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    National Tsing Hua University Institutional Repository > 科技管理學院  > 經濟學系 > 會議論文  >  Revisiting Taiwanese Economic Growth from 1961 to 2002 through the Lens of a Neoclassical Model

    Please use this identifier to cite or link to this item: http://nthur.lib.nthu.edu.tw/dspace/handle/987654321/45198

    Title: Revisiting Taiwanese Economic Growth from 1961 to 2002 through the Lens of a Neoclassical Model
    Authors: Shu-shiuan Lu
    教師: 盧姝璇
    Date: 2008
    Publisher: Society for Economic Dynamics
    Relation: the 2008 Annual Meeting of Society for Economic Dynamics,Cambridge,July 2008
    Keywords: Source of Growth
    Taiwanese Economy
    Abstract: This paper studies the sources of growth for Taiwan from 1961 to 2002 using a diagnostic tool, known as business cycle accounting, developed in the recent business cycle literature. The results show that the path of Taiwanese growth would not have been achieved without improvements in total factor productivity (TFP). In addition, there are significant distortions in capital markets in the equilibrium investment decisions of agents operating in otherwise competitive capital markets. Finally, frictions in labor markets also contribute to growth but are minor relative to TFP growth and frictions in capital markets.
    URI: https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=SED2008&paper_id=320
    Appears in Collections:[經濟學系] 會議論文

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