Productivity versus Endowments : A Study of Singapore's Sectoral Growth, 1974-92
Productivity, and the Rybczynski effects of factor endowments, have been highlighted as the two main reasons behind the growth of newly industrializing economies in East Asia. However, empirical studies at the aggregate level, do not find support f...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2001/11/1620914/productivity-versus-endowments-study-singapores-sectoral-growth-1974-92 http://hdl.handle.net/10986/19500 |
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okr-10986-195002021-04-23T14:03:43Z Productivity versus Endowments : A Study of Singapore's Sectoral Growth, 1974-92 Kee, Hiau Looi ACCOUNTING CONDITIONS CONSTANT RETURNS TO SCALE CONSTRUCTION DIMINISHING RETURNS ECONOMIC GROWTH ELASTICITIES ELASTICITY EMPIRICAL RESEARCH EMPIRICAL STUDIES EQUALIZATION EQUATIONS EQUILIBRIUM GDP GNP GROWTH RATE GROWTH THEORY IMPORTS INDUSTRIAL PRODUCTION INPUT PRICES INTERMEDIATE INPUTS INTERNATIONAL TRADE INVENTORY LABOR FORCE LABOR INPUTS MAXIMUM LIKELIHOOD ESTIMATION OIL PERFECT COMPETITION POSITIVE EFFECTS PRICE ELASTICITIES PRICE ELASTICITY PRODUCTION FUNCTIONS PRODUCTION TECHNOLOGY PRODUCTIVITY PRODUCTIVITY GROWTH TOTAL FACTOR PRODUCTIVITY TRANSPORT VALUE ADDED INDUSTRIAL PRODUCTIVITY FACTOR PRODUCTIVITY ENDOWMENTS INDUSTRIALIZATION AGGREGATE VARIABILITY MANUFACTURING ENTERPRISES SECTORAL ASSESSMENT ELECTRONICS INDUSTRIES ECONOMIC GROWTH VALUE ADDED INDUSTRIAL PRODUCTIVITY Productivity, and the Rybczynski effects of factor endowments, have been highlighted as the two main reasons behind the growth of newly industrializing economies in East Asia. However, empirical studies at the aggregate level, do not find support for these claims. Focusing on Singapore's manufacturing industries, the author estimates the contributions of productivity, and factor endowments to sectoral growth. The results show that both are important. But productivity is more important as a source of growth in the electronics industry, while factor endowments make a larger contribution in other industries. 2014-08-20T18:10:46Z 2014-08-20T18:10:46Z 2001-11 http://documents.worldbank.org/curated/en/2001/11/1620914/productivity-versus-endowments-study-singapores-sectoral-growth-1974-92 http://hdl.handle.net/10986/19500 English en_US Policy Research Working Paper;No. 2702 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific Singapore |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING CONDITIONS CONSTANT RETURNS TO SCALE CONSTRUCTION DIMINISHING RETURNS ECONOMIC GROWTH ELASTICITIES ELASTICITY EMPIRICAL RESEARCH EMPIRICAL STUDIES EQUALIZATION EQUATIONS EQUILIBRIUM GDP GNP GROWTH RATE GROWTH THEORY IMPORTS INDUSTRIAL PRODUCTION INPUT PRICES INTERMEDIATE INPUTS INTERNATIONAL TRADE INVENTORY LABOR FORCE LABOR INPUTS MAXIMUM LIKELIHOOD ESTIMATION OIL PERFECT COMPETITION POSITIVE EFFECTS PRICE ELASTICITIES PRICE ELASTICITY PRODUCTION FUNCTIONS PRODUCTION TECHNOLOGY PRODUCTIVITY PRODUCTIVITY GROWTH TOTAL FACTOR PRODUCTIVITY TRANSPORT VALUE ADDED INDUSTRIAL PRODUCTIVITY FACTOR PRODUCTIVITY ENDOWMENTS INDUSTRIALIZATION AGGREGATE VARIABILITY MANUFACTURING ENTERPRISES SECTORAL ASSESSMENT ELECTRONICS INDUSTRIES ECONOMIC GROWTH VALUE ADDED INDUSTRIAL PRODUCTIVITY |
| spellingShingle |
ACCOUNTING CONDITIONS CONSTANT RETURNS TO SCALE CONSTRUCTION DIMINISHING RETURNS ECONOMIC GROWTH ELASTICITIES ELASTICITY EMPIRICAL RESEARCH EMPIRICAL STUDIES EQUALIZATION EQUATIONS EQUILIBRIUM GDP GNP GROWTH RATE GROWTH THEORY IMPORTS INDUSTRIAL PRODUCTION INPUT PRICES INTERMEDIATE INPUTS INTERNATIONAL TRADE INVENTORY LABOR FORCE LABOR INPUTS MAXIMUM LIKELIHOOD ESTIMATION OIL PERFECT COMPETITION POSITIVE EFFECTS PRICE ELASTICITIES PRICE ELASTICITY PRODUCTION FUNCTIONS PRODUCTION TECHNOLOGY PRODUCTIVITY PRODUCTIVITY GROWTH TOTAL FACTOR PRODUCTIVITY TRANSPORT VALUE ADDED INDUSTRIAL PRODUCTIVITY FACTOR PRODUCTIVITY ENDOWMENTS INDUSTRIALIZATION AGGREGATE VARIABILITY MANUFACTURING ENTERPRISES SECTORAL ASSESSMENT ELECTRONICS INDUSTRIES ECONOMIC GROWTH VALUE ADDED INDUSTRIAL PRODUCTIVITY Kee, Hiau Looi Productivity versus Endowments : A Study of Singapore's Sectoral Growth, 1974-92 |
| geographic_facet |
East Asia and Pacific Singapore |
| relation |
Policy Research Working Paper;No. 2702 |
| description |
Productivity, and the Rybczynski effects
of factor endowments, have been highlighted as the two main
reasons behind the growth of newly industrializing economies
in East Asia. However, empirical studies at the aggregate
level, do not find support for these claims. Focusing on
Singapore's manufacturing industries, the author
estimates the contributions of productivity, and factor
endowments to sectoral growth. The results show that both
are important. But productivity is more important as a
source of growth in the electronics industry, while factor
endowments make a larger contribution in other industries. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Kee, Hiau Looi |
| author_facet |
Kee, Hiau Looi |
| author_sort |
Kee, Hiau Looi |
| title |
Productivity versus Endowments : A Study of Singapore's Sectoral Growth, 1974-92 |
| title_short |
Productivity versus Endowments : A Study of Singapore's Sectoral Growth, 1974-92 |
| title_full |
Productivity versus Endowments : A Study of Singapore's Sectoral Growth, 1974-92 |
| title_fullStr |
Productivity versus Endowments : A Study of Singapore's Sectoral Growth, 1974-92 |
| title_full_unstemmed |
Productivity versus Endowments : A Study of Singapore's Sectoral Growth, 1974-92 |
| title_sort |
productivity versus endowments : a study of singapore's sectoral growth, 1974-92 |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2001/11/1620914/productivity-versus-endowments-study-singapores-sectoral-growth-1974-92 http://hdl.handle.net/10986/19500 |
| _version_ |
1764439891424313344 |