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GROWTH THEORY AND ACCOUNTING FOR GROWTH OF THE TAIWANESE ECONOMY AgEcon
Lin, Pei-Chien; Roe, Terry L..
A growth accounting and an econometric exercise are used to provide insights into the evolution of the Taiwanese economy over the period 1966-96. The approach links the GDP function of a multiple sector neoclassical growth model to growth accounting and, subsequently to the estimation of the parameters of this function. The growth accounting results show that the contribution of total factor productivity (TFP) to growth in GDP averaged about 32 percent over the period, and this contribution increased as the economy approached its long-run equilibrium during the decade of the 1980s, with evidence of some departure during 1991-96. Growth in TFP increased output growth in industry and services while growth in skilled labor benefited all sectors. Growth in...
Tipo: Working or Discussion Paper Palavras-chave: Economic growth; Productivity; Technological change; International Development; Productivity Analysis; O3; O4; O5.
Ano: 1999 URL: http://purl.umn.edu/12968
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WELFARE EFFECTS OF FISHERY POLICIES: NATIVE AMERICAN TREATY RIGHTS AND RECREATIONAL SALMON FISHING AgEcon
Lin, Pei-Chien; Adams, Richard M.; Berrens, Robert P..
Severe declines in Pacific Northwest salmon stocks, coupled with increasing recreational demands, and judicial decisions supporting Native American fishing rights create challenges for fishery agencies. This article explores the welfare effects on recreational anglers of alternative salmon allocation policies to meet Native American treaty rights. A discrete choice random utility model, coupled with a Poisson trip frequency model, is used to analyze these welfare effects. The model is fit to survey data from the Willamette River spring chinook fishery, an important recreational fishery in Oregon. Management options have dramatically different welfare effects.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1996 URL: http://purl.umn.edu/31024
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