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IMF Staff Papers, Volume 50, No. 2

IMF Staff Papers, Volume 50, No. 2 »

Volume: 50

Series: IMF Staff Papers

Author(s): Robert Flood

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 July 2003

DOI: http://dx.doi.org/10.5089/9781589062023.024

ISBN: 9781589062023

Keywords: tfp, production function, aggregate production function, standard errors, constant returns

This paper examines sources of economic growth in East Asia. The conventional growth-accounting approach to estimating the sources of economic growth requires unrealistically strong assumptions about either competi...