소장기록

제목Mechanical Properties of Growth Accounting : Productivity Growth and Structural Change in East Asian NIEs


설명East Asian NIEs are said to have enjoyed only low productivity gains in the course of strong economic growth. This paper suggests that low productivity gains are the result of the mechanical properties of growth accounting. Sequential structural change and adjustment increased capital intensity by shifting production to more capital-intensive industries (new industries and high quality products), thus lowering productivity growth mechanically. Taking into account of the interaction between the contribution of capital and technology to output growth, the pessimistic paradigm of low productivity growth and low technological change in East Asia is open to question.


생산자이창수


날짜1999-10-01


기록유형문서류


기록형태보고서/논문


주제정치경제


연관링크http://www.kdi.re.kr/research/subjects_view.jsp?pub_no=979


식별번호KC-R-00518


제목Mechanical Properties of Growth Accounting : Productivity Growth and Structural Change in East Asian NIEs


설명East Asian NIEs are said to have enjoyed only low productivity gains in the course of strong economic growth. This paper suggests that low productivity gains are the result of the mechanical properties of growth accounting. Sequential structural change and adjustment increased capital intensity by shifting production to more capital-intensive industries (new industries and high quality products), thus lowering productivity growth mechanically. Taking into account of the interaction between the contribution of capital and technology to output growth, the pessimistic paradigm of low productivity growth and low technological change in East Asia is open to question.


생산자이창수


날짜1999-10-01


크기 및 분량28쪽


언어영어


출처한국개발연구원


연관링크http://www.kdi.re.kr/research/subjects_view.jsp?pub_no=979


기록유형문서류


기록형태보고서/논문


대주제정치경제


소주제산업


자원유형기록


파일 2d2d8b558fcbae37e6c019aa64edabe5.pdf