TY - BOOK ID - 84542115 TI - Sources of Economic Growth in East Asia : A Nonparametric Assessment AU - Khan, Mohsin. AU - Iwata, Shigeru. AU - Murao, Hiroshi. PY - 2002 SN - 1462333958 1452771499 1281604135 9786613784827 1451891105 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Econometrics KW - Labor KW - Macroeconomics KW - Production and Operations Management KW - Semiparametric and Nonparametric Methods KW - Measurement of Economic Growth KW - Aggregate Productivity KW - Cross-Country Output Convergence KW - Economywide Country Studies: Asia including Middle East KW - Production KW - Cost KW - Capital and Total Factor Productivity KW - Capacity KW - Labor Economics: General KW - Wages, Compensation, and Labor Costs: General KW - Estimation KW - Aggregate Factor Income Distribution KW - Labour KW - income economics KW - Econometrics & economic statistics KW - Total factor productivity KW - Labor share KW - Estimation techniques KW - Income KW - Econometric analysis KW - National accounts KW - Industrial productivity KW - Labor economics KW - Wages KW - Econometric models KW - Hong Kong Special Administrative Region, People's Republic of China UR - https://www.unicat.be/uniCat?func=search&query=sysid:84542115 AB - The conventional growth-accounting approach to estimating the sources of economic growth requires unrealistically strong assumptions about the competitiveness of factor markets and the form of the underlying aggregate production function. This paper outlines a new approach utilizing nonparametric derivative estimation techniques that does not require imposing these restrictive assumptions. The results for East Asian countries show that output elasticities of capital and labor are different from the income shares of these factors, and that the growth of total factor productivity over the period 1960-95 has been an important factor in the overall growth performance of these countries. ER -