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British Economic Growth 1856-1973: The Post-War Period in Historical Perspective

R. C. O. Matthews, C. H. Feinstein, and J. Odling-Smee

Published in print:
1982
Published Online:
November 2003
ISBN:
9780198284536
eISBN:
9780191596629
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198284535.001.0001
Subject:
Economics and Finance, Economic History

The subject of this book is the course and causes of British economic growth from the middle of the nineteenth century until 1973. The approach is quantitative in that it is heavily statistical while ... More


Location Decisions of Firms and Social Interactions

Yannis M. Ioannides

in From Neighborhoods to Nations: The Economics of Social Interactions

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691126852
eISBN:
9781400845385
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691126852.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter examines the impact of social interactions on firms' location decisions, focusing on the effects of proximity to other firms, the size of the total urban economy, the availability of a ... More


Causes and Consequences of the Growth of Total Factor Input and Total Factor Productivity

R. C. O. Matthews, C. H. Feinstein, and J. C. Odling‐Smee

in British Economic Growth 1856-1973: The Post-War Period in Historical Perspective

Published in print:
1982
Published Online:
November 2003
ISBN:
9780198284536
eISBN:
9780191596629
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198284535.003.0017
Subject:
Economics and Finance, Economic History

Growth was the result of forces on both the supply and the demand side, interacting with each other. While labour input growth was partly supply‐driven, the main reductions in hours of work partly ... More


Total Factor Productivity

R. C. O. Matthews, C. H. Feinstein, and J. C. Odling‐Smee

in British Economic Growth 1856-1973: The Post-War Period in Historical Perspective

Published in print:
1982
Published Online:
November 2003
ISBN:
9780198284536
eISBN:
9780191596629
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198284535.003.0007
Subject:
Economics and Finance, Economic History

The rates of growth of total factor input (TFI) and total factor productivity (TFP) are the “sources” of output growth only in a proximate sense. Despite their imperfections, these concepts remain a ... More


Total Factor Productivity in Automobile Production in Argentina, Mexico, Korea, and Canada: The Impacts of Protection

Gerald K. Helleiner (ed.)

in Trade Policy, Industrialization, and Development: New Perspectives

Published in print:
1992
Published Online:
October 2011
ISBN:
9780198283591
eISBN:
9780191684456
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198283591.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter measures the changes in total factor productivity in the auto-assembly industries of three semi-industrialized countries (SIs) — Argentina, Korea, and Mexico — and compares their ... More


Legal Capacity

Timothy Besley and Torsten Persson

in Pillars of Prosperity: The Political Economics of Development Clusters

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691152684
eISBN:
9781400840526
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691152684.003.0003
Subject:
Economics and Finance, History of Economic Thought

This chapter focuses on the productive role of government in improving the environment for doing business. Improvements in the performance of government are measured as total factor productivity and ... More


Forces Shaping China's Interprovincial Inequality

Kai‐yuen Tsui

in Inequality and Growth in Modern China

Published in print:
2008
Published Online:
May 2008
ISBN:
9780199535194
eISBN:
9780191715730
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199535194.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter explores the forces that shaped China's interprovincial inequality in the last five decades of communist rule. It proposes a framework under which a change in total inequality can be ... More


The Rate of Growth and the Proximate Sources of Growth

R. C. O. Matthews, C. H. Feinstein, and J. C. Odling‐Smee

in British Economic Growth 1856-1973: The Post-War Period in Historical Perspective

Published in print:
1982
Published Online:
November 2003
ISBN:
9780198284536
eISBN:
9780191596629
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198284535.003.0016
Subject:
Economics and Finance, Economic History

Growth rates of output and output per head followed a U‐shaped pattern: a long intermediate period of slow growth separated initial and terminal periods of faster growth. The U‐shaped pattern also ... More


Total Factor Productivity: A Short Biography

Charles R. Hulten (ed.)

in New Developments in Productivity Analysis

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226360621
eISBN:
9780226360645
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226360645.003.0001
Subject:
Economics and Finance, Econometrics

This chapter is a biography of the total factor productivity (TFP) residual. It provides an overview of the evolution of nonparametric productivity analysis; discusses the main problems that ... More


Why Is Productivity Procyclical? Why Do We Care?

Susanto Basu and John Fernald (eds)

in New Developments in Productivity Analysis

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226360621
eISBN:
9780226360645
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226360645.003.0007
Subject:
Economics and Finance, Econometrics

This chapter takes up another theoretical issue that has challenged productivity analysis: the problem of short-run procyclical productivity fluctuations. Conventional analysis regards these ... More


Why Standard Explanations are Insufficient

Khalid Malik

in Why Has China Grown So Fast For So Long?

