of Growth of US Industries Dale Jorgenson, Mun S. Ho and Kevin J. Stiroh 4. Total Factor Productivity Growth in Chinese Industries, 1981–2000 Ruoen Ren and Lin lin Sun 5. Growth Accounting and Productivity Analysis by 33 Industrial Sectors in Korea (1984–2002) Hak K. Pyo, Keun-Hee Rhee and Bongchan Ha 6. Industry-wide Total Factor Productivity and Output Growth in Taiwan, 1981–1999 Chi-Yuan Liang 7. Purchasing Power Parities for International Comparisons of Output and Productivity in Japan, South Korea, Taiwan and the United States Marcel P. Timmer and Gerard Ypma 8. Assessing Japan’s Industrial Competitiveness by International Productivity Level: Comparison with China, Korea, Taiwan and the United States Kazuyuki Motohashi Index
