Edward Elgar Publishing Economic Efficiency and Productivity Growth in the Asia-pacific Region (Academia Studies in Asian Economies series)

Product Description This book provides new insights into the performance of key economies in the Asia-Pacific region during the last three decades. It critically examines productivity growth, factor accumulation and economic efficiency at both the macro and micro levels. The authors use a variety of empirical techniques to measure the sources of economic growth in Hong Kong, Singapore, Taiwan, Korea, Japan, Malaysia, Thailand and China. The techniques employed range from traditional growth accounting to econometric frontier estimation and data envelopment analysis. As a comparison to the Asia-Pacific region, the growth experiences of G7 and 18 OECD countries are analyzed. The authors consider, among other issues, the influential role of trade in the region, macroeconomic management, income, capital, labor productivity, technology and investment. This innovative new book will be of interest to students and scholars of growth economics, public policy and Asian studies. Review 'The book provides considerable insights into the factors of productivity and efficiency change in rapidly growing economies.' -- S. Mohan, Journal of Scientific and Industrial Research'As a compilation of papers emanating from an academic conference, this is a remarkably cohesive volume. . . . the papers in this book remain true to the overall theme of the book. Such is not always the case with edited volumes and the editors should be commended. The papers comprising the chapters in the book are also extremely well written and should be accessible to those not well-versed in measurement of productivity growth and productive efficiency. Perhaps the best way to evaluate this book is in terms of how well it attains its stated objectives. Regarding its primary objective, which is to About the Author Edited by Tsu-Tan Fu, Research Fellow, Institute of Economics, Academia Sinica, Taipei, Taiwan, ROC, Cliff J. Huang, Professor of Economics, Emeritus, Vanderbilt University, US and C.A. Knox Lovell, School of Economics, University of Queensland, Australia