CAN SECOND-GENERATION ENDOGENOUS GROWTH MODELS EXPLAIN THE PRODUCTIVITY TRENDS AND KNOWLEDGE PRODUCTION IN THE ASIAN MIRACLE ECONOMIES?

被引：113

作者：

Ang, James B. ^{[1
]}

Madsen, Jakob B. ^{[1
]}

机构：

[1] Monash Univ, Clayton, Vic 3800, Australia

来源：

REVIEW OF ECONOMICS AND STATISTICS | 2011年 / 93卷 / 04期

关键词：

RESEARCH-AND-DEVELOPMENT; UNIT-ROOT TESTS; TIME-SERIES TESTS; ABSORPTIVE-CAPACITY; TFP CONVERGENCE; TECHNOLOGY; COINTEGRATION; INNOVATION; SELECTION; DISTANCE;

D O I：

10.1162/REST_a_00126

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Using data for six Asian miracle economies over the period from 1953 to 2006, this paper examines the extent to which growth has been driven by R&D and tests which second-generation endogenous growth model is most consistent with the data. The results give strong support to Schumpeterian growth theory but only limited support to semi-endogenous growth theory. Furthermore, it is shown that R&D has played a key role for growth in the Asian miracle economies.

引用

页码：1360 / 1373

页数：14

共 65 条

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