Measurement of total factor productivity growth in countries with high rates of structural change.

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dc.contributor.advisorPham, Van Hoang.
dc.contributor.authorRacsa, Patrick N.
dc.contributor.departmentEconomics.en
dc.contributor.otherBaylor University. Dept. of Economics.en
dc.date.accessioned2008-06-11T18:03:55Z
dc.date.available2008-06-11T18:03:55Z
dc.date.copyright2008-05
dc.date.issued2008-06-11T18:03:55Z
dc.descriptionIncludes bibliographical references (p. 55-56).en
dc.description.abstractIn a neoclassical framework, high rates of economic growth can be sustained if the main source of this growth is improvements in technical efficiency, measured by Total Factor Productivity Growth (TFPG). This study argues that traditional aggregate growth accounting methods might not be a useful measure of technological gains when such gains are predominantly sector-specific. In rapidly industrializing countries, rates of structural change from changing of industries are high. This allows us to form the testable hypothesis: the observed change in the capital labor ratio in response to a change in the wage to capital cost ratio should be lower in economies with high rates of structural change than in economies with lower rates of structural change. We find robust empirical evidence supporting this hypothesis.en
dc.description.degreeM.S.en
dc.description.statementofresponsibilityby Patrick N. Racsa.en
dc.format.extentvi, 56 p. : ill.en
dc.format.extent164497 bytes
dc.format.extent315251 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypeapplication/pdf
dc.identifier.urihttp://hdl.handle.net/2104/5191
dc.language.isoen_USen
dc.rightsBaylor University theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. Contact librarywebmaster@baylor.edu for inquiries about permission.en
dc.rights.accessrightsWorldwide accessen
dc.subjectIndustrial productivity --- East Asia -- Measurement.en
dc.subjectEconomic development -- Mathematical models.en
dc.subjectTechnological innovations -- Economic aspects --- East Asia.en
dc.subjectStructural adjustment (Economic policy) --- East Asia.en
dc.titleMeasurement of total factor productivity growth in countries with high rates of structural change.en
dc.typeThesisen

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