Estimates of the steady state growth rates for selected Asian countries with an extended Solow model

C-Tier
Journal: Economic Modeling
Year: 2010
Volume: 27
Issue: 1
Pages: 46-53

Authors (1)

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper develops an extended version of the Solow (1956) growth model in which total factor productivity is assumed a function of two important externalities viz., learning by doing and openness to trade. Using this framework we show that these externalities have played an important role to improve the long run growth rates of six Asian countries viz., Singapore, Malaysia, Thailand, Hong Kong, Korea and the Philippines. A few broad policies to improve the long run growth rates of these countries are suggested.

Technical Details

RePEc Handle
repec:eee:ecmode:v:27:y:2010:i:1:p:46-53
Journal Field
General
Author Count
1
Added to Database
2026-01-29