Economic growth and transition econometric analysis of Lim's S-curve hypothesis /
This book is the first of its kind to systematically analyze and apply Lim Chong Yah's S-curve hypothesis to the various facets of economic growth and economic transition. By augmenting the mathematical and economical sophistication of the hypothesis, this book extends the S-curve hypothesis to...
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| Format: | Electronic |
| Language: | English |
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Singapore ; Hackensack, N.J. :
World Scientific Pub. Co.,
c2010.
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| Online Access: | View fulltext via EzAccess |
Table of Contents:
- ch. 1. Introduction and overview. 1.1. Introduction. 1.2. Review of the S-curve hypothesis. 1.3. Interpretations of the S-curve. 1.4. Empirical support of the S-curve hypothesis. 1.5. Insight and implications of the S-curve hypothesis. 1.6. Conclusion
- ch. 2. Microeconomic foundation of the S-curve hypothesis : a stochastic technological diffusion model. 2.1. Introduction. 2.2. Barro and Sala-i-Martin's technological diffusion model. 2.3. Interpretation and enhancement of the productivity parameter. 2.4. The stochastic technological diffusion model. 2.5. Result. 2.6. Conclusion
- ch. 3. Testing of growth convergence and economic transition under the framework of the S-curve hypothesis. 3.1. Introduction. 3.2. Review of Phillips and Sul's methodology. 3.3. Analysis of transition paths. 3.4. Econometric testing of growth convergence. 3.5. Conclusion
- ch. 4. Hypothesis of the S-curve of capital accumulation and its implied capital-output ratios. 4.1. Introduction. 4.2. Hypothesis of the S-curve of capital accumulation. 4.3. Capital-output ratios and economic development. 4.4. International evidence on capital accumulation and economic development. 4.5. Capital accumulation and economic development of Singapore. 4.6. Capital growth and total factor productivity growth of Singapore. 4.7. Conclusion
- ch. 5. The S-curves of Singapore and Japan. 5.1. Introduction. 5.2. The S-curve of Singapore's economy. 5.3. The S-curve of Japan's economy. 5.4. Economic transformation of Japan from horse to elephant economy. 5.5. Is Singapore an elephant economy? 5.6. Conclusion : pushing the envelope of the growth potential of Singapore.