Title: Capital productivity determinants: East Asian perspectives

Authors: Elsadig Musa Ahmed

Addresses: Faculty of Business and Law, Economics Unit, Multimedia University, 75450 Melaka, Malaysia

Abstract: This study converses the effects of capital productivity and labour intensity on total factor productivity (TFP) intensity in ASEAN5 countries, namely Malaysia, Indonesia, Philippines, Singapore and Thailand, plus 3 countries such as China, Japan and South Korea. This study contributes to the literature of growth accounting method in the area of calculating capital productivity, labour intensity and their simultaneous contribution, which is referred to as TFP per unit of capital. The study finds that there is a little contribution of the TFP intensity growth during the periods of the study and confirms that high capital input growth resulted in low capital productivity with insignificant technological progress experiences by these countries.

Keywords: capital productivity; East Asian economies; labour intensity; sustainable economic growth; East Asia; growth accounting; sustainability; total factor productivity; TFP; ASEAN5; Malaysia; Indonesia; Philippines; Singapore; Thailand; China; Japan; South Korea.

DOI: 10.1504/IJSE.2009.024314

International Journal of Sustainable Economy, 2009 Vol.1 No.3, pp.245 - 254

Published online: 31 Mar 2009 *

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