Published in print:
2012
Published Online:
September 2012
ISBN:
9780198078838
eISBN:
9780199081646
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198078838.003.0004
Subject:
Economics and Finance, South and East Asia

Widely accepted neoclassical models lay out a set number of reasons for the progress of an economy. According to the neoclassical models, factor accumulation, factor reallocation, gains in ... More


Taxation and the Sources of Growth: Estimates from U.S. Multinational Corporations

Jason G. Cummins

in International Taxation and Multinational Activity

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226341736
eISBN:
9780226341750
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226341750.003.0010
Subject:
Economics and Finance, International

Numerous careful studies of productivity have been made at the firm level. None of these studies, however, focus on multinational corporations (MNCs) in the United States despite their important role ... More


Foreign Ownership and Productivity in the Indonesian Automobile Industry: Evidence from Establishment Data for 1990–99

Keiko Ito

in Growth and Productivity in East Asia

Published in print:
2004
Published Online:
February 2013
ISBN:
9780226386805
eISBN:
9780226387079
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226387079.003.0008
Subject:
Economics and Finance, South and East Asia

In the traditional theory of multinational corporations (MNCs), foreign direct investment (FDI) by MNCs is regarded as the movement of managerial resources. Many researchers have investigated ... More


Bankruptcy Policy Reform and Total Factor Productivity Dynamics in Korea: Evidence from Microdata

Youngjae Lim and Chin Hee Hahn

in Growth and Productivity in East Asia

Published in print:
2004
Published Online:
February 2013
ISBN:
9780226386805
eISBN:
9780226387079
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226387079.003.0010
Subject:
Economics and Finance, South and East Asia

During the onset of the Korean financial crisis in 1997, an inefficient corporate bankruptcy system adversely affected Korea's economy. The inadequacies of the bankruptcy system led to poor ... More


Micro Kuznets and Macro TFP Decompositions

Robert M. Townsend

in Financial Systems in Developing Economies: Growth, Inequality and Policy Evaluation in Thailand

Published in print:
2011
Published Online:
January 2011
ISBN:
9780199533237
eISBN:
9780191594892
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199533237.003.0005
Subject:
Economics and Finance, South and East Asia, Development, Growth, and Environmental

Within-sector total factor productivity (TFP) growth is negative for manufacturing and services and positive for agriculture. Distinguishing across time periods, TFP growth is negative, except for ... More


Different Approaches to International Comparison of Total Factor Productivity

Charles R. Islam (ed.)

in New Developments in Productivity Analysis

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226360621
eISBN:
9780226360645
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226360645.003.0011
Subject:
Economics and Finance, Econometrics

This chapter examines alternative approaches to international comparisons of productivity. Section 11.2 provides some broad perspective to the research on international total factor productivity ... More


Sectoral Productivity and Economic Growth in Japan, 1970–98: An Empirical Analysis Based on the JIP Database

Kyoji Fukao, Tomohiko Inui, Hiroki Kawai, and Tsutomu Miyagawa

in Growth and Productivity in East Asia

Published in print:
2004
Published Online:
February 2013
ISBN:
9780226386805
eISBN:
9780226387079
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226387079.003.0007
Subject:
Economics and Finance, South and East Asia

Following the collapse of the so-called bubble economy, Japan's economy has entered a phase of unprecedentedly low growth. From the viewpoint of growth accounting, Japan's low economic growth in the ... More


Liberalization of Trade in Services and Productivity Growth in Korea

Jong-Il Kim and June-Dong Kim

in Trade in Services in the Asia-Pacific Region

Published in print:
2003
Published Online:
February 2013
ISBN:
9780226386775
eISBN:
9780226386782
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226386782.003.0007
Subject:
Economics and Finance, South and East Asia

This chapter investigates the changes in productivity growth rates of Korean service and manufacturing subsectors in relation to the liberalization of trade in services. It describes the case of the ... More


Information Technology and Firm Performance in Korea

Jong-Il Kim

in Growth and Productivity in East Asia

Published in print:
2004
Published Online:
February 2013
ISBN:
9780226386805
eISBN:
9780226387079
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226387079.003.0011
Subject:
Economics and Finance, South and East Asia

Information technology (IT) has made a considerable contribution to the recent economic growth of Korea. Semiconductor, personal computer, and telecommunication equipments ranked first, third, and ... More


Causes of the East Asian Crisis: Structural Weakness vs. Liquidity Panic View

Yung Chul Park

in Economic Liberalization and Integration in East Asia: A Post-Crisis Paradigm

Published in print:
2005
Published Online:
February 2006
ISBN:
9780199276776
eISBN:
9780191603051
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199276773.003.0008
Subject:
Economics and Finance, South and East Asia

Critics and experts blamed structural weaknesses and misguided macroeconomic policies as the major causes of the 1997 financial crisis. These include financial sector frailties, weakness in the ... More


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