Cover image for Productivity and economic performance in the Asia-Pacific region
Title:
Productivity and economic performance in the Asia-Pacific region
Series:
Academia studies in Asian economies
Publication Information:
Cheltenham, UK : Edward Elgar Pub., 2002
ISBN:
9781840647266
Geographic Term:

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Item Category 1
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30000004509919 HC412 P765 2002 Open Access Book Book
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30000004864587 HC412 P765 2002 Open Access Book Book
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Summary

Summary

Following on from their previous book Economic Efficiency and Productivity Growth in the Asia-Pacific Region, the authors in this volume analyse the economic performance of many of the major economies in the Asia-Pacific region including Taiwan, Thailand, Singapore, Korea, Indonesia, Hong Kong, China and Japan. They examine economic and productivity growth, competitiveness and efficiency developments in the region.

An introductory essay by the editors surveys recent economic developments in the region whilst introducing and cohesively integrating the chapters that follow. The studies employ a variety of modern analytical constructs and empirical techniques of open economy growth accounting as well as the measurement of productivity change, technical change and economic efficiency. A number of the chapters examine the entire region while others focus exclusively on a nation or industry. Several chapters study the causes and consequences of the financial crises in the region in 1997 from a recent historical perspective.

This book will be of special interest to scholars of economic growth and its determinants as well as all those interested in Asian studies.


Author Notes

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


Table of Contents

Tsu-Tan Fu and Cliff J. Huang and C.A. Knox LovellWilliam C. Hunter and David MarshallClifford D. Clark and Jung-Chao LiuJames H. GapinskiD.S. Prasada Rao and Tim J. CoelliChi SchivePei-chien Lin and Terry L. RoeRay Chou and Iftekhar Hasan and Ana Lozano-Vivas and Chung-Hua ShenYung-Ho Chiu and Jin-Li Hu and Yang LiTsu-Tan Fu and Chung-Huang HuangKulaya Thanapura and Ping WangAlice ShiuKevin J. FoxAshish Lall and Randolph G.K. Tan and Melvyn C.H. TanJeong-Dong Lee and Tai-Yoo Kim and Jongsu LeeYangseon Kim and Peter SchmidtJonathan E. Leightner and Ila M. Semenick Alam
List of Contributorsp. vii
Acknowledgementsp. xi
In Memoriamp. xiii
1. Editors' introductionp. 1
Part I Regional Studies
2. Systemic risk and central banking: a review of some recent developmentsp. 17
3. The media, the judiciary, the banks and the resilience of East Asian economiesp. 42
4. Crisis, productivity and competitiveness in the Asia-Pacific regionp. 70
5. Economic performance of selected Asian countries in an international perspective: economic growth, productivity and inequalityp. 100
Part II Taiwan
6. Economic efficiency and the Taiwan economy: 1986-96p. 139
7. The contribution of technological progress to aggregate and sectoral production of the Taiwanese economyp. 161
8. Deregulation and efficiency of Taiwanese banksp. 184
9. Cost inefficiency of Taiwan's mixed enterprisesp. 208
10. Efficiency measurement and multi-output pricing of waste water treatment in Taiwanp. 229
Part III Other Countries in the Region
11. Human capital investment, labor productivity and output growth: the case of Thailandp. 255
12. GDP growth in post-reform Chinap. 293
13. The output gap and growth in Japanp. 321
14. Profitability and productivity growth in Singapore manufacturing industriesp. 345
15. Productivity analysis and policy implication for structural reform of vertically integrated electric utility in Koreap. 365
16. An empirical comparison of Bayesian and classical estimates of technical efficiencies of Indonesian rice farmsp. 390
17. Financial crisis hypotheses and the productivity of Thailand's financial institutionsp. 410
Indexp. 433