Sectoral capital-labor ratios and total factor productivity : Evidence from Asia
Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
| Original language | English |
|---|---|
| Pages (from-to) | 674-684 |
| Journal / Publication | Review of International Economics |
| Volume | 19 |
| Issue number | 4 |
| Publication status | Published - Sep 2011 |
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Abstract
This paper examines the relationship between sectoral capital-labor ratios and total factor productivity (TFP) for six Asian economies in the context of the Balassa-Samuelson model. A strong prediction of the model is that the capital-labor ratios in both the traded- and nontraded-goods sectors depend on the TFP in the traded-goods sector. Both single-equation and panel cointegration tests support this implication of the model. © 2011 Blackwell Publishing Ltd.
Citation Format(s)
Sectoral capital-labor ratios and total factor productivity : Evidence from Asia. / Kakkar, Vikas; Yan, Isabel K.M.
In: Review of International Economics, Vol. 19, No. 4, 09.2011, p. 674-684.Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
