Productivity Growth and Factor Prices in eat Asia

摘要

The industrial revolution in several Eat Asian countries over the last three decades is One of the most important economic events in The postwar era. Several recent growth- Accounting exercises have found that their ex- Trordinary rate of output growth was due Primarily to an equally impressive rate of fac- Tor accumulation, with little due to technolo- Ical progress (see Alwyn Young, 1992, 1995; Jong-Il Kim and Lawrence Lau, 1994; Susan Collins and Barry Bosworth, 1996).