Understanding the theory and empirics of economic growth in selected Asian countries using channel decomposition analysis

Date of Publication

2005

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Economics

College

Ramon V. Del Rosario College of Business

Department/Unit

Economics

Defense Panel Chair

Michael M. Alba

Defense Panel Member

Sandy Vicente
Alfonso Alba

Abstract/Summary

This paper analyzes economic growth using the channel decomposition framework. As the gap in the standards of living and growth rates of income around the world widens, there is a need to determine which channel is the main contributor to economic growth. Using this framework, we found out that total factor productivity, not factor accumulation, is the main channel that contributes to economic growth. The paper also examines economic growth in selected Asian countries using the results from the channel decomposition framework. Lastly, it is necessary to do some observations for the Philippines in order to formulate important policies recommendations that would help promote economic growth.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU14267

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

55, [12] leaves ; 28 cm.

Keywords

Economic development

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