Economic Growth in East Asia
Sources of Growth
Growth of Contribution of:
Country/ GDP per Capital Education Total Factor
period Worker Productivity
Indonesia
1960-70 1.8 0.5 0.5 0.8
1970-80 5.0 3.5 0.3 1.1
1980-86 2.6 3.2 0.5 -1.1
1986-92 3.9 2.6 0.5 0.8
1960-92 3.3 2.3 0.4 0.5
Republic of Korea
1960-70 5.1 3.5 0.9 0.6
1970-80 5.9 4.5 0.5 0.8
1980-86 6.2 2.9 0.7 2.5
1986-92 6.6 3.9 0.7 1.9
1960-92 5.8 3.8 0.7 1.3
Malaysia
1960-70 3.7 2.7 0.4 0.6
1970-80 4.0 2.8 0.4 0.8
1980-86 1.5 2.8 0.6 -1.9
1986-92 5.4 1.9 0.6 2.8
1960-92 3.7 2.6 0.5 0.6
Singapore
1960-70 5.6 5.2 0.3 0.1
1970-80 4.3 3.9 0.0 0.4
1980-86 3.6 3.7 0.7 -0.8
1986-92 7.4 2.6 0.6 4.0
1960-92 5.1 4.0 0.3 0.7
Thailand
1960-70 5.2 3.9 0.0 1.2
1970-80 3.8 2.7 0.1 0.9
1980-86 3.1 1.9 0.9 0.3
1986-92 8.3 3.2 0.8 4.0
1960-92 4.9 3.0 0.3 1.5
Taiwan/China
1960-70 6.5 4.5 0.5 1.4
1970-80 6.1 4.1 0.7 1.1
1980-86 4.5 2.1 0.5 1.8
1986-92 5.9 2.8 0.5 2.5
1960-92 5.9 3.6 0.6 1.6
Note: All the above figures are average growths rates in
percent per year for the period indicated.
Bosworth, Collins, and Chen, Table A2.