The Growth Process in East Asian Manufacturing Industries

A Re-Examination

Chia-Hung Sun, Assistant Professor of Economics, National Chung Cheng University, Taiwan

Although it has been previously accepted that Hong Kong, Japan, Korea, Singapore, and Taiwan have achieved the ‘economic miracle’ of maintaining high economic growth for several decades prior to the Asian financial crisis, recent literature has now cast doubt upon this economic supposed success. Attempting to overcome methodological limitations and underlying assumptions of other studies, The Growth Process in East Asian Manufacturing Industries re-examines the role of total factor productivity (TFP) growth and aims to identify the sources of output growth in these East Asian economies.

这本书包含最多comprehensive analysis that I have seen of growth dynamics in East Asian manufacturing industries. It reviews most of the previous work published on this subject and also presents an original analyses of growth based on data disaggregated to the 3 digit ISIC level. As far as I am aware, it also uses state-of-the-art theory and estimation techniques to carry out the analysis. In short it presents a thorough coverage of a topic of great interest to growth economists and those interested in understanding the phenomenon of East Asian growth.’
– G. Chris Rodrigo, Independent consultant presently on assignment with UNIDO