Productivity versus Endowments : A Study of Singapore's Sectoral Growth, 1974-92

Productivity, and the Rybczynski effects of factor endowments, have been highlighted as the two main reasons behind the growth of newly industrializing economies in East Asia. However, empirical studies at the aggregate level, do not find support for these claims. Focusing on Singapore's manufacturing industries, the author estimates the contributions of productivity, and factor endowments to sectoral growth. The results show that both are important. But productivity is more important as a source of growth in the electronics industry, while factor endowments make a larger contribution in other industries.

Bibliographic Details

Main Author:	Kee, Hiau Looi
Format:	Policy Research Working Paper biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2001-11
Subjects:	ACCOUNTING, CONDITIONS, CONSTANT RETURNS TO SCALE, CONSTRUCTION, DIMINISHING RETURNS, ECONOMIC GROWTH, ELASTICITIES, ELASTICITY, EMPIRICAL RESEARCH, EMPIRICAL STUDIES, EQUALIZATION, EQUATIONS, EQUILIBRIUM, GDP, GNP, GROWTH RATE, GROWTH THEORY, IMPORTS, INDUSTRIAL PRODUCTION, INPUT PRICES, INTERMEDIATE INPUTS, INTERNATIONAL TRADE, INVENTORY, LABOR FORCE, LABOR INPUTS, MAXIMUM LIKELIHOOD ESTIMATION, OIL, PERFECT COMPETITION, POSITIVE EFFECTS, PRICE ELASTICITIES, PRICE ELASTICITY, PRODUCTION FUNCTIONS, PRODUCTION TECHNOLOGY, PRODUCTIVITY, PRODUCTIVITY GROWTH, TOTAL FACTOR PRODUCTIVITY, TRANSPORT, VALUE ADDED INDUSTRIAL PRODUCTIVITY, FACTOR PRODUCTIVITY, ENDOWMENTS, INDUSTRIALIZATION, AGGREGATE VARIABILITY, MANUFACTURING ENTERPRISES, SECTORAL ASSESSMENT, ELECTRONICS INDUSTRIES, VALUE ADDED, INDUSTRIAL PRODUCTIVITY,
Online Access:	http://documents.worldbank.org/curated/en/2001/11/1620914/productivity-versus-endowments-study-singapores-sectoral-growth-1974-92 http://hdl.handle.net/10986/19500
Tags:	Add Tag No Tags, Be the first to tag this record!