INDUSTRIAL-LEVEL TOTAL FACTOR PRODUCTIVITY COMPARISONS BETWEEN TAIWAN AND KOREA: 1981–2010

• Published in: Táiwān jīngjì yùcè yǔ zhèngcè Vol. 49; no. 2; pp. 47 - 84
• Main Authors: Fu, Tsu-Tan, Lin, Yih-Ming, Lin, Hsing-Chun, Kong, Wen-Hsing, Chen, Po-Chun
• Format: Journal Article
• Language: Chinese
• Published: Taipei Institute of Economics, Academia Sinica 01.03.2019
• Subjects: Comparative analysis; Economic growth; Manufacturing; Productivity; Service industries; Studies; South Korea; Taiwan

The purpose of this paper is to compare the growth dynamics at the industry level between Taiwan and Korea during 1981-2010 and to identify key drivers which resulted in industrial growth. First, we concisely introduce the KLEMS approach to the growth accounting method. We estimate the industrial-le...