Ferreira, Pedro Cavalcanti; Pessôa, Samuel de Abreu; … - IBMEC Business School - Rio de Janeiro - 2005
In a widely cited paper, Young (1995) showed that the East Asian miracles (Hong Kong, Korea, Singapore and Taiwan) grew … Asian miracles with the rest of the world. We find that, even though the TFP growth rates of the four East Asian miracles … only on the four East Asian miracles, he did not notice that 1966-1990 was a period of particularly low TFP growth and …