Economic Growth in East Asia

Factor Contributions to Growth

		data	  GDP	  Share of  Share of  Share of 
	       	coverage  growth  Capital    Labor    Technical
		period				      Progress

Rep. of Korea 	1960-90	   8.6 	     67	      19	 14
Taiwan/China	1953-90	   8.7	     72	      13	 15
Singapore	1964-90	   8.9	     55	      23	 23
Hong Kong	1966-90	   7.8       48       17	 35
Japan		1957-90	   6.7	     49        6	 46
United States	1948-90	   3.1	     24	      28	 49
United Kingdom	1957-90	   2.5       35	       4	 61
France 		1957-90	   3.7	     33	      -1	 69
West Germany	1960-90	   3.2	     36	      -7	 71

Note: GDP growth is average percent per year. 
Shares of capital, labor, and technical progress are percent 
contribution to overall GDP growth.



SourceKim and Lau, Table 3.1 and Table 7.2.