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Paperback Staff Paper Vol 50 No 2 June 2003 Spi Book

ISBN: 1589062027

ISBN13: 9781589062023

Staff Paper Vol 50 No 2 June 2003 Spi

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 competitiveness of factor markets or the form of the underlying aggregate production function. The paper outlines a new approach utilizing nonparametric derivative estimation techniques that does not require imposing these restrictive assumptions...

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