Testing endogenous growth in South Korea and Taiwan

• 成果类型: Article
• 署名作者: Feenstra, RC; Madani, D; Yang, TH; Liang, CY
• 署名单位: University of California System; University of California Davis; National Bureau of Economic Research; The World Bank; Academia Sinica - Taiwan
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/S0304-3878(99)00054-1
• 发表日期: 1999
• 页码: 317-341
• 关键词: product variety; endogenous growth; Raiwan; South Korea

摘要

We evaluate the endogenous growth hypothesis using sectoral productivity data and the product variety of exports for South Korea and Taiwan. We find that changes in relative export variety (entered as either a lag or a lead) have a positive and significant effect on total factor productivity (TFP) in nine of the 16 sectors, Seven out of these sectors are what we classify as secondary industries, in that they rely on and produce differentiated manufactures, and therefore seem to fit the idea of endogenous growth. Among the primary industries, which rely more heavily on natural resources, we find mixed evidence. (C) 1999 Elsevier Science B.V. All rights reserved.