" Miracle growth" in the twentieth century International comparisons of East Asian development
Using Maddison's data, the authors compare levels and growth rates of real BDP per capita between Korea and Taiwan, along with Japan, and 53 other countries in the world, covering the prewar and postwar periods (1901-92). Both countries, along with Japan, experienced very rapid growth in both p...
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Veröffentlicht in: | World development |
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
2003
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Zusammenfassung: | Using Maddison's data, the authors compare levels and growth rates of real BDP per capita between Korea and Taiwan, along with Japan, and 53 other countries in the world, covering the prewar and postwar periods (1901-92). Both countries, along with Japan, experienced very rapid growth in both periods, especially Korea, whose growth rates ranked third or fourth in the prewar period. After WWIT, however, Korea fell steadily below Taiwan, and both fell continuously behind Japan until 1970 when they simultaneously began to catch up. Finally, using Perron's test, they analyze structural changes or continuity between the two periods. (InWent/DÜI) |
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Beschreibung: | In: World development |
Beschreibung: | graph. Darst |
ISSN: | 0305-750X |