Chapter
Part I Studies of emerging east asian economies: Taiwan and korea
Chapter 1 Some development indicators of taiwan
1.2 Some Economic Indexes
1.4 Political and Defense Development Indexes
Chapter 2 Capital flows and exchange rates during the asian financial crisis
2.2 Four Explanations of the Crisis
2.3 Comparison of Taiwanese and Korean Economies
2.3.2 The external and financial sectors
2.4 Short-term Debt, Exchange Rates and Crisis in Korea
2.5 On the Currency and Banking Crises
2.6 The Causality Test—The Case of Korea
2.6.2 The cointegration test
2.6.3 The ECM causality test
2.7 The Causality Test—The Case of Taiwan
2.7.2 The cointegration test
2.7.3 The standard Granger causality test
2.8 Conclusion: Lessons and Challenges
Chapter 3 Productivity growth
3.2 The Malmquist Productivity Index
3.4 Labor and Capital Productivities
3.5 Total Productivity Growth 1979–96
3.5.1 Analysis of the cross-section data
Comparisons at the aggregate level
Intercountry coefficients
Intracountry coefficients
Correlation at the sectoral levels
3.5.2 Analysis of time-series data
3.6 Productivity Growth of Three Categories
3.7 The Innovators of the Manufacturing Industry
3.8 Some Concluding Remarks
Appendix 3A Overall Industrial Structure of Korea and Taiwan
Chapter 4 Korean and taiwanese
4.2 The Malmquist Productivity Index
4.3 The Data and Estimation of Productivity Growth Rates
4.4 The Structure of the Manufacturing Industry
4.5 Aggregate Productivity Performances
4.6 The Trend of Each Index among the Three Categories
4.7 The Trend of Five Indexes in Each Category
Appendix 4A: Sources of Data
Chapter 5 Colonialism, learning and convergence: A comparison of india and taiwan
5.2 India and Taiwan in the World Economy
5.3 The Colonial Heritage
5.4 A Simple Model of Learning
5.5 Unit Root-Based Tests of Convergence
5.6 A Logistic Model of Convergence
Appendix 5A: Explanations of Table 5.1
Appendix 5B: Illustration of Table 5.1
Part II Catching up and convergence in east asian economic growth
Chapter 6 Miracle or myth of asian nics’ growth: The irony of numbers
6.2 The Nature of the “Miracle”
6.3 On Total Factor Productivity
6.4 On Percentage Contribution of TFP
6.5 Other Estimates of TFP Growth Rates and Contribution
Chapter 7 “Miracle growth” in the twentieth century: International comparisons of
7.2 International Comparisons of Real GDP per Capita
7.2.1 Comparisons of real GDP per capita level
7.2.2 Real GDP per capita growth rates
7.2.3 Coefficients of variation
7.2.4 Comparisons of the prewar and postwar growth of countries
7.3 Long-Run Comparisons of Taiwanese and Korean Development
7.3.1 Slow postwar recovery
7.3.3 The Korea–Taiwan reversal
7.4 Falling behind the Japanese Growth
7.4.1 Real GDP per capita ratios
7.4.2 The transition period
7.4.3 A common turning point
7.5. International and Domestic Environments
7.5.1 Performance of Asian NIEs vis-à-vis Japan
7.5.2 The world development
7.5.3 Why did Korea and Taiwan fall behind Japan?
7.6 Regime Change and Structural Change
7.6.2 The real GDP per capita series
7.6.3 The real GDP per capita growth rate series
Chapter 8 Catching up and convergence: On the long-run growth in east asia
8.3 A Simple Model of Learning
8.4 A Logistic Model of Convergence
8.5 Time Required for Convergence
Appendix 8A: On the Coefficient of Learning (r)
Appendix 8B: Ratio of the GDP Per Capita
Appendix 8C: Calculation of the Time Required for Convergence
Chapter 9 Epilogue: From emerging east asia
9.2 Cross-Section Comparison of GDP per Capita
9.3 Time-Series Comparison of GDP per Capita in PPP
9.3.1 Comparison among Asian NIEs, Japan, the United States, China and India
9.3.2 Comparison among Asian NIEs, Japan, the United States and the Four EU Countries
9.3.3 Comparison among Asian NIEs, Japan, the United States and the ASEAN-4 Countries
9.4 Catching Up and Convergence in Emerging East Asia
9.5 Conclusion—The Prospect of an Asia-Centered World Economy
Appendix 9A: Derivation of the Purchasing Power Parity (PPP) Exchange Rate
Appendix 9B: On the Derivation of the Big Mac Index
Appendix 9C: Taiwan as the “Republic of Technology” (ROT)
Appendix 9D: Taiwan’s Innovative Activities and the World Competitiveness Index
Economic Development of Emerging East Asia
：Catching Up of Taiwan and South Korea
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