Economic growth and productivity: A case study of South Korea

Applied Economics

Volumn 32, Issue 1, 2000, Pages 13-23

  Yuhn, Ky Hyang ^a   Kwon, Jene K ^b  

^a FLORIDA ATLANTIC UNIVERSITY   (United States)

^b NORTHERN ILLINOIS UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC GROWTH; INDUSTRIAL PERFORMANCE; NATIONAL ECONOMY; PRODUCTIVITY;

SOUTH KOREA;

EID: 0034650182     PISSN: 00036846     EISSN: None     Source Type: Journal    
DOI: 10.1080/000368400322949     Document Type: Review

References (34)

1. Berndt, E. R. and Christensen, L. R. (1973) The translog function and the substitution of equipment, structures, and labor in U.S. manufacturing 1929-68, Journal of Econometrics, 1, 81-114.
2. Berndt, E. R. and Christensen, L. R. (1974) Testing for the existence of a consistent aggregate index of labor input, American Economic Review, 44, 391-404.
3. Blackorby, C., Primont, D. and Russell, R. R. (1977) On testing separability restrictions with flexible functional forms, Journal of Econometrics, 5, 195-209.
4. Brown, G. T. (1973) Korean Pricing Policies and Economic Development in the 1960s, Johns Hopkins University Press, Baltimore, MD.
5. Christensen, L. R. and Cummings, D. (1981) Real product, real factor input, and productivity in the republic of Korea, 1960-1973, Journal of Development Economics, 8, 285-302.
6. Christensen, L. R. and Jorgenson, D. W. (1969) The measurement of U.S. real capital input, 1929-1967, Review of Income and Wealth, Series 15, 293-320.
7. de la Grandville, O. (1989) In quest of the Slutsky diamond, American Economic Review, 79, 468-81.
8. Denny, M. and Fuss, M. (1977) The use of approximation analysis to test for separability and the existence of consistent aggregates, American Economic Review, 67, 404-18.
9. Denny, M. and May, D. (1977) The existence of real value-added function in the Canadian manufacturing sector, Journal of Econometrics, 5, 55-69.
10. Frank, C. R., Kim, K. S. and Westphal, L. E. (1975) Foreign Trade Regimes and Economic Development: South Korea, National Bureau of Economic Research: New York.
11. Hong, W. T. (1979) Trade, Distortion, and Employment, Korea Development Institute, Seoul, Korea.
12. Hong, W. T. and Krueger, A. O. eds (1975) Trade and Development in Korea, Korea Development Institute, Seoul Korea.
13. Kim, J. W. (1984) CES production function in manufacturing and problems of industrialization in LDC: Evidence from Korea, Economic Development and Cultural Change, 33, 143-65.
14. Kim, K. S. and Roemer, R. (1979) Growth and Structural Transformation, Harvard University Press: Cambridge, MA.
15. Kim, Y. C. (1981) The cross-sectional, inter-industry structure of capital utilization in a developing economy: The case of S. Korean manufacturing, Review of Economics and Statistics, 74, 84-9.
16. Kim, Y. C. and Kwon, J. K. (1977) The utilization of capital and the growth of output in a developing economy: The case of South Korean manufacturing, Journal of Development Economics, 4, 265-78.
17. Kmenta, J. and Gilbert, R. F. (1968) Small sample properties of seemingly unrelated regressions, Journal of the American Statistical Association, 63, 1180-1200.
18. Kwon, J. K. (1986) Capital utilization, economies of scale and technical change in the growth of total factor productivity: An explanation of South Korean manufacturing growth, Journal of Development Economics, 24, 75-89.
19. Kwon, J. K. and Williams, M. (1982) The structure of production in South Korea's manufacturing sector, Journal of Development Economics, 11, 215-26.
20. Kwon, J. K. and Yuhn, K. (1990) Analysis of factor substitution and productivity growth in S. Korean manufacturing, in J. K. Kwon (ed), Korean Economic Development, (New York: Greenwood Press) pp. 144-66.
21. May, J. D. and Denny, M. (1979) Postwar productivity in Canadian manufacturing, Canadian Journal of Economics, 12, 29-41.
22. Mohabbat, K. A. and Yuhn, K. (1991) The relation between real cash balances and physical inputs in South Korea's manufacturing sector, World Development, 19, 1777-85.
23. Nishimizu, M. and Hulten, C. R. (1978) the sources of Japanese economic growth, 1955-71, Review of Economics and Statistics, 60, 351-61.
24. Nishimizu, M. and Robinson, S. (1984) Trade policies and productivity change in semi-industrialized countries, Journal of Development Economics, 16, 177-206.
25. Norsworthy, J. R. and Malmquist, D. H. (1983) Input measurement and productivity growth in Japanese and U.S. manufacturing, American Economic Review, 73, 947-67.
26. Tsao, Y. (1985) Growth without productivity: Singapore manufacturing in the 1970s, Journal of Development Economics, 18, 25-38.
27. Verdoorn, P. J. (1949), Fattori che regolano lo sviluppo della productivita del lavoro, L'Industria, 3-11.
28. Westphal, L. E. (1978) The Republic of Korea's experience with export-led industrial development, World Development, 6, 347-80.
29. Westphal, L. E. and Kim, K. S. (1977) Industrial policy and development in Korea, World Bank Staff Working Paper, No. 263, Washington, DC
30. Westphal, L. E., Rhee, Y. W. and Pursell, G. (1981) Korean industrial competence: where it came from, World Bank Staff Working Paper, No. 469, Washington, DC.
31. Yuhn, K. H. (1991a) Functional separability and the existence of consistent aggregates in U.S. manufacturing, International Economic Review, 32, 229-50.
32. Yuhn, K. H. (1991b) Input measurement and productivity growth in Japanese and U.S. manufacturing: Comment, American Economic Review, 81, 1012-14.
33. Yuhn, K. H. (1991c) Economic growth, technical change biases, and the elasticity of substitution: A test of the de la Grandville hypothesis, Review of Economics and Statistics, 73, 340-46.
34. Zellner, A. (1962) An efficient method of estimating seemingly unrelated regressions and tests for aggregation bias, Journal of the American Statistical Association, 57, 348-68.